RESO 2001-19 - Prop 2 Construction AmendmentRESOLUTION NO. 2001-19
A RESOLUTION OF THE CITY COUNCIL OF THE C HUNTSVILLE, TEXAS, SUPPORTING
PASSAGE OF PROPOSTION 2 ON THE NOVEMBER 6TH CONSTITUTIONAL AMENDMENT
ELECTION BALLOT.
WHEREAS 2 of the November 6, 2001. ballot would allow the issuance of bonds for ttie building
of roads in border colonies; and
WHEREAS these roads would provide access for emergency medica service, school buses, mail, and ether
basic and necessary access; and
WHEREAS through the issuance of bonds, these critical roadways cari be built without an increase in taxes;
and
WHEREAS since the rate of inflation for road building cost is higher than the current interest rate on bonds,
building the roads with funds from bonds will cost less than waiting to build the roads using the
"pay as you go" method, such that the Proposition 2 constitutional amendment would allow roads
to be built in the most fiscally conservative manner;
THEREFORE, The City Council ot the City of Huntsvifle, Texas endorses, supports and encourages the passage
of Proposition 2 and encourages all Texas voters to cast their votes in favor of this much needed proposition.
Passed and approved this 23rd day of October, 2001.
Danna Welter, City Secretary
APP VED TO FROM:
u Ish��. ~ torney
WilIlam B. Green, Mayor