Background on the Streets BondThe $248 million Road Repaving and Street Safety Bond was approved by an
overwhelming majority of San Francisco voters in November 2011 for capital improvements that ensure a safe, accessible and well-maintained public right-of-way. Out of concern for the City’s streets and the erosion of traditional sources of funding for them, a Street Resurfacing Financing Working Group was formed in 2010 at the request of the mayor and the president of the Board of Supervisors. Its objective was to prepare a specific set of proposals and recommendations for the mayor, the Board of Supervisors, and the City's Capital Planning Committee for financing the repaving and reconstruction of public streets and right-of-way. View that working group's recommendations here. In May 2011, the Board of Supervisors passed a resolution declaring the public interest and need for a bond measure to make road repairs and other pedestrian- and bicycle-safety improvements. A three-year $248 million bond measure was brought before voters in November 2011 and was subsequently approved with more than two out of three San Francisco's voters in favor of investing in road repaving and street-safety improvements. |