Explanation
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Title
To urge the citizens of the City of Columbus to vote for the 2004 Bond Package, Issues 4 thru 11, on November 2, 2004.
Body
WHEREAS, passage of the 2004 Bond Package will drive more than $600 million in new investment for neighborhood projects without resulting in any new taxes, and
WHEREAS, the City of Columbus is the only large city in the United States to have maintained a AAA bond rating, the highest rating given by the national bond rating agencies, and
WHEREAS, by approving the 2004 Bond Package, the City gains the ability to save tax dollars by utilizing the AAA rating to borrow money for capital projects at the lowest interest rates available, and
WHEREAS, the 2004 Bond Package will help build our neighborhoods with projects such as three new fire stations, more residential street lights, installation of pedestrian safety initiatives including 105 new school warning lights, the continuation of Project Dry Basement and further necessary parkland acquisition; now therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBUS:
That we do hereby urge Columbus' voters to join together in passing the 2004 Bond Package so that projects can move forward to better all our neighborhoods.