It is time to weigh in on what larger capital improvement projects you think are the top priority for the next 5 years. We have limited funds to spend and lots of projects that are deserving. Please help us out by attending a committee meeting (which are listed on p.11 of this packet), coming to the community meeting on Saturday, March 1, 10:00 am - noon (at City Hall, 1333 Park Ave.), or reading over the projects and sending your opinion to me and the rest of the council members.
This CIP process has been a long time in coming. We started this process once before in 2011, just before redevelopment was dismantled in 2012, and are just now ready to tackle it again. The total amount we have to spend is approximately $95 million. The number of projects is about 75. Read through the list of projects staff have identified. Some are in your neighborhood, some will improve traffic circulation in town, or help improve bike/ped facilities. There is something for everyone. Please get informed and share your opinion.
Background: Now that Redevelopment is gone, the City of Emeryville is trying to figure out how much money we can use toward capital intensive projects. For the past 35 years, these projects have been paid for by redevelopment funds (at between $12 million and $51 million per year), which were based on the growth of property taxes over the years. As properties were improved, tax revenues went up and that gain was put into redevelopment (and was borrowed against). We will be paying off those redevelopment loans for a number of years still.
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