HomeMy WebLinkAbout76-392 07-27-1976RESOLUTION NO. 392
WHEREAS, the Legislature of the State of Texas did create the
Texas Turnpike Authority and authorize the construction of a toll -
way connecting the Cities of Fort Worth and Dallas, now known as
"The Fort Worth - Dallas Turnpike," and
WHEREAS, the citizens of Tarrant and Dallas Counties were
told and assured that the turnpike tolls would be discontinued
when the revenue received was sufficient to pay all revenue bonds
issued for the construction of the tollroad, and
WHEREAS, the citizens of the City of Euless by the payment of
tolls have contributed measurably to the payment of such revenue
obligations, and
WHEREAS, the revenue derived from turnpike tolls has been
sufficient to make early retirement of the revenue bonds, thereby
permitting the turnpike to become a freeway, but the Texas Turn-
pike Authority has resisted final payment of the revenue bonds and
has continued to devise plans resulting in the expenditure of
funds for additional improvements with the result that the tolls
will continue indefinitely, and
WHEREAS, the Euless City Council, speaking for and on behalf
of its citizens, has resolved to inform the Texas Turnpike Authority
of its total and absolute opposition to the continuance of turnpike
tolls.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEXAS, in its regular meeting duly assembled this 27th
day of July, 1976, that the Texas Turnpike Authority be advised and
informed of its absolute and firm opposition to the expenditure of
funds for additional improvements and the conduct of "so- called"
feasibility studies which are obviously designed to perpetuate the
Texas Turnpike Authority in violation of its initial commitment to
remove the tolls and make the turnpike a freeway when the revenue
was sufficient to pay the revenue bonds.
ADOPTED, this 27th day of July, 1976.
APPROVED:
Mayor
A' TEST:
City Secretary
ITEM I
Council Minutes
July 27, 1976