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HomeMy WebLinkAboutMINUTES - 04101990 - 1.46 TO: BOARD OF SUPERVISORS SE L Contra CostaFROM: Phil Batchelor, County Administrator :i.. County 9•�w. 4�C DATE: April 5, 1990 7�! V:.- '9 COUN'�•1 PROPOSITION 108, the Passenger Rail and Clean Air SUBJECT: Bond Act of 1990. SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMENDATION Adopt a position in SUPPORT of Proposition 108 on the June 5, 1990 ballot which would provide $1 billion in State General Obligation Bonds to acquire rights-of-way, capital expenditures and acquisition of rolling stock for intercity rail, commuter rail and urban rail transit. BACKGROUND: Proposition 108 began as AB 973 (Costa) which was enacted into law as Chapter 108, Statutes of 1989 . AB 973 approves three separate bond measures. A $1 billion bond measure appears on the June 5, 1990 ballot as Proposition 108. An addition $1 billion bond issue will appear on the November 3 , 1992 ballot and a third $1 billion bond issue will appear on the November 8 , 1994 ballot. Together these three bond issues total $3 billion. Proposition 108 bonds cannot be issued unless Proposition 111 is also approved by the voters on June 5 , 1990. Proposition 108 specifies that the proceeds of the bonds can be used only for acquisition of rights-of-way, capital expenditures and acquisition of rolling stock for intercity rail, commuter rail and urban rail transit and for capital improvements which directly support rail transportation, including exclusive busways which are converted within 10 years after completion of construction into rail lines, grade separations to enhance rail passenger service and multimodal terminals. CONTINUED ON ATTACHMENT: ye�rsYES SIGNATURE: �. RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE L` APPROVE OTHER SIGNATURE(S): X, ACTION OF BOARD ON April 10 , 1990 APPROVED AS RECOMMENDED OTHER The Board approved the recommendation set forth above. Later in the day Supervisor McPeak advised that she had some reservations with supporting Proposition 108 and would like some additional time to review this measure further. She recommended that the Board' s previous action be rescinded and that the Board determine to remain neutral. Board members being in agreement, IT IS SO ORDERED. VOTE OF SUPERVISORS X _ _ I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES- NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. CC: ATTESTED April 10, 1990 Please see Page 2 . PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR M382 (10/88) BY �- "" `2` DEPUTY ,I The proceeds of the bonds can be used only for specified routes and corridors. Those which directly could affect Contra Costa County include the following: * Los Angeles-Fresno-San Francisco Bay Area and Sacramento. * San Francisco Bay Area-Sacramento-Auburn. * San Francisco-Eureka. * BART, including the Concord-East Antioch extension and a possible Richmond-Crockett extension. * Pleasanton-Concord At least 150 of the money in the fund must be used for intercity rail purposes and must be equitably expended on intercity rail corridors based on the relative population served by each corridor. The balance of the portion of AB 973 dealing with Proposition 108 provides for administrative procedures for the sale and repayment of the bonds. AB 973 also includes essentially identical provisions for the 1992 and 1994 bond issues. In view of the need for alternatives to automobile travel, specifically rail travel, the need to extend BART to East County and the need to provide a mechanism to finance such alternatives it is recommended that the Board of Supervisors indicate their support for Proposition 108 . cc: Each Board Member County Administrator Larry Naake, Executive Director, CSAC Les Spahnn, SRJ. Jackson, Barish & Assoc. D.J. Smith, D.J. Smith Associates Executive Director, Metropolitan Transportation Commission Public Works Director Community Development Director Executive Director, Contra Costa Transportation Authority