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Councilmember Jack Evans Councilmember David A. Catania Councilmember Kathy Patterson Councilmember Sandy Allen Councilmember Kevin Chavous Councilmember Carol Schwartz Councilmember Sharon Ambrose Councilmember Harold Brazil Councilmember Adrian Fenty Councilmember Phil Mendelson Councilmember Jim Graham Councilmember Vincent Orange A PROPOSED RESOLUTION IN THE COUNCIL OF THE DISTRICT OF COLUMBIA To declare the existence of an emergency with respect to the need to provide emergency economic assistance to businesses suffering economic hardship and losses caused by the events of September 11, 2001, and the closure of Reagan National Airport. BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the "District of Columbia Emergency Economic Assistance Emergency Declaration Resolution of 2001 ".Sec. 2. (a) Reagan National Airport is a vital component of the economy of the District of Columbia. (b) The terrorists attacks on the United States that occurred on September 11, 2001 and the decision by the Federal Aviation Administration to close Reagan National Airport in response thereto have caused economic harm to companies based in the District of Columbia that provide services to travelers coming to or from the District of Columbia through Reagan National Airport.(c) Such companies will continue to suffer economic harm, thereby threatening their longterm viability during the period of time Reagan National Airport remains closed and thereafter due to the impact of the terrorist attacks. (d) Such companies promote and facilitate visitors coming to the District of Columbia, have employees who live in the District of Columbia and pay taxes in the District of Columbia and, accordingly, their continued viability is critical to the future economic health of the District of Columbia. (e) The issuance of direct loans and loan guarantees by the District of Columbia to such companies will help ensure the long-term viability of such companies, preserve the flow of revenues to the District of Columbia government, and protect employee jobs in the District of Columbia until Reagan National Airport is reopened, travel is normalized, and the flow of visitors to the District of Columbia is re-established. Sec. 3. The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the District of Columbia Emergency Economic Assistance Emergency Act of 2001 be adopted after a single reading. Sec. 4. This resolution shall take effect immediately. |
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