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Fresno leaders weigh $100 million 'Pave Now' bond to tackle deteriorating streets
Summary
City staff proposed a $100 million, two-year lease-revenue financing plan to accelerate street repaving and related concrete repairs; council asked for alternative scenarios, more asset-and-affordability detail and a set of recommended streets before final approval.
Fresno city staff proposed a two-year, $100 million program to speed up repaving and related concrete and ADA work across the city, presenting a financing plan based on lease-revenue bonds and a mix of contractor work and in‑house concrete crews.
Assistant City Manager Kelly Santino and Public Works Director Scott Mosier told the City Council that citywide pavement condition has declined from about a 60 (in 2021) to an estimated 55 today and that construction-cost escalation has roughly doubled prior repair estimates. Mosier said preventive treatments such as slurry seals are far cheaper than waiting until a street reaches a failed condition that requires full reconstruction.
The administration’s “Pave Now” plan would split $100 million across two fiscal years (about $51.2M in year one, $48.7M in year two) and mix small public-works self‑performed concrete/ADA repairs with contractor-led…
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