RESOLUTION SUPPORTING THE 2008 BOND REFERENDA

Whereas, the voters of Arlington County are being asked to authorize general obligation bond issues to finance community infrastructure, Metro, utilities and school construction, and

Whereas, the proposed $10.8 million Community Infrastructure bond will finance needed projects including traffic calming, curbs, gutters, sidewalks, street lights, neighborhood and park restoration and other important investments, and

Whereas, the proposed $10 million Metro bond issue is necessary to finance Arlington County's share of Metro's capital investments in equipment and facilities, and

Whereas, the proposed $50 million utilities bond will fund the next phase of on-going renovations to Arlington's waste water treatment plant, and

Whereas, the proposed $99.4 million school construction bond will fund, among other things, the reconstruction of Yorktown High School as well as planning for Wakefield High School, and

Whereas, these bonds are consistent with the comprehensive 2009-2014 Capital Improvement Plan which the County Board adopted in April that limits Arlington's average annual debt growth to 4.3%, an amount which will preserve Arlington's triple-A Bond ratings, and

Whereas, the Arlington County
Board and the Arlington School Board
unanimously support the passage of these
November bond
referenda,

Therefore, be it resolved, that on September 3, 2008, the Arlington County Democratic Committee asks the voters of Arlington to vote "YES" on these four bond referenda.