URBAN ECONOMIC POLICY

TRANSPORTATION AND COMMUNICATIONS

JOBS, EDUCATION
AND THE WORKFORCE


INTERNATIONAL AFFAIRS

HEALTH AND
HUMAN SERVICES

ENERGY AND ENVIRONMENT
Electric Utility Industry Restructuring
Support of Bipartisan Legislation on Brownfields
and Superfund Reform

Support for 'Better America Bonds'
Calling for Community Input in Appropriate Environmental Enforcement Actions
Urban Litter Programs
and the National Summit

Supporting Increased Funding to Combat Invasive Species
A National Call to End Sprawl
In Support of a New Resource Conservation Strategy for the Next Decade

CRIMINAL AND
SOCIAL  JUSTICE

COMMUNITY DEVELOPMENT AND HOUSING

ARTS, CULTURE AND RECREATION

MISCELLANEOUS

USCM HOME

RESOLUTIONS INDEX

ENERGY AND ENVIRONMENT

SUPPORT FOR ‘BETTER AMERICA BONDS’

WHEREAS, The Conference of Mayors has urged the Administration and the Congress to increase the scope of federal partnership commitments to brownfields; and

WHEREAS, recent efforts by mayors on brownfields have also underscored the importance of preserving open space, farmland and forests in the nation’s urbanized and non-urbanized areas; and

WHEREAS, an expanded commitment to the reuse of the many thousands of brownfield sites in communities all across the nation will result in many benefits for citizens in existing neighborhoods and communities as well as for others in developing areas and throughout the nation; and

WHEREAS, mayors have recorded their strong support for policies to help preserve open space, farmlands and forests, particularly where the unnecessary use of these land resources results from the under-utilization of previously-urbanized properties, like brownfields; and

WHEREAS, the nation’s mayors have also called for a broader federal commitment to partner with cities and local governments in rehabilitating and expanding local parks and recreational opportunities and in improving water quality; and

WHEREAS, the Administration has called for a new initiative, called Better America Bonds, that proposes an innovative structure of tax credits to attract private investment in support of local efforts to redevelop brownfields, preserve open spaces, promote parks development and improve water quality; and

WHEREAS, this proposal would make new resources, totaling nearly $10 billion over the next five years, available directly to communities for investments in these priority areas; and

WHEREAS, the Better America Bonds proposal would provide bond funds on a competitive basis to communities for such investments, requiring recipients to repay the principal amount at the end of 15 years with no interest costs; and

WHEREAS, the Administration’s Better America Bond proposal is now pending before the Congress and the tax-writing Committees specifically,

NOW, THEREFORE, BE IT RESOLVED that The U.S. Conference of Mayors urges the Congress to enact the Better America Bonds proposal when it takes action on tax legislation during this Congress; and

BE, IT FURTHER RESOLVED that The U.S. Conference of Mayors urges that the program be funded at the proposed level of $9.5 billion over the next five years.

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