Muni changes course on millions in bond funds

By Jerrold Chin : sfbay – excerpt

Muni is shifting millions in bond funds away from delayed transit improvement projects and toward improvements of bus yards and other agency facilities… Bus barn in the Mission, photo by Zrants

Delays in spending a voter-approved 2014 bond measure on transportation infrastructure in San Francisco has prompted transit officials to reprogram some of the bond money into other projects that are ready to go and in need of funds.

The San Francisco Municipal Transportation Agency Board of Directors approved redirecting $26.2 million from the first bond issuance of the 2014 Transportation and Road Improvement General Obligation Bond from Muni transit improvements to Muni facility upgrades.

Along with the reprogramming of the bond money, directors also are requesting to a second issuance of $92.8 million from the Board of Supervisors…

The SFMTA will spend $21.1 million in upgrading its Burke Warehouse facility that will eventually house overhead wires and provide extra capacity storage for the transit agency.

Another $11 million will go towards the second phase of Islais Creek project. The project includes the construction of a 65,000 square foot motor coach maintenance and operations facility, according to the SFMTA.

Other projects the second bond issuance will fund toward the electrification of Caltrain ($20 million), the BART canopy project ($3 million), and a number of bike and pedestrian safety projects…(more)

 

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2 thoughts on “Muni changes course on millions in bond funds

  1. The reasoning behind upgrading existing facilities and adding overhead lines to some muni yards is because they’re going to sell off some existing yards to developers. Which means more expensive housing and removing all existing parking around that block/parcel.

    This was passed with prop K in November 2015. Which also means more plublic lands will be sold including some schools shutting down as well as that was passed with the school district measure this past year. Also the allocation of funding was also passed as it was implanted in the last homeless measure this past election. It was a homeless and transportation bill but I don’t think anyone actually read. Allocation of $50mil a year including other allocation as well. People need to read.

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  2. The SFMTA is such a failure of an agency and the city politicians too. The voters voted for something and yet they change things and do another!

    Like

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