RESOLUTION Organization Name, City, State Resolution supporting the establishment of Regional Infrastructure Improvement Zones (RIIZs) into federal tax law to assist in addressing the nationwide infrastructure funding shortfall felt at all levels of government. WHEREAS, the infrastructure inadequacies plaguing our communities – crumbling bridges, aging highways, rail, ports, and mass transit, and deteriorating water and sewer systems – are in dire need of maintenance and improvement; and WHEREAS, the American Society of Civil Engineers estimates the national infrastructure needs more than $2.2 trillion dollars over the next five years to maintain its current status; and WHEREAS, in the State of enter State name and include infrastructure/population/economy fact or statistic; and WHEREAS, in 2005, states and localities accounted for 75 percent of total infrastructure spending; and WHEREAS, federal, state and local budgets are under constraints and cuts; and WHEREAS, RIIZs provide an innovative opportunity to allow regional and local solutions to infrastructure funding challenges by encouraging private-sector investment through a favorable tax treatment of funds and streamlined, established approval processes; and WHEREAS, RIIZs further defines a commitment to upgrading our infrastructure nationwide, while protecting our environment, boosting the economy and creating jobs; and WHEREAS, RIIZs uphold proven regional and local infrastructure investment decision-making processes by going through the local regional planning organization, and maintaining consistency, transparency and accountability, tying infrastructure investments closely to a region’s approved plans, the local community’s needs and the overall public good; and WHEREAS, regional planning organizations and our governing boards of appointed and local elected officials are knowledgeable about infrastructure issues, and have expertise in regional infrastructure financing, planning and development, and implementing new strategies to determine appropriate infrastructure investments; and WHEREAS, local governments own and operate the majority of our nation’s infrastructure and the local elected officials are closest to the people, being accountable and responsive to the needs of communities; and WHEREAS, RIIZs offer new options to fund infrastructure improvements and construction – urban, suburban and rural – that are shelf-ready, many of which are critical to preserving, maintaining and making our system safer; and WHEREAS, RIIZs are a revenue positive for government by providing the private entity only the marginal tax rate on investments made, Now, therefore, BE IT RESOLVED BY THE ORGANIZATION NAME, CITY, STATE THAT: The Governing Board hereby adopts this Resolution as policy of the Organization Name and its member local governments effective Month, Day, Year. PASSED, APPROVED, AND ADOPTED this Nth day of Month, 20xx. (PRESIDING OFFICER OF CITY, STATE) ATTEST: _________________