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95-R-03 'w'. "'" RESOLUTION NO. 95-R-03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA, EXPRESSING SUPPORT FOR THE AMERICAN MAGLEV TECHNOLOGY PROJECT AND APPROPRIATION TO THE ORLANDO MAGLEV TECHNOLOGY PROJECT; REPEALING RESOLUTIONS IN CONFLICT HEREWITH AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the provision of quality public transportation is essential to the development and implementation of low cost mass and rapid transportation; and WHEREAS, the City of Edgewater City Council and Volusia County Council have shown their support of American Maglev, Inc.; and WHEREAS, the American Maglev project has the potential to become a new economic and effective mass transportation technology which would benefit communities in Florida and throughout the United States; and WHEREAS, a $97.5 million dollar United States Department of Transportation grant was originally earmarked for the Orlando Maglev demonstration project as designated under the 1991 ISTEA Program; and WHEREAS, the original supporters of the Orlando project have now withdrawn their support for the Orlando project; and WHEREAS, American Maglev Technology, Inc. has demonstrated its interest in pursuing a cost effective system for assembling and installing a Maglev system for the Orlando project. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Edgewater, Florida: Section 1. It is requested that the original $97.5 million dollar United States Department of Transportation grant continue to be allocated and appropriated to the Orlando Maglev project and that American Maglev Technology, Inc. be granted the opportunity to pursue the development and installation of the magnetic levitation application for mass public transportation for the Orlando Maglev project as originally intended. Section 2. All resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. 95-R-03 1 Section 3. This resolution shall take effect immediately upon its adoption. After motion by Councilwoman Martin and second by Councilman Hays, the vote on this resolution was as follows: Mayor Jack H. Hayman, Sr. AYE Councilman Danny K. Hatfield AYE Councilwoman Louise A. Martin AYE Councilman Mike Hays AYE Councilman David L. Mitchum AYE PASSED AND DULY ADOPTED this 6th day of February , 1995 CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA By: Jack H yman, r. May APPROVED FOR FORK AND CORRECTNESS: KAIBta A. Storey City Attorney 95-R-03 2