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Infrastructure Bond Measures Head To The November Ballot
REDWOOD CITY, CA - July 1, 2006 Proposition 1B Transportation (SB
1266)
The Transportation bond allocates funds as follows:
Congestion Relief: $4.5 billion to expand
capacity, enhance operations and improve travel times in high
congestion travel corridors.
Public Transit: $4 billion for public transit,
intercity and commuter rail, and waterborne transit operations.
Sea, Land and Airport Infrastructure: $3.1
billion to relieve traffic congestion along major trade corridors,
improve freight rail facilities and enhance the movement of
goods from port to marketplace.
State Transportation Improvement Program (STIP):
$2 billion to augment funds for STIP, a five-year capital
improvement program for state and regional transportation
projects.
Route 99: $1 billion for improvements to
this 400-mile highway through the Central Valley.
Local Streets and Roads: $2 billion for
improvements to local transportation facilities that will
repair and rehabilitate local streets and roads, reduce local
traffic congestion, improve traffic flow or increase traffic
safety.
Transit Safety, Security and Disaster Response:
$1 billion to provide increased protection against security
and safety threats. Funds will also increase the capacity
of transit operations to move people, goods, emergency personnel
and equipment during and after a disaster.
Matching Funds For Counties: $1 billion
for counties that have raised local money for transportation
projects.
Highways: $750 million for highway safety,
rehabilitation and pavement preservation projects.
School Bus Retrofit and Replacement: $200
million to reduce air pollution and to minimize children¹s
exposure to diesel exhaust.
Matching Funds For Seismic Safety: $125
million to complete seismic retrofits on local bridges, ramps
and overpasses.
Railroad Infrastructure: $250 million for
railroad crossings and the construction of bridges over rail
lines.
Proposition 1C Housing (SB 1689)
The bond will provide funding for financial assistance to
first time homebuyer, incentives to build affordable rental
housing, construction of temporary and permanent homeless
shelters and helping urban communities develop vacant parcels.
Proposition 1D Education (AB 127)
A $7.3 billion bond allocation for K-12 Education.
Proposition 1E Levees/Flood Control (AB 140)
It includes $3 billion for evaluating, repairing and replacing
levees and flood control infrastructure in the Central Valley
and the Sacramento-San Joaquin Delta.
The Delta is made up of more than 1,100 miles of levees and
is the source of drinking water for two-thirds of California's
population, as well as irrigation water for millions of acres
of crops. The Delta also offers vital flood protection for
the California Central Valley flood plains.
The bond funds will leverage federal and local monies to
pay for flood prevention projects and improve disaster preparedness.
In addition to the above, voters will be asked to approve
Proposition 1A a Constitutional Amendment which protects Prop
42, which guarantees funds from the Gas Tax go to improve
the states highways. The Redwood City-San Mateo County Chamber
of Commerce Board of Directors voted
to support Proposition 1A.
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