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11-13-15-Resolution-Supporting Statewide State Funding of Transportation Proposition 7-11/02/2015RESOLUTION #R114345 A RESOLUTION IN SUPPORT OF STATEWIDE PROPOSITION 7 FOR INCREASED STATE FUNDING FOR TRANSPORTATION WHEREAS, the 84th Texas Legislature authorized a constitutional amendment for increased transportation funding to be on the November 3, 2015, statewide ballot; and WHEREAS, Proposition 7 is "The constitutional amendment dedicating certain sales and use tax revenue and motor vehicle sales, use and rental tax revenue to the state highway fund to provide funding for non -tolled roads and the reduction of certain transportation -related debt; and WHEREAS, if approved by voters, Proposition 7 would result in increased state funding for transportation to be used for non -tolled roadway projects and to repay principal and interest on general obligation bonds issued by the State; and WHEREAS, although this would not fully fund the state's overall transportation needs, it would be a key step toward securing funding for transportation projects in Texas. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Sanger; Section 1. City of Sanger supports Proposition 7, the proposed amendment on the November 3, 2015, ballot to address Texas transportation needs. Section 2. This resolution shall be in effect immediately upon its adoption. K PASSED AND APPROVED this 2 day of November 2015. ATTEST: Il M/ WI (L Tami Taber, City Secretary r Thomas Muir 1`%\A •.• X AS \\\ 'JlIIIU ISI{{1\\\