RE 2001-10-23.1 A RESOLUTION OF THE CITY OF COPPELL, TEXAS
RESOLUTION NO. 2001-1023.1
A RESOLUTION OF THE CITY OF COPPELL, TEXAS, SUPPORTING
THE PASSAGE OF CONSTITUTIONAL AMENDMENT PROPOSITION 2.
WHEREAS, Proposition 2 of the November 6, 2001 ballot would allow the issuance of bonds for the
building of roads in border colonies; and
WHEREAS, these roads would provide access for emergency medical service, school buses, mail,
and other basic and necessary access; and
WHEREAS, through the issuance of bonds, these critical roadways can be built without an increase
in taxes; and
WHEREAS, since the rate of inflation for road building cost is higher than the current interest rate
on bonds, building the roads with funds from bonds will cost less than waiting to build the roads using the
"pay as you go" method, such that the Proposition 2 constitutional amendment would allow roads to be built
in the most fiscally conservative manner.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS:
That the Council of the City of Coppell, Texas, hereby endorses, supports and encourages the passage
of Proposition 2 and encourages all Texas voters to cast their votes in favor of this much-needed proposition.
PASSED by the City Council of the City of Coppell, Texas, this the 23rd day of
October, 2001.
APPROVED:
CANDY SHEEHAN, MAYOR
ATTEST:
LIBBY BALL, CITY SECRETARY
APPROVED AS TO FORM:
ROBERT E. HAGER, CITY ATTORNEY