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Item 4G AudioHonorable Mayor and members of the City Council. Item 4G is a request to approve Resolution No. 09-001 expressing support for Rail North Texas. 1 This resolution is aligned with the Strategic Objectives of Provide travel convenience within city and region as well as Collaborate with select partners to implement service solutions. 2 •Dallas-Fort Worth is growing!And Not only will there be an increase in the number of people and jobs but, as a result, there will be the potential for greater traffic congestion.With the support of local elected officials, business leaders, and the public through the Regional Transportation Council, a regional rail system called Rail North Texas can be realized.This multi-year effort has identified 251 miles of additional rail lines that would reach across seven different counties in North Central Texas.A major challenge to implementation of the rail plan is funding.Elected officials, planners, and the public have developed a funding proposal that will go to the legislature in during the 81Texas legislative session. It is the aspiration of all those involved that Rail North st Texas will soon provide a more connected way of living for the North Texas region. 3 The legislative proposal that you are being asked to support asks the legislature to create a limited transportation funding authority, or TFA. The primary focus of the TFA will be to finance the design, construction, operations, and maintenance of passenger rail. Roadway improvements will be considered on a supplemental basis and to create equity for municipalities that are members of an existing transportation authority. The TFA will convene as the Regional Transportation council and will initiate special meetings at least once a quarter to hear public comments on projects, taxes, or fees. The TFA will not issue debt. Any necessary debt will be issued by transportation authorities and transportation providers. It is important to note that participation in the TFA is decided on a county basis by election. Once Counties elect to participate they can opt out, and identified projects are decided on by voter approval and are fixed in nature with no reallocation of funds possible. 4 Funding for this initiative will not be derived from additional sales tax. Instead the Transportation Funding Authority would use revenue generated from fees and taxes in a particular county to fund mobility needs in that county. The TFA may levy the following fees and taxes if approved by voters at an election on a date authorized by statute: •A vehicle registration fee, not to exceed $150 per vehicle per year •A motor fuels excise tax, not to exceed $0.10 per gallon •A mileage fee, not to exceed $0.01 per vehicle mile driven •A property tax, not to exceed $0.05 per $100 appraised value •A driver’s license fee, not to exceed $50 •New resident vehicle registration fee, not to exceed $250 5 Through this initiative the Regional Transportation Council is seeking the authority to create a transportation funding area made up of existing entities that will select projects with city and county coordination. They are also seeking to call an election to levee fees or taxes from a menu of authorized options. These fees and taxes will be unique to each county allowing the local elected officials to select the best revenue options for their communities. Once revenue is generated, it will be placed in an account dedicated to each county and distributed to transportation partners such as Dallas Area Rapid Transit, Denton County Transportation Authority, and the Fort Worth Transportation Authority to construct and operate transportation projects. The revenue raised will be primarily focused on building 251 miles of additional rail for a seamless passenger rail system, but other transportation improvements may be selected to level the playing field for current transit authority member cities. 6 •If you have any questions regarding this request please feel free to call Ben Thatcher. Thank you. 7