TITLE
Recommendation to request City Manager to revise the allocation of Proposition 1B funds to provide a more equitable distribution of Proposition 1B funds throughout the City.
DISCUSSION
In November 2006, the voters of California approved Proposition 1 B, which authorized the sale of more than $1 billion in bonds for infrastructure improvements, with a portion of the bond proceeds allocated directly to cities for infrastructure repairs.
Long Beach's share of this allocation will amount to $15,425,294, with the first amount released this year to the City totaling $7,947,949.
The proposition was approved by more than 61 percent statewide. In Long Beach, the ballot measure received 66 percent support, with a majority of voters in each council district approving the measure.
Even though voters from throughout the City approved Proposition 1 B, the allocation of money for street repairs is not distributed equally in each district. Districts in which the Redevelopment Agency approved funding for additional street repair work are receiving a smaller allocation of Proposition 1 B funds.
When the Council approved an initial list of projects in December 2007, it was indicated that the list allowed for future allocation modifications if deemed appropriate. The Redevelopment funds are intended to enhance the quality of life in blighted areas. Those areas should not be penalized with fewer infrastructure dollars that were approved by voters throughout the City.
TIMING CONSIDERATIONS
None.
FISCAL IMPACT
None.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
Councilmember Rae Gabelich, Eighth District
Councilmember Tonia Reyes Uranga, Seventh District