Use half of Measure U tax revenue to fund street repair bond

Street RepairsInfrastructure

In Plain English

The city wants to borrow money through a bond to fix Richmond streets. This bond would be paid back using roughly $3.75 million per year from Measure U tax revenue. If approved, the city can begin preparing the actual bond proposal for a future council vote.

Auto-generated summary. Source: official agenda documents.

Votes

To approve the item

Moved by: Councilmember RogersSeconded by: Councilmember Myrick
Passed

6 to 1

McLaughlinAye
BecklesAye
ButtAye
BoozéNay
BatesAye
MyrickAye
RogersAye

To use 51% of funds for streets and 46% for the MLK Center

Moved by: Councilmember BoozéSeconded by: Councilmember Bates
Failed

2 to 5

McLaughlinNay
BecklesNay
ButtNay
BoozéAye
BatesAye
MyrickNay
RogersNay