HomeMy Public PortalAboutResolution 2018-10-03 Supporting Proposition 110 TOWN OF FRASER
RESOLUTION 2018-10-03
SUPPORTING PROPPOSTION 110 "LETS GO, COLORADO" TO
INCREASE FUNDING FOR STATEWIDE AND LOCAL TRANSPORTATION NEEDS
WHEREAS, on November 6, 2018, state voters will have the opportunity to support a
measure to raise the state's sales and use tax by 0.62 percentage points, from 2.9 percent to
3.52 percent, for statewide and local transportation needs; and
WHEREAS, the increased demands on Colorado's transportation infrastructure has
resulted in increased traffic congestion, safety concerns, air pollution, and lost worker
productivity; and
WHEREAS, the Colorado Department of Transportation (CDOT) has identified $9billion
in much needed statewide transportation projects that lack funding; and
WHEREAS, addressing Colorado's transportation funding challenges requires a
dedicated, sufficient, and guaranteed stream of revenue at the state and local levels; and
WHEREAS, Proposition 110 could be expected to raise $767 million in its first year and
allow for the bonding of$6 billion for state transportation projects; and
WHEREAS, of the revenue generated by Proposition 110, 60 percent would be directed
to statewide transportation projects, multimodal transportation investments, and bond
repayment.
WHEREAS, the remaining 40 percent of new revenue would be allocated equally
between municipal and county governments and made available for multimodal capital or
operations expenses as determined by local transportation needs.
WHEREAS, the Colorado Fair Campaign Practices Act expressly authorizes local
governments to pass a resolution taking a position of advocacy and reporting the passage of,
and distribution, the resolution through established and customary means by C.R.S. 1-45-
117(1)(b)(III).
NOW THERFORE, the Fraser Board of Trustees hereby RESOLVES TO SUPPORT
PROPOSTION 110 "LETS GO, COLORADO" TO INCREASES THE FUNDING FOR
STATEWIDE AND LOCAL TRANSPORTATION NEEDS.
DULY MOVED, SECONDED, AND ADOPTED THIS 'nth DAY OF OCTOBER, 2018.
TOWN OF FRASER BOARD OF TRUSTEE
Votes in favor: 1
Votes opposed: T_
Absent: i
Abstained: 0— BY:
Mayor
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