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HomeMy WebLinkAboutRES 961112-MM - Support Tollroad FundRESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING THE MAYOR TO SIGN A RESOLUTION OF SUPPORT FOR A DELEGATION TO APPEAR BEFORE THE TEXAS TOLLROAD AUTHORITY TO REQUEST FUNDING FROM THE AUTHORITY'S STUDY FUND TO CONDUCT AN ANALYSIS OF TOLLROAD FINANCING FOR A SYSTEM OF ROADWAY PROJECTS. WHEREAS, the population growth within Williamson and Travis Counties has exceeded all expected levels; and WHEREAS, from all indications, population and employment will continue to increase at a rapid rate; and WHEREAS, congestion on area highways threatens the region's ability to continue to competitively recruit new and diversified business and major employers to the State; and WHEREAS, current transportation infrastructure is inadequate for present and future projected levels of traffic and poses a serious hazard to public safety for all citizens in the metropolitan area; and WHEREAS, the lack of state and federal funding available for major roadway projects in this area creates the necessity of alternative funding sources, such as the construction of toll - financed facilities; and WHEREAS, several different toll financing studies are proposed and underway for roadway projects in Williamson and Travis Counties, including State Highway 130, US 183-A, and the extensions of State Highway 45/Loop 1; and WHEREAS, a comprehensive system -wide study of these identified tollroad opportunities is necessary to assess the financial need to construct a network of toll facilities; and WHEREAS, continued support of funding for the study of tollroad financing of these identified projects must be pursued at the Texas Tollroad Authority. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and Tollroad Resolution No. Page 1 of 2 Pages expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution implements the following policy of the Century Plan - Policy Plan Element: Transportation Policy End 12.0, which states: "Georgetown's transportation system provides for the safe and efficient movement of traffic, promotes the economic interests of the community, and adequately serves the needs of individuals." SECTION 2. The City Council of the City of Georgetown supports the delegation appearing before the Texas Tollroad Authority to request funding from the Authority's Study Fund to conduct an analysis of tollroad financing for a system of roadway projects including State Highway 130, US 183-A, and the extensions of State Highway 45/Loop 1; and that this resolution be forwarded to the Texas Turnpike Authority. SECTION 3. The Mayor is hereby authorized to execute, and the City Secretary to attest thereto this resolution on behalf of the City of Georgetown. SECTION 4. This resolution shall be effective immediately upon adoption. RESOLVED this day of� L e , 1996. Approved: Attest: Leo Wood, Mayor Sandra D. Lee, City Secretary Approved as to form: .......... J_�( �- Marianne Landers Banks, City Attorney Tollroad Resolution No. I%m Page 2 of 2 Pages V -L JV 1V GV -I I L G10 I v 'I I 4111 AULlilil) IXVW'k LEd V V 0 V 1.) 1 -Az GF,0 TCS, IM, TZ A tnl ia. I ij V-1 A 17 ti............ N. . . . . . . . . . . . � VJI� A, t Al 4 N.QR, 71 w LAYOUT MAP TOLL ROAD STUDY L- 96 Inj L CA Al