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HomeMy WebLinkAbout2018-102-10/16/2018-EXPRESSING THE CITY COUNCIL'S SUPPORT OF PROPOSITION 110, AUTHORIZING A 0.62 PERCENT STATE SALES TAXI` RESOLUTION 2018-102 OF THE COUNCIL OF THE CITY OF FORT COLLINS EXPRESSING THE CITY COUNCIL'S SUPPORT OF PROPOSITION 110, AUTHORIZING A 0.62 PERCENT STATE SALES TAX TO FUND TRANSPORTATION INFRASTRUCTURE, AND AUTHORIZING RELATED BONDS, AND URGING THE CITIZENS OF FORT COLLINS TO VOTE "YES" ON THIS BALLOT ISSUE WHEREAS, a modern, safe and efficient 21st century transportation system is essential to Colorado's quality of life and the health of our economy; and WHEREAS, Colorado's population has grown nearly 60 percent since 1991, while state transportation spending per driver, adjusted for inflation, has been cut in half over that same time period; and WHEREAS, increased demands on our roads and bridges have resulted in increased traffic congestion; lost worker productivity and deep frustration-among local citizens; and WHEREAS, the Colorado Department of Transportation has identified $9 billion in much-needed projects that lack funding; and WHEREAS, there has been a significant lack of resources available to local communities to address traffic congestion, maintenance needs and safety concerns; and WHEREAS, the failure to maintain roads and bridges adequately costs Coloradans on average of$468 per driver due to damage and unnecessary wear-and-tear to vehicles; and WHEREAS, truly addressing Colorado's transportation challenges requires a dedicated, sufficient and guaranteed stream of revenue; and WHEREAS, a bipartisan, coalition of local elected officials, business leaders, labor unions, environmentalists, transit groups, and community activists have joined together to ask voters to raise the state sales tax by .62 percent, or about six cents on a ten-dollar purchase, for transportation needs; and WHEREAS, this measure will raise$767 million in its first year and allow for bonding of$6 billion for state projects; and WHEREAS, 40% percent of the new revenue will go to county and municipal governments to address local transportation needs and 15% will go to multi-model transit, and WHEREAS, Colorado voters will be able to vote on this statewide transportation solution on the November 2018 ballot. NOW,THEREFORE,BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Council supports Proposition 110 and urges every registered voter to vote -1- r "YES" onTroposition 110 at the November 6, 2018, election. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 16th day of October, A.D. 2018. Mayor ATTEST: OF FORre, ity rlc SEAL COLOVA 2 -2-