Colorado State Archives
Executive Orders from the Administration of Governor Bill Owens 1999-2005
Tuesday, June 1, 1999
|CONTACT: Dick Wadhams
Amy Jewett Sampson
DENVER - Governor Bill Owens will sign legislation tomorrow, Wednesday, June 2, at 9:00 AM at the United Artists Theater balcony overlooking I-25 and Colorado Boulevard in Denver, which asks Colorado voters to approve accelerated funding of statewide highway construction without increasing taxes.
Owens will formally sign House Bill 1325 which places Transportation Revenue Anticipation Notes or TRANS on the November 2, 1999 ballot. TRANS will allow the state to immediately increase funding for state highway construction projects by bonding against future federal gas tax receipts.
TRANS will accelerate construction of 28 strategic projects across Colorado including Interstate 25 along the southeast corridor in metropolitan Denver; Interstate 70 from Denver to Eagle County; U.S. Highway 50 from Grand Junction to Delta; the I-25 and Highway 50 interchange in Pueblo; Powers Boulevard in Colorado Springs; U.S. Highway 34 from I-25 to Highway 85 in Larimer and Weld Counties; Highway 550 and Highway 160 in La Plata County; U.S. Highway 287 from Lincoln to Prowers Counties in eastern Colorado; and 20 other projects across the state.
Owens will sign the TRANS bill and also the transportation budget bill which provides $900 million for FY 2000 for construction and maintenance of state highways:
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