Richardson Bond. Prop A
PROPOSITION A: STREETS $132.2 million (59.2%)The largest proposition of potential bond program project funding is dedicated to street reconstruction, capacity improvements and replacing traffic control devices to include:• Reconstruction of major collector, neighborhood collector, commercial and residential streets• Replacement of alley segments at various locations• Rebuilding traffic signals at intersections and installing new signals at two locations• Replacing all school zone flashers and adding speed feedback signs citywide• Completing Americans with Disabilities Act (ADA) compliance upgrades at signalized intersections• Advancing the Active Transportation Plan through trail and street-crossing improvementsThese projects are intended to extend pavement life, improve driving conditions and reduce long-term maintenance costs.The proposed bond referendum does not include an increase in the City’s property tax rate of $0.542180 per $100 of net assessed value. According to the City, future property tax revenues at the existing tax rate are projected to be sufficient to repay the bond. However, since your taxes are based on your net assessed value, your taxes may increase or decrease if your net assessed value increases or decreases. State Law requires statement THIS IS A TAX INCREASE in each bond referendum.
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Yes - For the Measure
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No - Against the Measure
Those in favor say:
• Due to past budgetary constraints, many street repairs have not been done. Investing now can extend the infrastructure lifespan, improve driving conditions, and potentially save taxpayers money in the long run.
• Safer Streets Richardson (Richardson’s 50x50 Initiative) is a strategy to eliminate all traffic fatalities and severe injuries. It encourages improvements to streets as well as active transportation.
• As the face of the city, well-maintained and updated streets and signage encourage business and tourism.
Those opposed say:
• Improvements may be needed, but too much money has been allotted. $14.3 million for alleys is too much.
• Many people are not in favor of increasing bike lanes. They are considered by some to be a luxury or a nuisance. Many bike lanes on residential streets are rarely used.
• Constant and prolonged road construction impedes traffic flow and access to businesses.
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