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City unveils $24.8 billion 10‑year capital plan and proposes a $170 million streets bond
Summary
Acting City Administrator Amy Brown and capital planners presented a 10‑year capital plan that prioritizes earthquake safety, state‑of‑good‑repair work and accessibility; the plan proposes a $170 million streets bond as a near‑term measure and recommends pursuing long‑term revenue such as a local VLF to sustain maintenance.
Acting City Administrator Amy Brown and the capital planning program presented the city’s proposed 10‑year capital expenditure plan, recommending roughly $16.3 billion in City direct investments and $8.5 billion in outside agency funding for a total program of about $24.8 billion covering fiscal years 2012–2021.
Brian Strong, capital planning program director, and Ed Ryskin, Public Works director, outlined priorities: seismic and public‑safety projects, state‑of‑good‑repair…
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