HomeMy WebLinkAbout2005-10-24 05-350 RESOLVElbmlill elan
Date:0ctober24,2005
Item/Subject: Resolve, Calling upon the Citizens of Bangor W Support Questions 2 and 3 on the
November Ballot—Transportation and Environmental Bond Issues.
Responsible Department: City Manager
Question 2 on me November ballot will authorize the State a issue $33.1 million in bonds for a variety a
transportation projects including improvements to the State's highways and bridges, public transl4 and
atrpops. These state funds will make $158,000,000 in federal matching funds available. Question 2
includes funding for a variety of projects and progams in Bangor and throughout the Greater Bangor
region that are essenfial to the maintenance and Improvement of our transportation infrastructure,
Without these funds and the federal funds that they will attract, It would be impassible to maintain the
region's streets and highways at their current level; and
Question 3 will provide $8.9 million in bond funds for a variety of environmental projects including
recapitalization of the State Revolving Loan fund for wastewater system improvements. Here again,
federal matching funds in the amount of $33 million will he available. Over the years, the city has used
the sate wastewater revolving ban fund for numerous pmjecrs a zw laded with our server fund. The low
Interest rates available through this Pond have allowed us to control the cost of sewer service m the
benefit of our ratepayers. We anticipate that we will again use this fund in the future, if 2 is available.
These issues have been discussed by the Rnance Committee, which recommends your approval of Me
attached resolve. /.raj . _ C] a r 2
Department Head
Manager's Comments: Recommend approval.
City Manager
Associated Information:
Finance Director
Will Approval:
M lidror
Introduced for
X Passage
_ First Reading Page _ of
Referral
05 350
Assigned to CoI Casn.reu OCT 2 § 20135
10,
CITY OF BANGOR
"NE
(TITLE.) Resolve, Calling Upon the Citizens of Bangor to Support Questions 2 and 3
on the November Ballot — Transportation and Environmental Bond Issues.
WHEREAS, Question 2 on the November ballot will authorize the State to issue $33.1
million in bonds for a variety of transportation projects including
improvements to the State's highways and bridges, public transit, and
airports; and
WHEREAS, these state funds will make the State eligible for $158,000,000 in federal
matching funds; and
WHEREAS, Question 2 includes funding for a variety of projects and programs in
Bangor and throughout the Greater Bangor region that are essential to
the maintenance and improvement of our transportation infrastructure;
and
WHEREAS, among these are numerous road and bridge projects on state highways
and the state aid road system; the state share of a variety of capital
projects at Bangor International Airport; and funding for capital
investments in our public transit system, including the BAT Community
Connector;. and
WHEREAS, without these funds and the federal funds that they will attract, it would
be impassible to maintain the region's streets and highways at their -
` current level; and
WHEREAS, Question 3 will provide $8.9 million in bond funds for a variety of
environmental projects including recapitalization of the State Revolving
Loan fund for wastewater system improvements; and
WHEREAS, these state funds will make the state eligible for approximately $33
million in federal matching funds; and
WHEREAS, the City has and will continue to utilize the State revolving loan fund for
wastewater system improvements; and
x-35 0
WHEREAS, this fund provides loans to Bangor and other municipalities at an interest
rate far below what would otherwise be available; and
WHEREAS, these low interest rates assist communities in their efforts to restrain
increases in sewer rates, thus benefiting all ratepayers;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
BANGOR THAT
We call upon the citizens of Bangor and our region to support Bond Questions 2 and
3 on the November 8, 2005 ballot. The funding that will be provided through these
bond issues is essential t0 meeting the transportation and environmental needs of
Bangor and our region. These bonds will provide federal and state funds to a variety
of capital improvement projects that will benefit our streets and highways, public
transportation system, Bangor International Airport, and our wastewater collection
and treatment systems. They will reduce the burden that these projects might
otherwise place on our property taxes, rate payers, and users of transit and airport
services.
IH CITY COUNCIL
October 26, 2005
Motion Nade and Seconded
for Passage
Notion Doubted
Vote: 6-1
Councilors voting yes: Allen,
D'8trico, Farrington, Greene
Stone q"Tremble
Coune£lors voting on: Uxatai k
Zgbse C Casbeell, Bases
CLBR
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(IRL&) Callihe Poon t ryr.e..o ..
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Support Question 2 and 3 an the 8oveuberBallot -
Trausaortation and Eavironmes.tal Send Tseues
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