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HomeMy WebLinkAbout2005 Resolution No. 072• • RESOL UTIO N NO. !ll:::- SER IES OF 200 5 A RESO LUT ION SUPPORTING REFEREND A C AND D TOGET HER KNOW N AS TI-I E COLORAD O ECONO MIC RECOVERY PLA N. WHEREAS . stat e voter s will ha ve th e opp ortunit y Novemb er 1'1 to adva nce th e qu ality of life and economic heallh of Colorad oan s by suppon ing Referenda C and D. known together as th e Co lorad o Eco nomic Reco very Plan : and WHE REAS. du ri ng and c;ince th e rec ent recess ion the sta te has cut spendin g severe ly, and state spe ndin g canno t be restored to pre-rece ssion le vel s with out vo ter approva l even th ough state revenues have recovered from th e reces sion; and WHERE AS, muni cipal re ve nu es and programs are adve rse ly affec ted whe never state finance s arc in cri sis , and mun ic ip al reven ues and prog ram s. as well as those o f other local government s. wi ll be sev erdy affe-;:ted if statew id e voters do not ap pro ve Referendum C; and WHER EAS, Referendum C' wo uld provide funding for transportation, education, hea lth c.i re, and poli ce and fir e retirement plans; and WH EREAS, Referend um C pennits the stat e to retain exce ss revenues fo r five years and elim inates th e "ratcheting dow n" effect of TABOR fo ll ow in g eco nomi c down turn s, without rev ising TABOR or ra ising taxes; and WHEREAS . Refe rendum D wo uld acce lerate construction and oth c1 ,pcnditures fo r hi ghwa ys and brid ge s. K· 12 and hi gher education facil nie s. and poli ce and fire reti rement ph ns throug h the is suance of voter approved bonds : and WH EREAS . Referenda C and D ut il ize th e oppo rt unit y affo rded to voters by TABOR for th e sta te to ret ai n excess reven ue in order 1"' provide service s in the sa me mann er as local vot ers in th e Cit y of Englewo od , Colorado and th ro ug hout Coloradu ha ve done ; NOi\'. TI-I EREFORE . BE IT RESOLVED BY THE CITY COUNC IL OF TH E CITY OF ENU LEWO OD. CO LORADO. THAT : Secti on I. Th e Cit y Coun r =I c,f thc Ci ty ofEn g!ew oo d, Co lora do supp ort s state Referenda C and D and urges its cit izen s 10 vo te for both measure s on November I, 200 5. ADOPTED AND APP ROVED th is 18th day of Jul y. 200 5. I. Loucrishia A. Ellis. City Clerk for th e Ci ty of Eng lewood , above is a tru e copy of Re so luti on No . 2b, Seri es of 2005 . rado , hereb y ce nifz Loucrishia A. Elli s, City Cle rk • • •