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HomeMy Public PortalAboutResolution No. 014-86 09-22-1986 RESOL~lTION N0. 14-86 • BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: WHEREAS, excessive U.S. dependence on imported oil has a direct negative impact on domestic oil producers, endangers national security, and erodes the value of state and local tax bases; and WHEREAS, numerous Texas municipalities are heavily dependent upon oil and gas property values for local tax revenues; and WHEREAS, a national policy that would require foreign pro- ducers to pay the costs of oil imported into the United States through an import fee system would lessen the local tax burden of American taxpayers; and WHEREAS, benefits of an oil import fee would not only reduce the erosion of value in local tax bases, but would also, 1) decrease dependence on foreign governments for economic and national security; 2) provide incentives to maintain and develop domestic reserves; and 3) maintain the momentum of conservation; therefore BE IT RESOLVED that the City of Richland Hills, supports a • "National Energy Security and Conservation Policy" which includes as its major component, an import fee to be applied to all crude oil and petroleum products imported into the United States. PRESENTED AND PASSED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS, BY A VOTE OF 4 "AYES" AND 0 "NAYS" and 0 "ABSTENTIONS", THIS THE n DAY OF ep em er ,1986. aul C. Daniels Mayor ATTEST: auline Ke pe City Secretary •