HomeMy WebLinkAboutResolution - 2001-R0447 - Endorsement_Support For Passage Of Proposition 15 _The Texas Mobility Fund_ - 10_11_2001Resolution No. 2001-RO447
October 11, 2001
Item No. 83
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK
THAT the City Council of the City of Lubbock hereby endorses, supports and
encourages the passage of Proposition 15 "The Texas Mobility Fund" by the voters of
Texas on the November 6"' Texas General Election Ballot. Said Proposition 15 is
attached hereto and incorporated in this resolution as if fully set forth herein and shall be
included in the minutes of the City Council.
Passed by the City Council this lit day of Oct obey 2001.
WINDY fiMAYOR
ATTEST:
Rebecca Garza
City Secretary
APPROVED A TO CONTENT:
Ton riv t
Director o Communications and Legislation
APPROVED AS TO FORM:
William de Haas
Contract Manager/Attorney
Ccdocs/Proposition 15.Res
October 11, 2001
Resolution No. 2001-Ro44,
Proposition 15 (SJR 16) Author: Shapiro Sponsor: Brimer
"The constitutional amendment creating the Texas Mobility Fund and authorizing grants and loans of
money and issuance of obligations for financing the construction, reconstruction, acquisition, operation,
and expansion of state highways, turnpikes, toll roads, toll bridges, and other mobility projects."
La enmienda propuesta aparecera en la boleta de votacion en la siguiente forma: "Enmienda
constitucional que crea el Fondo de Movilidad de Texas (Texas Mobility Fund) y autoriza subvenciones y
prestamos de dinero y la emision de obligaciones para financiar la construccion, reconstruccion,
adquisicion, operacion y expansion de las carreteras estatales, carreteras de peaje, carreteras de cuota,
puentes de cuota u otros proyectos de movilidad".
Brief explanation: Proposition 15 would amend the constitution to create the Texas Mobility Fund, which
would be administered by the Texas Transportation Commission. The Fund would finance the
construction, acquisition, and expansion of state highways and would pay a portion of the costs of public
toll roads and other public transportation projects. The legislature may reserve specific sources of state
revenue for the Fund and may authorize the Commission to guarantee the payment of any obligations or
credit agreements with the full faith and credit of the state. The attorney general shall determine the
legality of any such obligations or credit agreements.
La Propuesta 15 enmendaria la constitucion de manera tal que sea creddo el Fondo de Movilidad de
Texas (Texas Mobility Fund), el cual seria administrado por la Comision de Transporte de Texas (Texas
Transportation Commission). El Fondo financiaria la construccion, adquisicidn y expansion de las
carreteras estatales, y pagaria una parte de los costos de las carreteras p6blicas de peaje y otros
proyectos de transportacidn publica. La legislature podria reservar fuentes especificas de ingresos
estatales para el Fondo y podria autorizar a la Comisidn a que garantice el pago de toda obligacion o
convenio de credito con la plena Buena fe y credito del Estado ante las demas entidades de la Union. El
procurador general determinara la legalidad de todas tales obligaciones o convenios de credito.