Item Coversheet

Agenda Item 4.

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TRANSPORTATION AGENCY FOR MONTEREY COUNTY
Memorandum
To: 

eXcellent Transportation Oversight Committee

From:

Theresa Wright, Community Outreach Coordinator

Meeting Date:

April 16, 2019

Subject:

City of Pacific Grove Local Measure X Project Update


RECOMMENDED ACTION:

RECEIVE presentation on Measure X local projects from the City of Pacific Grove. 

SUMMARY:

Daniel Gho, Pacific Grove Public Works Director, will make a presentation to the Committee on on the status of Measure X projects in the City of Pacific Grove.

FINANCIAL IMPACT:

Revenues generated from Measure X over the next 30 years for City of Pacific Grove transportation improvements is conservatively estimated to be $8 million. Annually this revenue estimate equates to $277,000.

DISCUSSION:

On November 8, 2016, the voters of Monterey County, approved Measure X on the Monterey County Ballot, thereby authorizing TAMC to impose and administer the proceeds from a three-eighths cent transaction and use tax (“Measure X”).  Measure X is estimated to generate over $600 million over 30 years for transportation improvements in Monterey County.  Of that amount, $360 million (60%) will be distributed to the cities and the County for local projects, while the remaining $240 million (40%) is programmed to regional safety and mobility projects.

 

Measure X tax proceeds will be used to pay for eligible programs or projects as defined in the Transportation Safety and Investment Plan (the “Measure X Investment Plan”) Attached is an excerpt of the Plan covering the local project policies. The City of Pacific Grove intends to use the Measure X funds for much needed road repairs, primarily for overlays and reconstruction projects. The City's Measure X 5-Year Capital Improvement Program identified the following projects and their anticipated costs as the first Measure X funded road repairs:

 

  • Fountain Avenue overlay from Pine Street to Lighthouse Avenue: $130,880
  • Congress reconstruction from David Ave. to Forest Grove Elementary School: $1,055,680
  • Del Monte Blvd reconstruction from Jewell Street to Asilomar: $1,324,679

 

To date, the first Measure X project completed in the City of Pacific Grove is the Fountain Avenue Repaving Project at a cost of $329,825.

 

The City's Measure X Five Year Capital Improvement Program is provided as an attachment in this report.

ATTACHMENTS:
Description
Measure X local project policies
City of Pacific Grove 5-Year CIP