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HomeMy WebLinkAbout1992-05-27 92-276 RESOLVE92 207 Date May 19, 1992 Item No. Item/SubI Resolve Supporting Passage of Maine Jobs Bond Referendum Community and Economic Development/Economic Development RmiPomfble DeparhnenL Advisory Commission Commentary: Maine voters will have the opportunity on June 9. to vote on whether the state of Maine should issue 79 million dollars in bonds (known as the Jobs Bond Package) for the purpose of creating jobs through immediate Investment In public infrastructure projects. The Bangor Economic Development Advisory Commission has considered the issue and recommended that the City of Bangor support approval of the Jabs Bond Package The attached Resolve also encourages rages Bangor voters to learn about the Issue and exercise their right to vote on June 9. It also indicates the City of Bangor's support for passage. The Community and Economic Development Committee has unanimously recommended passage of the Resolve. Manager's Comments: 1. u Ery vnwg=r Aousciated Information: Budget Approval: 5va D,n Cfmr Legal Approval k �/I CirysMimiwr Int ced For Passage CD First Reading Page_ ot— n Referral Assigned To Councilor BlanchetteMay 29,11 CITY OF BANGOR QITLEJ ¢SDwyEncouraging VoterSupport for the Mai .soba Bond xe111 -fereramm By th*airy Co df of t4 City ofBanomt RESOLVED, WHEREAH, the Legislature of the State of Maine has authorized a June 9, 1992 referendum by Maine voters to determine whether the State should issue 99 million dollars of bonds, known as the Jobs Bond Package, which are designed to stimulate Maine's economy; and _ WHEREAS, Maine's economy has suffered greatly from the national and regional recession and approximately 60,000 Maine residents are currently unemployed; and WHEREAS, the proposed jobs bond will immediately put thousands of Maine residents back to work and result in major Improvements to the State's public infrastructure; and WHEREAS, the highways, bridges, water and sewer systems, public buildings and other public facilities in the State are in need of major investment; and WHEREAS, such public investment will create the infrastructure necessary to encourage long-term economic growth in the State; and WHEREAS, of the total Jobs Bond .Package, $28 million is designated for municipal infrastructure projects; and WHEREAS, the City of Bangor and other municipalities in Maine have critical infrastructure needs which need to be addressed; and WHEREAS, $10 million of the Jobs Bond Package is designated for the Local Road Assistance Program which will aid municipalities in undertaking important .road maintenance during 1992, THEREFORE, BE IT RESOLVED THAT the Bangor City Council hereby urges that Bangor citizens take the opportunity to learn about the Jobs Bond Package and exercise their right to vote on June 9th; and ALSO BB IT RESOLVED THAT the Bangor City Council encourages Bangor Voters to support passage of the Maine Jobs Bond Package. RESOLVE IN CITY COUNCIL - Nay 27, 1992 Encouraging Voter Support for the Maine Paas d _ Jabs Bond Referendum CIT CLEM V �a5� r1Gi J