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HomeMy WebLinkAboutRES 01-252 RESOLUTION NO. 01-252 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: WHEREAS, Proposition 2 of the November 6, 2001 ballot would allow the issuance of bonds for the building of roads in border colonias; and, WHEREAS, these roads would provide access for emergency medical service, school busses, mail, and other basic and necessary access; and WHEREAS, through the issuance of bonds, these critical roadways can be built without an increase in taxes; and, WHEREAS, since the inflation for road building cost is higher than the current interest rate on bonds, building the roads with funds from bonds will cost less than waiting to build the roads using the "pay as you go" method, such that the Proposition 2 constitutional amendment would allow roads to be built in the most fiscally conservative manner. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City of Beaumont endorses, supports and encourages the passage of Proposition 2 and encourages all Texas voters to cast their votes in favor of this much- needed proposition. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 231d day of October, 2001. - Mayor Pro Tem Guy N. Goodson -