HomeMy Public PortalAboutr 05:253
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No. 05-253
Dale of Adoption Augus t 11 ,
2005
RESOLUTION SUPPORTING THE RENEWAL OF THE NEW JERSEY
TRANSPORTATION TRUST FUND AND INCREASED DEDICATION
FOR LOCAL AID
WHEREAS, on June 30, 2006 the New Jersey Transportation Trust fund will
have no capital funding available to provide local aid for transportation projects
because all incoming revenue will be used for debt service payments; and
WHEREAS, local governments have received approximately $20.0 billion fTom
the Transportation Trust fund and approximately $300 million in bridge bonds
funds; and $275 million in federal local road funds; and
WHEREAS, local roadways and bridges carry 55% of the traffic on country,
municipal and state highways; and local governments maintain 32,810 centerline
miles of roads, 2,498 major bridges and 4,584 minor bridges; and
WHEREAS, a review of annual local transportation needs indicates $211 million
for country bridges, $7.5 million for municipal bridges, $44 million for county
roadways and $112 million for municipal roadways for a total of $374.5 million;
and
WHEREAS, it is in the best interest ofloca1 governments to work in collaboration
with the Governor of the State of New Jersey, the Commissioner of the New
Jersey Department of Transportation and the New Jersey State Legislature to
quantify the State's transportation need and pursue the appropriate methods of
funding:
NOW, THEREFORE, BE IT RESOLVED, that the Borough ofCarteret hereby
calls upon the Governor and the State Legislature to provide for a stable,
dependable and long-term source of funding to support the renewal of the New
Jersey Transportation Trust Fund and an increase in the amount dedicated to local
aid.
AND, BE IT FURTHER RESOLVED, that a copy of this resolution be
forwarded to the Governor of the State of New Jersey, the Commissioner of the
Department of Transportation and members of the State Legislature and the New
Jersey League of Municipalities.
Adopted this 11th day of August 2005
an~ ~ertified as a true copy of ' the
on.g1nal on Augus t 12, 2005.
KATHLEEN M. BARNEY, RMC/CMC
Municipal Clerk
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RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NV A.B. COUNCILMAN _~ES NO NV A.n.
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BELLINO X NAPLES X
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DIAZ X RIOS v
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KRUM X STTAD7 v
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X - Indicate Vote AB· Absent NV - Not Voting XOR - Indicates Vote 10 ()vcrnd~ VeIn
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Adopted at a meeting of the Municipal Council ~/~~
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