Reed: Fort Mac Redevelopment Impacts Entire City

Atlanta Mayor Kasim Reed said the city is making progress on , a project which will have "a tremendous impact on the whole city."

Reed, speaking before the Rotary Club of Buckhead on Monday, said are woking on the redevelopment, and that through the city's connections with the Obama administration, no upfront capital will be required.

He said that as they are developed and pay the U.S. Army along the way.

Reed also called on support for the 1-cent transportation tax in a July 31 referendum, calling it the most most important "initiative in our region for the next 10 years."

In leveraging federal money, the tax will raise $9 billion for the region's transportation system, "$900 million every single year for 10 years," he said.

Reed said the passage of the tax is vital, repeating the supporters' message "there really is no Plan B." The referendum will bring improve the region's transporation for 10 to 30 years, he said.

Reed also cited his administration's accomplishments, including increasing the city's surplus to $94 million; accomplishing pension reform; increasing the number of officers on the police force; and reducing the crime rate. He said the city has fewer than 90 murders last year, the lowest number since the Lyndon Johnson administration.