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Regional <br />Council of <br />Mayors <br />Majority Leader Thomas Bakk <br />75 Rev. Dr. Martin Luther King Jr. Blvd. <br />Capitol, Room 226 <br />St. Paul, MN 55155-1606 <br />Speaker Paul Thissen <br />463 State Office Building <br />100 Rev. Dr. Martin Luther King Jr. Blvd. <br />Saint Paul, Minnesota 55155 <br />RE: Proposed regional sales tax for transit <br />Dear Majority Leader Bakk and Speaker'fhissen: <br />Please see the attached list of members of the Regional Council of Mayors who are in support of a sales <br />tax increase to support sustained investment to build out and operate the metropolitan region's transit <br />system as defined by the Governor's Transportation Finance Advisory Committee. <br />The Regional Council of Mayors was formed in 2005 and provides a non-partisan platform focused on <br />building action strategies to raise the region's overall economic competitiveness and quality of life. <br />The Regional Council of Mayors believes that the development of a competitive regional transit system <br />is key to our region's long-term economic competitiveness and vitality. The development of a complete <br />and multi -modal transit system is necessary for all of our communities to provide essential mobility, <br />relieve congestion, attract new investment, and create jobs for all Minnesotans. <br />We represent a diverse set of municipalities from across the region, each with its own character and <br />needs. Across that diversity, we understand that the health and prosperity of our communities is linked <br />to that of the region. By investing in our regional transit infrastructure, the Governor's plan will help <br />maintain our region's economic competitiveness and allow our towns and cities to thrive. Indeed, a <br />recent study by the Itasca Project, an organization led by some of the region's leading CEOs, confirms <br />the importance of investing in transit to the region's economy. It found that building out the region's <br />transit network would create a return on investment of between $6.5 and $13.9 billion, or between <br />7.8% and 20.9%. <br />We believe the Governor's proposal represents an opportunity that our region cannot afford to pass up. <br />We urge you to join us in supporting that proposal to help fund the investments that our region needs <br />to thrive. <br />Cc: Representative Hornstein, Representative Erhardt, Senator Dibble <br />