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BARBARA R�xF� co�i,LiiT-rr.r_s: <br /> G�I If'C c'c��1�lERCE.SCI[NC[. <br /> 6.1.H. - Page 3 ,`v f�.�SPOftTRT�oN <br /> F\VIRONM[NT <br /> �lnited �tate,� �en�te :��U PUBLIC l{rORKS <br /> PORFIGN RELA"fIONS <br /> HART SEnAT�dFFICE BUIL�II�G <br /> SUITE 112 <br /> WASHINGTON. DC 2051d-0505 <br /> �202)224-3553 <br /> http://boxer.senate.gov <br /> April 5, 2Q 13 <br /> ������� <br /> Mr. Bob Bell, City Manager ,�.,� <br /> Red��vood City �.`�'� � -' � <br /> 1017 Middlefield Rd <br /> Redi�vood City, California 94063-1993 C�yMANAGER�OF�� <br /> c���t oF�rn <br /> �t�nan e�Tv <br /> L1ear iVlr. Bell: <br /> In recent ��eeks, a number of California local officials have contacted tne to express conce�-ns <br /> about proposals to shift the federal government's fiscal burdens to states and cities by capping or <br /> eliminating the tax-e�empt status of inunicipal bonds. <br /> I want you to kno�ir that I shace these concerns. That is �vhy T recently joined a group of <br /> Senators in writing to President Obama to share our vieu� that capping or eliminating the municipal <br /> bond tax eaemption �vould jeopardi:ze important se�vices provided by local governments, including <br /> ut�lities a�id public satety. Also at risk are key infi•astructure projects such as road, airport, port, <br /> �"1011Slllg, and hospital construction and maintenance. <br /> As Congress continues to address the federal deficit in a balanced and responsible way, be <br /> �ssured that I «�ill keep fighting to defend the tax-exempt staius of municipal bonds - and �vith it, the <br /> ability of California's cities and counties to invest in essential services and infrastructure. <br /> Sir�cet•eEy, <br /> Barbara Boxer <br /> United 5tates Senator <br /> BB:ajb <br /> 1700`40\TGOMERY STE?EET 312 NOH I H SPRING 57H[L7 501 'I'STRE[T 25U0 7Ul.ARE STREET G00 B STREET 340�10�h STREET <br /> SUff�240 SUfFE 1748 SUITE 7-600 SU[TE 5290 SU]TF 2240 SUIT[704 <br /> SAN FRANCISCD.Cr\ 94111 LOS A�G�LGS.CA 90012 SACRAh7ENT0.CA 95814 E'R�SfvO.CA 93721 SAtV DiEGO.CA 921U1 RNERSIDE,CA 92501 <br /> {415}403-0100 �213y 899-5000 S91G)44$-2787 (559�497-5109 {619y 239-3884 (9511 G8�-4SR4 <br /> PR]NTED ON RECYCLED PAPER <br />