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R85-23 10-14-85 RESOLUTION NO. R85-23 A RESOLUTION SUPPORTING ADOPTION OF THE NEW TEXAS WATER PLAN AT THE NOVEMBER 5, 1985 CONSTITUTIONAL AMENDMENTS ELECTION. WHEREAS, rapid economic expansion and population growth are taxing the state's existing water resources to their limits; and to meet the current and mid-term needs of the state will require the construction of 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 WHEREAS, facilities that need to be could approach $100 billion of local governments to the cumulative cost of the water resource provided between now and the year 2030 -- an amount that far exceeds the ability finance without state assistance; and WHEREAS, the Texas Water Plan that, methodology for addressing create a major new role for solutions to those problems; 1985 Texas Legislature approved a new proposed upon voter adoption, will establish a sound the state's diverse water problems, and state government in helping finance the and WHEREAS, the new Texas Water Plan will appear on the November 5, 1985 statewide constitutional amendments ballot as Amendment 1 and 2 and, if adopted, would: (1) (2) 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; Allocate $400 million in funding for state participation in the cost of oversize capacity of reservoirs and other facilities that exceed immediate local requirements, thus alleviating short-term (3) (4) financial strains on local governments; Authorize the issuance Of $580 million in state bonds to be used for loans to cities and other local governments, including $190 million for water supply facilities, $190 million for wastewater projects and $200 million for flood-control facilities; and 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 WHEREAS, state adoption of Amendments 1 state's water resources estuarine areas; providing authorizing the creation underground water supplies; legislation that will be implemented upon and 2 would enhance the preservation of the by establishing safeguards for bays and incentives for water conservation; and by of voter-approved mechanisms to protect and WHEREAS, voter adoption of Amendments 1 and 2 is essential to insure the state's future wellbeing and the continued prosperity Of Texas cities; NOW, City of Pearland endorses adeption by the citizens of amendments election. THEREFORE, BE IT RESOLVED that the City Council of the Amendments No. 1 and 2, and urges their Pearland at the November 5 constitutional ATTEST: