The URL can be used to link to this page

Home My WebLink AboutMINUTES - 03281995 - S.7 4''P-R-22-1995 05:19 SUPERVISOR TORLAKSON 5104275142 P.01/02 r, Contra TO: BOARD OF SUPERVISORS ' Costa County FROM: Supervisor Tom Torlakson r DATE: March 28, 1995 SUBJECT: ADOPT RESOLUTION IN SUPPORT OF ASSEMBLY BILL 1019 SPECIFIC REQUEST(S)OR RECOMMENDAIlON(S)&BACKGROUND AND JUSTIFICATION. RECQMAMNDED ACTION: Adopt the attached resolution in support of Assembly Bill 1019, as proposed by Assemblyman Richard Rainey. BACKG►ROM INFORMATION: Contra Costa County, along with the Cities of Antioch and Brentwood, has entered into a Joint Powers Agency in order to design and construct the State Route 4 Bypass in East Contra Costa. In addition,the County has imposed regional building permit fees for new construction to provide a portion of the funding for this key regional route. However, funds derived from building permits will not be sufficient to cover the total cost of the project. Assembly Hill 1019 will allow counties and cities to enter into joint exercise of powers authorities that will allow the construction, management, and operation of toll road facilties, thereby providing an additional funding source. CONTINWED ON ATTACHMENT: YES SIGNATURE: /ryy-L, RECOMMENDATION OF COUNTY ADMINISTRATOR _RECOMMENDATION OF BOARD COMMITTEE APPROVE _OTHJ SIGNATURE(S) _ ACTION OF BOARD ON_ March 28 , 1995 APPROVED AS RECOW-%MDED OTHER IT IS BY THE BOARD ORDERED that the above resolution is REFERRED to the Transportation Committee for report to the Board of Supervisors in April , 1995 . VOTE Or.SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: 1 NOES: "i AND ENTERED ON THE MINITrES OF THE BOARD ABSENT; ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. ATTESTED March 28 , 1995 PM BATCHELOR,CI Ell K OF TIE-BOARD OF _ BUP RS OOUNIY ADMINIS'T'RATOR cc : Transportation Committee 0 .DEPUTY BY IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA y IN THE MATTER OF RESOLUTION NO. ASSEMBLY BILL 1019 AS INTRODUCED BY ASSEMBLYMAN RICHARD RAINEY WHEREAS, Contra Costs Canty, along with the Cities of Antioch and Brentwood, has entered into a joint powers sgeney which is responsible for the State Roots 4 Bypass Project is Eastern Contra Costs County; WHEREAS, State Route 4 is a key regional transportation facility far the Bay Area sod particularly to Eastern Contra Costa County, sod its improvemset is essential for the eentinned aconemis vitality of the ares; WHEREAS, the four sgeaciss of Esstere Contra Costa have entered into Joint Exercise of Powers Agreement which alis for the impesitiss of a fee en building permits to raise revenue for improvemash to the regional trasspertetion system, but that source is not sdffioisot to beet all the needs; WHEREAS, the State of California his base seriously censtroised in revenues dedicated to roadway improvements, and the opportunities for additional fuading to add to transportation capacity in areas experiencing growth is vary blesk; sod WHEREAS, the State Route 4 Bypsss Authority, of whioh the County is a partner, posted a resolution on February 9, 1995 supporting legislative efforts that allow the establishment of a regional partasrship with local counties sad cities to finance and build transportation facilities. NOW, THEREFORE, BE IT RESOLVED that the Conety of Contra Costo joint the State Route 4 Bypass Authority in support of legislative efforts which will allow counties and cities to form partnerships to finance and building transportation facilities; BE IT FURTHER RESOLVED THAT Coatro Ceuta County supports the isvestigaticn of 411 olterostives for the generation of revenue for the State Route 4 Bypass project, including a regional as tax sod public toll authorities with membership of cities sod aeusties in the affected seem, at outliaed in AB 1019; BE IT FURTHER RESOLVED THAT the State of California should not constrain but sbould encourage the efforts of the region of coy of its agencies in identifying and Implemanting alternative means to heonoe and soostruct needed regional troosportatico facilities; sod BE IT FURTHER RESOLVED THAT staff is directed to work with local legislators to convey the needs of Contra Costs County sod its member agencies in implamenting legislation to solve the funding seefi for the regional transportation system. PASSED by unanimous vote of the Board members pretest as the 28th day of March, 1995. I hereby certify that the forsgaiag is a tide sed correct copy of as Resolution entered sato the minutes of the Board of Supervison on the date sfaressid. Witosss my Hand and$eal of the Beard of Supervisors affixed an this 28th day of Marsh, 1995. PHIL BATCHELOR, Canty Admiolstrater and Clerk of the Board of Supervisors By: Deputy Introduced by: Supervisor Tom Torlskson, District Five TOTHL F.0-7' Date: REQUEST TO SPEAK FORM (Two [21 Minute Limit) 0 Complete this form and place it in the box near the speakers' rostrum before addressing the Board. Name: ha Sc,��4 le Phone: Address: q 8S City: Co h co t-d I am speaking for: ❑ Myself OR IRr-O rganization: &rCe-v1 be ff- NAME OF ORGANIZATION CHECK ONE: ❑ I wish to speak on Agenda Item # • My comments will be: ❑ General ❑ For I,Against r�I wish to speak on the subject of: aA 61®l l e-z') � �°rl��'�S �` V-e s`' ❑ I do not wish to speak but leave these comments for the Board to consider: Date ?,.�'''A\) REQUEST TO SPEAK FORM (Two [2] Minute Limit) Complete this for andplace it i the box near the speakers' rostrum before addressing the Board. Name: c._ :7.��A Phone: Address: City: I am speaking for: Myself OR ElOrganization: NAME OF ORGANIZATION -X C ECK ONE: I wish to speak on Agenda Item # My comments will be: ❑ General ❑ For ❑ Against ❑ I wish to speak on the subject of: ❑ I do not wish to speak but leave these comments for the Board to consider: PEOPLE FOR OPEN SPACE March 27, 1995 Re: AB1019 (Rainey) - Oppose Supervisor Jim Rogers 100 37th Richmond, CA 94805 Dear Supervisor Rogers: Assembly Bill 1019 (Rainey) is an attempt to resurrect the Mid-State Toll Road, which has been roundly rejected by twenty-one public agencies, including Contra Costa County. It is a bad deal for the County, because it places the County at great financial risk while at the same time enriching a private toll road consortium (The California Toll Road Company), which includes the Bank of Paris and Westpac Banking Corporation of Australia. AB 1019 should be opposed for the following reasons: • Public funds could be used to underwrite the speculative profits of a private company AB 1019 allows the creation of a Joint Powers Authority within the existing franchise zone controlled by the California Toll Road Company (CIRC). Therefore, the JPA is nothing more than a thinly veiled funding mechanism for the toll road company. Since the company has a contract to build all roads within the zone (see map), it would hold all the cards in negotiations with the JPA. . The toll road company could demand pay for past work, compensation for potential unrealized future profits, and an exclusive road construction contract. & Local jurisdictions would assume the financial risk - not the toll road company This legislation appears designed to protect the Toll Road Company from all risks, while giving it access to the public purse. The risks of financing a potential facility would be assumed by the Joint Powers Authority, not the toll road company, while the State of California would continue to provide liability coverage. By issuing bonds, a Joint Powers Authority would be speculating on whether enough traffic and development could be generated to recoup the investment. 9 County bond ratings would be put at risk In light of the recent Orange County bond fiasco, does it make sense for a Joint Power Authority to put local governments' bond ratings at risk by funding speculative toll road projects? Price Waterhouse has described such projects as "likely to face significantly greater business, financial, and policy risks than entities that have traditionally been regulated on a cost-of-service basis, such as electric, water, and gas utilities." (Price Waterhouse letter to Carl Williams, September 4, 1990). Previous estimates have put a price tag on the toll road of two to eight billion dollars. Even if only a part of it is built, can Contra Costa County handle a default on a billion dollar bond issue? MAIN OFFICE * 116 New Montgomery Suite 640, San Francisco CA 94105 ♦ (415)543-4291 SOUTH BAY OFFICE * 1922 The Alameda Suite 213, San Jose CA 95126 ♦ (408)983-0539 1 CIO 19419W- AB 1019 - Page 2 • The bill encourages costly sprawl throughout eastern Contra Costa County This bill would encourage the worst type of planning by providing an incentive for each jurisdiction along the proposed toll road to maximize development in order to increase toll revenue. The results are predictable: increased air pollution, increased traffic congestion and a lowered quality of life. • N built, the tollroad,will create gridlock on Highway 4 Building out eastern Contra Costa County to pay for a toll road would cause traffic to far exceed the capacity of Highway 4 -even if there were sufficient funds to widen Highway 4, which there are not. Two years ago Contra Costa County passed a resolution in opposition to the toll road because it was a bad idea. The current proposal is for the same road with different window dressing. If the bill is passed, local jurisdictions will assume all the risk while the private toll road company is guaranteed the profits, whether or not a road is built. Please vote to protect the public interest and oppose AB 1019. Since y, Laurie Schuyler