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HomeMy WebLinkAboutResolution No. 2005-013 Encouraging Legislation to Increase Funding for I-494 Imp RESOLUTION 2005-13 A, RESOLUTION ENCOURAGING LEGISLATION ow e TO INCREASE FUNDING FOR I-494 o CORRIDOR IMPROVEMENTS ,ICOR�clt.�CF9� City Of Edina WHEREAS, the cities of Bloomington, Edina, Eden Prairie, Minnetonka, Plymouth and Richfield have joined together to promote improvement of I-494 from the Minnesota River to I-94 in order to increase road capacity and to improve the productivity and convenience of residents and businesses throughout the region; and WHEREAS, funding for improvements to the I-494 corridor, the Twin Cities metropolitan region and greater Minnesota has not kept pace with growth and demand;and WHEREAS, accelerating the scheduled expansion of I-494 is a common and high priority objective of the I-494 Corridor Coalition communities;and WHEREAS, the I-494 corridor is at overcapacity in many locations; the cost of traffic congestion along the corridor is $100 million per year, and congestion is expected to double in the next 20 years; and, WHEREAS, these costs and the ramifications of congestion are an impediment to business development,economic growth,and reduce the overall quality of life in the metropolitan area, WHEREAS, transportation funding, in inflation adjusted dollars, has declined by more that 25 percent over the past decade, transit is funded at 65 percent of that in similarly sized regions, and planners and government officials estimate that $700 million to $1 billion in improvements per year is needed over the next decade to simply keep up with anticipated congestion, NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF EDINA that this Council supports legislation to decrease congestion and increase the state revenues available for improvements to the I-494 corridor and other metropolitan transportation systems including an increase in the state gas tax, dedication of 100 percent of the Motor Vehicle Sales Tax for transportation purposes, an increase in the license tib fee, a regional sales tax option, mcre sed trunk highway and general fund bonding and increased use of voluntary toll lanes. ADOPTED: the 15th day of February 2005. Attest N4, - Debra A. Mapgen,City(clerk James B. Hovland,Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS CITY OF EDINA ) CERTIFICATE OF CITY CLERK 1, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Edina City Council at its regular meeting of February 15,2005,and as recorded in the Minutes of said regular meeting. WITNESS, my hand and seal of said City this day of ,2005. Llebra A Mangan City riorU City Hall 952-927-8861 4801 WEST 50TH STREET FAX 952-826-0390 EDINA, MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379