Loading...
HomeMy WebLinkAboutRes 2019-17 Supporting MetroNextCity of West University Place Harris County, Texas RESOLUTION NO. 2019 -17 SUPPORTING THE METRONEXT PLAN AND THE DECISION OF THE BOAF OF DIRECTORS TO SEEK APPROVAL FOR (A) THE ISSUANCE OF BOND NOTES AND OTHER OBLIGATIONS IN AN AGGREGRATE PRINCIPI AMOUNT NOT TO EXCEED $3.5 BILLION FOR IMPLEMENTATION OF TF METRONEXT PROGRAM AND (B) THE EXTENSION OF THE MOBILI- PAYMENTS TO THE MULTI - CITIES AS PROVIDED IN METRO RESOLUTIC 2019 -71 PARAGRAPH 16 (B) AND MAKING FINDINGS AND PROVISIOl' RELATIVE TO THE SUBJECT. WHEREAS, The Metropolitan Transit Authority of Harris County, Texas (M created pursuant to Chapter 141 of the 63 d Legislature of the State of Texas, Regula 1973 (Article 118x, Vernon Texas Civil Statutes, as amended, now codified as Che Transportation Code, as amended (the Metro Act) and was confirmed at the confirm tax election held on August, 12, 1978, in accordance with the Metro Act; and WHEREAS by way of Metro Resolution 20019 -71 the Metro Board of Director; on August 13, 2019 a comprehensive regional transit plan known as MetroNe) acquisition, construction, repair, equipping, improvement and/or extension of Metrc system; and WHEREAS Metro Resolution 2019 -71 further continues the dedication of 2 sales and use tax revenues for street improvements and general mobility projects thro+ and WHEREAS Metro has participated in numerous meetings with stakeholders, and civic groups, public officials and members of the public to provide information ar the public's views regarding MetroNext; and WHEREAS the City has carefully reviewed MetroNext and finds that MetroN the best framework for the development of transit services and mobility that wil regional needs at this time; and WHEREAS, by way of Metro Resolution 2019 -71, the Metro board of Dire called an election to be held on November 5, 2019 to determine the voter's will on the of bonds, notes and other obligation for the implementation of MetroNext, includin continued dedication of 25% of its sales and use tax revenues for street improven general mobility projects through 2040; NOW, THERFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OF THE CITY OF WEST UNIVERSITY PLACE THAT: Section 2. This resolution is effective immediately upon passage. i o PASSED AND APPROVED ON _ { • ,. t ,/ !I /7 Thelma A. Gilliam, City Secretary RECOMMENDED BY: David J. Betkh, City Manager APPROVED AS TO FORM BY: Alan Petrov, City Attorney Ievin Tr4Utrfer, Mayor Pro