Commending the St. Joseph County Council for its Position on the Utilization of Toll Road Revenues & Supporting that Issue

Home Browse Search

RESOLUTION NO. A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, COMMENDING THE ST. JOSEPH COUNTY COUNCIL FOR ITS POSITION ON THE UTILIZATION OF TOLL ROAD REVENUES AND SUPPORTING THAT POSITION WHEREAS, the principle and interest upon bonds issued by the State of Indiana or its Toll Road Finance Authority in the purpose of financing construction of the Indiana Toll Road or funding the original financing thereof or reimbursing costs incurred in connection therewith have been fully paid and such bonds redeemed; and WHEREAS, pursuant to I.C. 8-15-2-23, the Toll Road Finance Authority of the State of Indiana is authorized to continue to levy and collect tolls on the Indiana Toll Road for an indeterminate period after full payment of such bonds and interest thereupon, and to utilize the proceeds thereof for various specified purposes other than the maintenance and operation of such Toll Road ; and WHEREAS, such purposes include the funding of Toll Road projects in portions of the State of Indiana other than those served by such Indiana Toll Roads ; and WHEREAS, the vast majority of persons utilizing such Indiana Toll Road and paying tolls thereon reside within those counties of Indiana wherein such Toll Road is located ; and WHEREAS, the Common Council of the City of South Bend is of the opinion that the proceeds of tolls paid by users of the Indiana Toll Road should be utilized in those areas of the State wherein the vast majority of such users reside, and that to utilize the proceeds of such tolls in areas of the State other than those in which the vast majority of such users reside would be an unfair and inequitable burden upon such users and an unwarranted benefit to those residents of other areas within the State wherein such proceeds may be applied ; and WHEREAS, on January 7 , 1986 , the St. Joseph County Council passed Resolution No. RO1-86 requesting that the Indiana Toll Road Authority utilize proceeds from the collection of tolls on the Indiana Toll Road for the maintenance and operation of such Toll Road or for the maintenance, operation or construction of other public highways within those counties of the State of Indiana wherein such Toll Road is located and further requesting that the Indiana General Assembly adopt legislation prohibiting the Toll Road Finance Authority from utilizing the proceeds of the tolls collected on the Indiana Toll Road for any other purpose. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend , Indiana, as follows : Section I . The St. Joseph County Council is hereby commended for its leadership and foresight in adopting Resolution No. RO1-86 concerning the utilization of tolls collected on the Indiana Toll Road by the Indiana Toll Road Finance Authority. Section II. The Common Council of the City of South Bend hereby joins the St. Joseph County Commissioners in requesting that the Indiana Toll Road Finance Authority utilize proceeds from the collection of tolls on the Indiana Toll Road for no purpose other than: a. The operation and maintenance of such Toll Road ;