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HomeMy WebLinkAboutresolution.council.136-18 RESOLUTION NO. 136 (Series of 2018) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, ENDORSING THE PASSAGE OF ROARING FORK TRANSPORTATION AUTHORITY ("RFTA") BALLOT ISSUE 7A REGARDING ELECTOR AUTHORIZATION TO IMPOSE AD VALOREM PROPERTY TAX AND ISSUANCE OF REVENUE BONDS. WHEREAS, the Roaring Fork Transportation Authority (RFTA) is a regional transportation authority and political subdivision of the State of Colorado, acting pursuant to C.R.S. Section 43-4-605; and WHEREAS, the Colorado Regional Transportation Authority Law authorizes the imposition of an ad valorem property tax mill levy, contingent on voter approval; and WHEREAS, the City Council recognizes that projected population growth, employment growth and housing development in the region will continue to place more demands on our limited roadways and RFTA's services; and WHEREAS, the Upper Roaring Fork Valley, including Aspen, are primary job generators for the region and benefit significantly from RFTA services and RFTA's ability to continue, maintain and improve services; and WHEREAS, the RFTA Board of Directors does not anticipate that existing sources of revenue will be sufficient to generate the moneys necessary to meet the demand for services of the increasing population in the region while also minimizing increases to fare prices; and WHEREAS, the Board of Directors of RFTA has determined that it is in the interest of RFTA and its constituents to seek approval from the electors within the territory of RFTA, (which includes all or parts of the County of Eagle, the County of Garfield, the County of Pitkin, the City of Aspen,the Town of Snowmass Village,the Town of Basalt, the Town of Carbondale, the Town of Glenwood Springs, and the Town of New Castle), for the imposition of a uniform ad valorem property tax mill levy for the long-term needs and purposes of RFTA, that has been placed on the Ballot as Issue 7A; and WHEREAS, Issue 7A will allow RFTA to implement its Destination 2040 plan to reduce congestion, improve mobility, increase service, provide trail maintenance, and make safety and environmental improvements; and WHEREAS, without approval of Issue 7A, RFTA will likely be forced to reduce regional services by up to 20 percent in just a few years in order to replace its aging buses; and • WHEREAS, the City Council finds that it is in the best interests of the citizens of the City of Aspen to approve this Resolution and support Issue 7A. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Aspen, Colorado that it endorses the passage of Roaring Fork Transportation Authority ballot Issue 7A-Regarding Elector Authorization to Impose Ad Valorem Property Tax and Issuance of Revenue Bonds and authorizes the Mayor to sign this resolution on behalf of the City Council. INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the 8`n day of October 2018. '�Ia LIL, 4 Steven adr n, Mayor 1, Linda Manning, duly appointed and acting City Cl k do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held on the day he i above sta d. A,6,/6 inda Manning, City Clerk