Wednesday, April 9, 2014 - NEWS RELEASE
San Diego - Today Mayor Kevin L. Faulconer announced the proposed budget he'll release next week will fulfill his campaign pledge to dedicate at least 50 percent of the City's new major general fund revenue growth toward infrastructure and road repairs.
At the groundbreaking for the 25th Street Renaissance Project in the Golden Hill neighborhood, Faulconer said the City's general fund has $35 million in new major revenue and nearly $22 million of it will be going toward infrastructure. In all, the City's $3 billion budget calls for nearly $300 million to be spent on capital improvement projects.
"This money is going toward street and sidewalk repairs, parks improvements, streetlights, fire stations and the maintenance of storm drains and facilities in every corner of the City," Faulconer said. "I'm making good on my promise to put infrastructure among the top priorities in our City budget right now and for years to come."
Faulconer was joined by City Council President Todd Gloria and community leaders to break ground on the 25th Street Renaissance Project. The $1.7 million plan will restripe the roadway, widen the sidewalks, install reverse angle parking for vehicles and put in Class II bike lanes to create a safer and more accessible route for all modes of transportation. It's representative of the types of projects Faulconer plans to include in next week's budget.
Gloria, who represents the Golden Hill area, thanked those who helped make the 25th Street Renaissance Project a reality, including Public Works Interim Assistant Director Marnell Gibson, representatives from the Greater Golden Hill Planning Committee and the Greater Golden Hill Community Development Corporation, and local residents.
"This project brings active transportation improvements to the neighborhood and will allow for safer biking and walking along a key corridor," Gloria said.
Gloria said he supports Faulconer's decision to prioritize infrastructure spending, including making funding available for ongoing maintenance and repair as well as needs assessments for parks, facilities, streets and sidewalks
City Councilmember Mark Kersey, who chairs the Council's Infrastructure Committee, said he was happy to see Faulconer has proposed funding that will create a long-term strategy to address infrastructure.
"We must conduct assessments, streamline processes, find new sources of revenue and invest in our neighborhoods," Kersey said. "This big-picture approach will result in the City's first-ever multi-year infrastructure investment plan and help build our future."
The 25th Street Renaissance Project is the culmination of years of work by city officials and neighborhood residents to transform the corridor for the future. The City is also including a water main replacement in the project to consolidate multiple infrastructure upgrades and minimize the impacts on the neighborhood. The entire project is being paid for with funds from TransNet and Water Department.
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