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HomeMy WebLinkAboutResolution 2369A Resolution ~ 3 ~ ~ REAFFIRMING THE FORT WORTH CITY COUNCIL'S COMMITMENT TO COMPLETION OF PREVIOUS BOND PROGRAM PROJECTS AND ASSURING THE CITIZENS OF FORT WORTH OF A TIMELY COMPLETION OF THE PROPOSED 1998 BOND PROGRAM PROJECTS WHEREAS, on February 7 1998 the citizens of the City of Fort Worth will be asked to vote to consider approving a $120 million bond program which consists of over 300 specific projects that will benefit the City and which will be undertaken through an aggressive four year construction program, and WHEREAS, the $120 million bond program will be accomplished without the need for a tax rate increase and includes projects that are of vital importance and are needed to insure that our City continues to provide the high quality of life that our citizens expect and deserve and WHEREAS, the citizens of Fort Worth have passed previous bond programs in 1990 and 1993 that have resulted in lasting improvements to our community and WHEREAS, some of the projects from these previous street bond programs are still pending and outstanding with 90 percent of the projects either complete (31 percent) or under construction (59 percent) and the remaining 10 percent of the projects m design/utility clearance and WHEREAS, several factors have contributed to the delay in completion of the 1990 and 1993 bond programs including the downturn of the local economy m the early 1990 s that forced the City to slow implementation of several previously approved projects and the more recent problem of an availability of contractors due to a significant increase in construction activity in the area over the last two to three years and WHEREAS, the City Council recognizes and finds that the delay in completion of the previously approved projects is unacceptable and WHEREAS, the City Council wants to assure the citizens of Fort Worth through this resolution that that the 1998 projects will be completed in a timely manner and that all previously approved street bond projects will be completed or under construction by August 31 1998 barring any uncontrollable delays NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, 1 That the City Council recognizes and finds that the delay in completion of the previously approved street bond projects is unacceptable and reaffirms a commitment to the citizens of Fort Worth that barring any uncontrollable weather related delays that all previously approved street bond projects will be completed or under construction by August 31 1998 and CITY OF FORT WORTH CITY OF FORT WORTH