$400 Million Bond For Muni Upgrades Proposed By Mayor London Breed – CBS San Francisco

SAN FRANCISCO (BCN) – San Francisco Mayor London Breed proposed a $ 400 million bond on Tuesday for the June 2022 vote to improve safety and reliability along Muni’s bus and train routes raise.

According to Breed’s office, the Muni Reliability and Street Safety Bond is needed to upgrade and maintain the outdated facilities and equipment of the San Francisco Transportation Municipal Agency.

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In addition, the loan would also help fund road infrastructure projects and modernize Muni’s train control system, which would increase metro capacity and reduce delays.

The loan would also fund road safety and traffic improvement projects aimed at reducing collisions.

“A reliable transportation system and safe roads are essential for the long-term health of our city and our residents,” Breed said in a statement. “The investments from this proposed bond, along with substantial new federal government funding, will enable us to modernize our facilities, upgrade our systems, and make Muni more efficient for everyone.”

Jeff Tumlin, SFMTA’s director of transportation, said, “With the recently passed Federal Infrastructure Bill, funding from this bond would enable the SFMTA to tap nearly $ 1 billion in matching federal and state government funds to meet San Francisco’s local transportation needs cover. including repairing and updating our aging and obsolete bus yards and equipment that is nearly 100 years old and cannot accommodate our modern, clean fleet. “

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In order to be guaranteed for the June vote, at least eight of the eleven supervisory boards must approve the bond. Then two-thirds of San Francisco voters would have to vote for the measure to be passed if it were put on the ballot.

Last week, the SFMTA board unanimously approved a resolution urging the board of directors to put the bond to a vote.

Both supervisory board president Shamann Walton and supervisory board chairman Rafael Mandelman have pledged their support for the bond.

“The demands on San Francisco’s transportation system have increased, and revenues from transit fares and parking fees have not kept pace. COVID-19 only exacerbated the problem, ”said Gwyneth Borden, chairman of the board of directors of SFMTA. “We have to keep the city moving. This important source of funding will have a positive impact on everyone who lives, works, and visits San Francisco. “

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