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HomeMy WebLinkAboutResolution No. 85-19 � . _. R 19-85 A RESOLUTION SUPPORTING ADOPTION OF TI� NEW TEXAS WATER PLAN AT THE NOVF,MBER 5, 1985 CONST I TUT IONAL AMQ�TDMEI�ITS ELECT ION Wf�REAS, rapid economic expansion and population g..r.o�ath are t�Ying the state's existing water resources to their limits; and tc meet the current and mid-term needs of the state will require the construction ai at least 44 new reservoirs, 200 major wastewater treatment systems and scores of large-scale flood-control projects; and WHEREAS, city governments, which historically have borne the major part of the responsibility for financing water resource facilities, will be required to carry an even greater share in the future due to reductions in federal aid; and WHER�AS, the cumulative cost of the water resources facilities that need to be provided between now and the year 2030 could approach $100 billion-- an amount that far exceeds the ability of local governments to finance without state assistance; and Wf�RFAS, the 1985 Texas Legislature approved a new proposed Texas Water Plan that, upon voter adoption, 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 Wf�REAS, the new Texas Water Plan will appear on the November 5, 1985 statewide constitutional amendments ballot as Amendments 1 and 2, if adopted, would: (1) Create a $400 million state fund to guarantee water resource bonds issued by municipal governments, thus saving city taxpayers tens of millions of dollars in interest costs; (2) Allocate $400 million in funding for state participation in the cost of oversize capacity of reservoirs and other facil- ities that exceed immediate local requirements, thus allev- iating short-term financial strains on local governments; (3) Authorize the issuance of_ $580 million in state bonds to be used for loans to r.ities and other local governments, including $190 million for watnr_ supply facilities, $190 million for wastewater projer.ts and $200 million for flood-control facilities; ��nd (4) Establish a state loan fund to assist farmers with the purchase of water-efficient irrigation equipment, and provide state financing for agricultural water conservation research programs; and Wf�REAS, state legislation that will be implemented upon adoption of Amendments 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 conservation; and by authorizing the creation of voter-approved mechanisms to protect underground water supplies; and V�REAS, voter adoption of Amendments 1 and 2 is essential to insure the state's future wellbeing and the continued prosperity of Texas cities; NOW, TI�REFORE, BE IT RESOLVED, that the Mayor and City Council of the City of Friendswood endorses Amendments No. 1 and 2, and urges their adoption by the citizens of Friendswood at the November 5 constitu- tional amendments election. Adopted this 7th day of October , 1985. Mayor lph L. Lowe A � Del ris M I e , i City Secreta