HomeMy WebLinkAboutR18-078 Support of RFTA Ballot Issue 7A tMe-- V ti u-4-4 w "
Commissioner t moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE,STATE OF COLORADO
RESOLUTION NO.2018-61t
A RESOLUTION OF THE EALGE COUNTY BOARD OF COMMISSIONERS OF THE
COUNTY OF EAGLE,STATE OF COLORADO IN SUPPORT 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(hereinafter "RFTA") is a regional
transportation authority and political subdivision of the State of Colorado, acting pursuant to the
Colorado Regional Transportation Authority Law; and
WHEREAS, the Board of Directors of RFTA does not anticipate that existing sources of
revenue will be sufficient to generate the moneys necessary to construct, acquire, install and
complete the improvements included in RFTA's long range capital plan; 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 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 pursuant to C.R.S. Section 43-4-605(j.5) and the issuance of
revenue bonds of the Authority payable from the proceeds of such mill levy and certain other
revenues of the Authority pursuant to C.R.S. Section 43-4-612 for the long term needs and
purposes of RFTA, in the form of the ballot issue to be presented to the electors of RFTA
attached hereto(the "Ballot Issue") that has been placed on the Ballot as Issue 7A; and
WHEREAS, RFTA has certified the following Ballot Issue 7A for the November 6, 2018
General Election:
SHALL ROARING FORK TRANSPORTATION AUTHORITY TAXES BE INCREASED UP
TO $9.5 MILLION ANNUALLY (FIRST FULL FISCAL YEAR DOLLAR INCREASE,FOR
COLLECTION IN 2019) AND BY SUCH AMOUNTS AS ARE GENERATED IN FUTURE
FISCAL YEARS FROM AN AD VALOREM PROPERTY TAX MILL LEVY IMPOSED AT
A RATE OF 2.65 MILLS, AND SHALL AUTHORITY DEBT BE INCREASED UP TO
$74.675 MILLION,WITH A MAXIMUM REPAYMENT COST OF UP TO$145.744
MILLION,FOR PURPOSES INCLUDING BUT NOT LIMITED TO:
•BUS RAPID TRANSIT AND LOCAL BUS SERVICE IMPROVEMENTS TO REDUCE
CONGESTION ALONG HIGHWAY 82;
•MOBILITY ENHANCEMENTS FOR PEDESTRIANS, BICYCLIST AND TRANSIT
USERS;
•CONSTRUCTION OF THE LOWER VALLEY TRAIL;
•IMPROVED ACCESS AND MAINTENANCE FOR THE RIO GRANDE TRAIL;
•CONSTRUCTION AND MAINTENANCE OF PARK AND RIDES, BUS STOPS AND
OTHER TRANSIT AND TRANSPORTATION FACILITIES;
• PURCHASE OF NEW BUSES, INCLUDING ELECTRIFICATION OF BUSES FOR
EMISSION AND NOISE REDUCTIONS;
SUCH DEBT TO BE INCURRED BY THE ISSUANCE OF REVENUE BONDS PAYABLE
FROM THE REVENUES OF SUCH TAX AND,TO THE EXTENT MONEYS FROM SUCH
TAX ARE NOT SUFFICIENT FOR THE REPAYMENT OF SUCH BONDS, FROM ANY
OTHER LEGALLY AVAILABLE REVENUES OF THE AUTHORITY, INCLUDING, BUT
NOT LIMITED TO,AUTHORITY SALES AND USE TAXES, VEHICLE REGISTRATION
FEES, FARE REVENUES,TAXES AND OTHER MONEYS RECEIVED PURSUANT TO
INTERGOVERNMENTAL AGREEMENT WITH PITKIN COUNTY, EAGLE COUNTY, OR
ANY OTHER MEMBER OF THE AUTHORITY, SERVICE CONTRACT REVENUES,AND
STATE OR FEDERAL GRANTS;WHICH BONDS SHALL BEAR INTEREST, MATURE,
BE SUBJECT TO REDEMPTION,WITH OR WITHOUT PREMIUM, AND BE ISSUED,
DATED AND SOLD AT SUCH TIME OR TIMES, AT SUCH PRICES (AT,ABOVE OR
BELOW PAR) AND IN SUCH MANNER AND CONTAINING SUCH OTHER TERMS,NOT
INCONSISTENT HEREWITH,AS THE BOARD OF THE AUTHORITY MAY
DETERMINE; AND SHALL THE REVENUES FROM SUCH TAXES AND THE EARNINGS
THEREON AND ON THE PROCEEDS OF SUCH BONDS BE A VOTER-APPROVED
REVENUE CHANGE THAT THE AUTHORITY MAY COLLECT, RETAIN AND EXPEND
WITHOUT LIMITATION UNDER ARTICLE X, SECTION 20 OF THE COLORADO
CONSTITUTION (TABOR), SECTION 29-1-301, C.R.S.,OR ANY OTHER LAW?
NOW THEREFORE,BE IT RESOLVED AS FOLLOWS:
Section 1. For economic well-being,environmental sustainability and traffic reduction, Eagle
County supports and recommends elector approval of RFTA Ballot Issue 7A on the November 6,
2018 ballot for the following reasons:
- 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.
- Our economy,quality of life and environment will take a step backwards without
RFTA's improved services.
- RFTA is an indispensable community service, and must remain financially viable.
RFTA decreases congestion by transporting more than 5 million passengers a year
system-wide.
RFTA efficiently manages traffic congestion,as demonstrated by its success in
reducing vehicle traffic and providing creative, functional solutions for commuters
during the Grand Avenue Bridge detour.
- RFTA takes thousands of cars per day off the region's roads and highways.
- RFTA communities and riders have asked for additional evening,weekend and off-
season service with existing funding.
- BRT service is needed on the weekends and in the off seasons to take more cars off
the roads and to provide more flexibility for those who depend on RFTA to commute
to their jobs and other destinations.
- Lssue 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.
- Without approval of 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.
Section 2. If any section, paragraph,clause or provision of this Resolution shall be adjudged to
be invalid or unenforceable, the invalidity or unenforceability of such section,paragraph,clause
or provision shall not affect any of the remaining sections,paragraphs,clauses or provisions of
this Resolution,it being the intention that the various parts hereof are severable.
Section 3. This Resolution shall take effect immediately upon its passage.
MOVED,READ AND ADOPTED by the Board of Count Commissioners of the County of
Eagle, State of Colorado, at its regular meeting held then"'day of 0°U uihw 2018.
COUNTY OF EAGLE, STATE OF
OLORADO, By and Through Its
c,LE •;• RD OF COUNTY COMMISSIONERS
ATTEST: ®� z 1'
�Q a ,,► .� U_"4 COLoO` By: "lei 14 Pt ,, a ( G`
Clerk to the the Board of Kathy Cha r-Henr
County Commissioners Chairt
4111
�s`•
�lian H. Ryan
Commissioner
i r
anne McQueengj
Commissioner
Commissioner "`���* seconded adoption of the foregoing resolution. The roll
having been called, the vote was as follows:
Commissioner Chandler-Henry
Commissioner Ryan
Commissioner McQueeney .,, "
This resolution passed by / u vote of the Board of County Commissioners of
the County of Eagle, State of Colorado