East Bay Economic Development Alliance > Focus Area & Issues > EDAB Issues > BART District Measure BB

BART District Measure BB: Seismic RetroFit Bond

 

From the Bay Area Council:

 

BART District Measure BB (seismic retrofit bond): Support

 

Measure BB will authorize the BART District to sell $1.05 billion of general obligation bonds to fund seismic retrofit of the BART system. Property taxes in the BART District (Alameda, Contra Costa, and San Francisco counties) will increase by approximately $8 per $100,000 of assessed value to repay the bonds over 40 years. The BART system was constructed to seismic standards that existed in the 1960s and it performed well during the 1989 Loma Prieta earthquake. Since then, however, the 1994 Northridge and 1995 Kobe earthquakes have expanded understanding of seismic events, and BART studies have identified vulnerabilities in the Transbay Tube, elevated tracks, and stations and support facilities. The BART system is a crucial element of the Bay Area transportation system and the product of billions of dollars of investment; it is prudent and responsible to invest in protecting the system against seismic damage.

 

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