BOULDER CITY QUESTION NO. 1

Capital Improvement Question

Do voters approve the spending of $3.5 million from the Capital Improvement Fund for the purpose of reconstructing streets within the City?

Yes 
No  

EXPLANATION

The Boulder City Charter requires voter approval of expenditures from the Capital Improvement Fund. Sufficient funds are available in the Capital Improvement Fund to fund the proposed street reconstruction project. The purpose of the proposed project is to change the methodology of maintaining city streets and to improve the overall quality of the streets city-wide. A "yes" vote on this ballot question means the voter supports the use of Capital Improvement funds for the repair or replacement of city streets. A "no" vote on this ballot question means the voter does not support utilizing Capital Improvement funds for the repair or replacement of city streets.

ARGUMENTS FOR PASSAGE

One of the most frequent complaints expressed by local residents is the condition of the city streets. Street reconstruction or replacement is a high quality, long-term solution to the problem of street maintenance. The useful life expectancy of a newly constructed street is twenty-years. Expending monies from the Capital Improvement Fund does not impact the General Fund balance and allows General Fund monies to be utilized for other special projects. Repair of city streets has a broad range of benefit throughout the community, rather than other projects which may benefit a smaller group of constituents.

ARGUMENTS AGAINST PASSAGE

These proposed street reconstruction and replacement projects will require a substantial capital outlay. If Capital Improvement funds are utilized for these projects, other projects may have to wait until additional Capital Improvement funds accumulate.

FISCAL NOTE