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0671 RESOLUTION NO. 671 (#17 — 2011) A RESOLUTION AFFIRMING THE COLLECTIVE SUPPORT OF THE CITY FOR THE PASSAGE OF THE 2011 INTERSTATE REHABILITATION PROGRAM; AND, FOR OTHER PURPOSES. WHEREAS, in 1999, Arkansans overwhelmingly, by a Four to One (4 -to- 1) margin, voted for the adoption of an Interstate Rehabilitation Program financed through federally funded GARVEE Bonds and a Four Cent ($0.04) state diesel tax approved for that purpose; PP WHEREAS, the Interstate Rehabilitation Program modernized over Three Hundred Fifty (350) miles of Interstate highways in Arkansas, but Arkansas now has over Six Hundred Fifty (650) miles of Interstate highways, with more re- construction and modernization left to complete the improvements begun with the 1999 GARVEE Bond Program; WHEREAS, a new Interstate Rehabilitation Program ballot issue will be placed on a Special Election ballot, Tuesday, November 8, 2011. Arkansas voters must approve and authorize the Arkansas Highway Commission to issue a new round of GARVEE Bonds for the purpose of financing a 2011 Interstate Rehabilitation Program designed to address the immediate needs of nearly Three Hundred (300) miles of Interstates, and the issuance of these new GARVEE Bonds will not require any new taxes or an increase in existing taxes but will be funded by future federal revenue dollars and the existing Four Cent ($0.04) state diesel tax; and, WHEREAS, all of Arkansas will benefit from the 2011 Interstate Rehabilitation Program because the Interstate system is the backbone of Arkansas' highway and transportation network and the 2011 Program will provide nearly One Billion Dollars ($1,000,000,000.00) in Interstate rehabilitation, will create over Twenty-seven Thousand (27,000) jobs, and will allow other revenue to be used for local state highway maintenance, all without raising taxes. These modern Interstates will increase Arkansas's opportunity for more economic development from business, industry and tourism. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City of Jacksonville, Arkansas, affirms our support for the passage of the 2011 Interstate Rehabilitation Program, and request that all Arkansans vote FOR the 2011 GARVEE Bonds ballot issue at the Special Election set for Tuesday, November 8, 2011. Resolution No. 671 ( #17 -2011) Page Two SECTION TWO: Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage. APPROVED AND ADOPTED THIS 1 DAY OF OCTOBER, 2011. C ' IACKSONVILLE, ARKANSAS \ :. = ;rte �►' /L.� ^'`' FaET R, MAYOR ATTE T: t '� 1: tfrk SUSANDAVI , C CLERK APP 'O / 0 'ST` % M. ! , I Vara ROBE ' T E. 8 ajar ORNEY