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HomeMy WebLinkAboutR2004-001RESOLUTION NO. A RESOLUTION OF THE CITY OF DENTON, TEXAS URGING THE TEXAS TRANSPORTATION COMMISSION TO CONTINUE ITS STRONG, HISTORIC SUPPORT FOR USING TOLL CREDITS IN MAINTAINING THE EXISTING SYSTEM OF PUBLIC TRANSPORTATION IN TEXAS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the United States Congress has recognized that States with tollways have partially funded their transportation systems with local tolls; that such use of tolls has increased the overall local contribution to the transportation systems; and that Congress, in recognition of this increased local contribution established "toll credits" as a source of federal funding that can be, and has been, used to finance the local contribution requirement of funds from the Federal Transit Administration and the Department of Transportation; and WHEREAS, toll credits in the State of Texas have been directed in the past by the Texas Transportation Commission to public transportation agencies in the State; and WHEREAS, public transportation's use of toll credits has effectively leveraged four times the mount of toll credit dollars in additional federal funds; and WHEREAS, the matching of federal funds represented by toll credits has been crucial to maximizing the draw down and use of federal transportation grants to the State of Texas; and WHEREAS, public transportation has historically-based financial needs that greatly exceed that which is available, and that those needs have been well documented by the Texas Department of Transportation; and WHEREAS, any backward movement in the use of toll credits for public transportation by the Texas Department of Transportation will further diminish the ability of public transit to serve residents; and WHEREAS, public transit agencies in Texas - and the local governments that support them - have practical limits in extending any financial resources in substitution of State toll credits; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION I. The City of Denton, Texas, on behalf of Texas public transit agencies, urges the Texas Transportation Commission to continue its strong, historic support for using toll credits in maintaining the existing system of public transportation, and further recommends to the Texas Transportation Commission that public transportation be granted first use of toll credits in the advancement of transit services in the State of Texas. SECTION 2. This resolution shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the ~ ~ day of ~/~.~/]/2~/~, ,2004. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM: t~ ATTORNEY Page 2