HomeMy WebLinkAbout1992-10-13 - AGENDA REPORTS - RESO FOR PROPOSITION 156 (2)AGENDA REPORT
City Manager Appro
Item to be presented
• 51111 .- �1I M-1
DATE: October 13, 1992
SUBJECT: RESOLUTION OF SUPPORT FOR PROPOSITION 156 ON THE
NOVEMBER 1992 BALLOT
Resolution No. 92- 196
DEPARTMENT: Public Works
BACKGROUND
In 1989, the State legislature passed legislation to provide funding for transportation
infrastructure throughout the state. A part of this legislative package was a plan to place
three $1 billion bond issues on the State ballot. The first was placed on the ballot in June
1991 as Proposition 108 and was successful. The second bond issue will appear as
Proposition 156 on the November 1992 ballot.
Proposition 156 will fund a variety of light, heavy, commuter and intercity rail projects
throughout the state. Without the 1990 bonds, Metrolink commuter rail service would not be
starting later this month. Further improvements to Metrolink could be funded with the new
1992 bonds. Improvements to the San Diegan and San Joaquin intercity corridors, both of .
which are being considered for extension to serve Santa Clarita, can also be funded from
Proposition 156 bonds. Although local bus transit will not directly benefit from Proposition
156, the availability of funding for rail capital projects through. these bonds does indirectly
free up more funds for bus transit.
Pass Resolution No. 92196in support of Proposition 156 that appears on the California ballot
in November 1992 and authorizes the sale of $1 billion in bonds for rail passenger capital
improvements.
ATTACHMENT
Resolution No. 92-196. .
RK:gmm
bond.agn
Adopted:
Agenda Item:
RESOLUTION NO. 92-196
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA CLARITA, CALIFORNIA
SUPPORTING THE PASSAGE OF PROPOSITION 156
APPEARING ON THE STATE BALLOT NOVEMBER 3, 1992
WHEREAS, the State legislature placed three bond issues to fund rail
improvements; one each to appear in June 1990, November 1992, and.November 1994; and
WHEREAS, the June 1990 bond issue was passed by the electorate and enabled
the expeditious opening of the Metrolink Commuter Rail Service to Santa Clarita and other
communities; and
WHEREAS, the November 1992 bond issue will appear on the ballot as
Proposition 156; and
WHEREAS, further improvements to Metrolink can be funded with these new
bonds; and
WHEREAS, improvements to the San Diegan and San Joaquin intercity rail
corridors, both of which may be extended to serve Santa Clarita in the near future, could be
funded with these bonds; and
WHEREAS, the existence of these funds for rail capital improvements frees up
other funds for bus transit improvements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Santa Clarita to support the passage of Proposition 156.
ATTEST:
PASSED, APPROVED AND ADOPTED THIS day of
, 1992.
CITY CLERK
MAYOR
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City
Council of the City of Santa Clarity at a regular meeting thereof, held on the day of
, 1992 by the following vote of Council:
AYES: COUNCILMEM 3ERS
NOES: COUNCILMEM 3ERS
ABSENT: COUNCILMEM 3ERS
CITY CLERK