HomeMy WebLinkAboutMINUTES - 02271996 - C3 TO BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: February 27, 1996
SUBJECT: Support the Seismic Retrofit Bond Act of 1996.
SPECIFIC REQUESTS) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
I. Recommended Action:
SUPPORT the passage of the Seismic Retrofit Bond Act of 1996.
II. Financial Impact:
None to General Funds.
III. Reasons for Recommendations and Background:
The Seismic Retrofit Bond Act of 1996, if passed, will provide $2 billion in General Obligation
bonds to fund the seismic retrofit of State highway bridges. Of the '$2 billion, $650 million is
earmarked for retrofit work on seven toll bridges in the State including five toll bridges in the San
Francisco Bay Area. (The Dumbarton Bridge does not require any retrofit work).
The State has accelerated its bridge seismic retrofit program since the 1989 Loma Prieta
earthquake. This is part of the reason that no new projects were added to the State
Transportation Improvement Program since 1991. It now appears that in order to meet the
deadline for completion of the retrofit program, new financing resources will be needed. The
legislature, in the 1995 Budget Act, placed this $2 billion bond measure on the ballot to generate
immediately$2 billion for the program so that it will meet the legislative deadline. Repayment of
this bond could erode the State's ability to finance the State Transportation Program in the future.
Recent news stories regarding the escalating cost estimates for the Bay Bridge make it even more
imperative that this proposition succeed.
Continued on Attachment: X SIGNATURE:
_RECOMMENDATION OF COUNTY ADMINISTRATOR
_RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON 02/27/1996 APPROVED AS RECOMMENDED OTHER_
VOTE OF SUPERVISORS
X UNANIMOUS(ABSENT )
AYES: NOES:
ABSENT: ABSTAIN:
LT:eh
g:\transeng\It\bo27Seis.t2 I hereby certify that this is a true and correct copy 0f
an action taken and entered on the minutes of the
Board of Supervisors on the dae'�g"ho
Orig. Div: Public Works(TE) ATTESTED:- FEBRUARY / , N6
Contact: Lowell Tunison,Tel.313-2382 PHIL BATCHELOR,Clerk of the Board
cc: Caltrans Dist.4 of Supervisors and County Administrator
CCTA t
County Legislative Delegation By .Deputy
MTC
r •
r 'Support the Seismic Retrofit Bond Act of 1996.
February 27, 1996
Page 2
III. Reasons for Recommendations and Background: (Continued)
Recent history shows that retrofitting the bridges is significantly cheaper than repairing the
structures after a major earthquake.
IV. Consequences of Negative Action
None.