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HomeMy WebLinkAboutRES 1985-052 RESOI�tTTIOnT NG. 85-52 A FESOLUTION SUPPORTING ADOPTION OF THE N�;W 2'EXAS WATER PI�AN AT THE NOVEMBER 5 , 1985 CONS'1'ITUTIONAL AMENDNENTS ELECTION WHEREAS, rapid economic expansion anct population growth are �-�� t.ax� r.a the state ' s existing water resources t.o their limits ; and t c.� mEet the eurrent ar�d mic:-term r�eed:; of thF �t �t e 4.'ill requ�re trie ccr�:=t r i,et ;�:r_ ci at lea:;t �:� nE�v: re�ervcirs , �GG n:u;cr �����t.E�- � wat�r tr E� tn;E r=t � Y stems ar:c; ::.cor�s of l ar�e scale flocd-c.ontrol �rcjects; ar�d. W�sER�AS , city governmer_ts, which historically have borne the major part of the responsibility fcr financing water resource facilities, will be required to carry an even greater share in the future due to reductions in federal aid; and WHEREAS, the cumulative cost of the water resource facilities that need to be provided between now and the year 2030 could approach $1G0 billion--an amount that far exceeds the ability of local governments to finance without state assistance; and WHEREAS, the 1985 Texas Legislature approved a new proposed Texas Water Plan that, upon voter adcption, will establish a sound methodology for addressing the state ' s diverse water problems , and create a major new role for state government in helping finance the solutions to those problems; and WHEREAS , the new Texas Water Plan will appear on the November 5 , 1985 statewide constitutional amendments ballot as "�""� Amendments No. 1 and `Z and, if adopted wculd: � (1) Create a $40Q mil7.ion state f�.nd tc guarantee water zescurce bonds issued by municipal gc�vernments, thus sa�inr city taxpayer� tens of millions o� dcllars i.n interest costs; (2) Alloc�te $40U mill9on in fu.rc?ing for state participatian in the cost of oversize capacity af reservoirs and other facilities that exceed immediate local requirements, thus al]_eviating short-term financial strains or� local govErnments; (3) Authorize the issuar�ce of $58d million in state bonds to be us�c3 f�r lc�ar.s to citie� and ot.Yier 7_ocal governments, ir.cl.udi.r,g $190 millior� for water suppl� facili.ties, YlSG millicr: fcr waste- water projects and $�UO million far flood-control facilities; ancl (4) Establish a state loan. fund to assist farmers with the purchase of water-efficient irrigation eqttipment, and provide state financing or agricultural water conservation research programs; �._.. :. and WHEREAS, state legislation that will be implemented upon �.., adoption of Amendments No. 1 and 2 would enhance the preservation of the state' s water resources by establishing safeguards for bays and estuarine areas; providing incentives for water con- servation; and k�y authorizing the creation of voter-approved mechanisms to protect underground water supplies; and WHEREAS, voter adoption of Amendments No. 1 and 2 is essential to insure the state ' s future well-being and the continued prosperity of Texas cities . NOW, THEREFORE, BE IT RESOLVED EY THE CITY COUNCIL OF THE CITY OF GRAPEVIrIE, 'I'EXAS: Section 1 . That the City Council of the City of Grapevine, Texas endorses preposed Amer�dments No . 1 and 2 to the State Cor�sititution ar.d urges their adoption by the citizens of Grapevine at t.he November 5 , 19�5 constitutional amendments election. �,.,.. PASSED AND APPFOVED BY THE CITY CUUNCIL QF THE CITY OF ;�, c;RAPEVINE , TEXAS on this the 15th day of Octcber, 1985. APFkOVED: Mayor ATTEST: ��,�J _ City Secreta APPROVEII AS TO FORM: ,x,.:., �z� City Attorney ,,>:;;:� �.,��