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2008-012CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO, 2008-012 A RESOLUTION SUPPORTING A STABLE, DEDICATED FUNDING SOURCE FOR TRANSIT CAPITAL AND OPERATIONS INCLUDING THE SOUTHWEST TRANSITWAY WHEREAS, transportation infrastructure farms the backbone of the State's economy as well as its quality of life, and has a direct impact on economic development; and WHEREAS, a well designed and functional transportation system with multiple mode choices is essential to maintaining long-term mobility throughout the metropolitan region; and WHEREAS, the Metropolitan Council's long-range transportation plan identifies a future fixed transitway corridor in the Southwest Metro Area through the cities of Minneapolis, St. Louis Park, Hopkins, Minnetonka, and Eden Prairie; and WHEREAS, the Southwest Metro Area has experienced unprecedented population and employment growth over the last 20 years resulting in increasing congestion; and, WHEREAS, a Light Rail Transit (LRT) line serving the cities of Minneapolis, St. Louis Park, Hopkins, Minnetonka, and Eden Prairie will improve mobility and will help maintain a competitive business environment and high quality of life for the entire Southwest Metro Area; and WHEREAS, a stable and dedicated source of funding for transit capital and operations improves a project's competitiveness in the Federal Transit Administration's New Starts program; and, WHEREAS, the Hennepin County Regional Railroad Authority intends to compete for Federal Transit Administration New Starts funding, which should account for at least fifty percent of the capital costs, for the Southwest LRT line; and, WHEREAS, the Twin Cities region does not have a stable and dedicated funding source for transit capital and operations including for the Southwest LRT line; and, NOW, THEREFORE, BE IT RESOLVED that the Hopkins City Council supports the creation of a stable and dedicated funding source for transit capital and operations including the Southwest LRT line. _ ,gig,.:-, ,:..c.~e:t ~,~,~~ .L.-~.z..~r4...A.~'ks:,~~.i~'3`bn's'°~~:.4..~'~;..*:@t~.i~cc~ai;+.L"~~= '...i.us•~~-">.t t-;~i-<<_ ire=e ..r,x.a ;_ _~_._ ~,_ .•_ - ___ -- _ _~-_ ., ., ~ ~ .. ,._ ~-- ..r .. ._ ,a_._. ~_,. ~, Y.~~~, ..~ ~.;..,a+,._ ,~, a, ADOPTED by the City Council of the City of Hopkins, Minnesota, this 4th Day of February, 2008. ~~ Eug e J axwell, Mayor ATT,,,~ST: a.. N ' _---- ~ . ~~ ,, Terry Ober , ier, City Clerk ,.~dw,~aa+t;a~- '~-~ `~i"si€.9h~na$ssb;i~...vz tom. i:.*.i,-N...~-rw:ss:..+, ~..n,...,u x-.i.T~.w';.t«s,e;....~.,i ~r . ~ <.. <,.:.,~.r ,. ~U.:= £. ,. .. , .r.. .. . .-.. _ ,.~ . . ~. ., - -, .-~ ...~. :1~,:,.t=zu~°..,,.:~k'ubt.:a.,:,m....,.....,.. ,Y.~~.,