fromwww.mercurynews.com
5 days agoHere's how Santa Clara plans to spend the first $100 million of Measure I money
Measure I marked the first time since 1959 that the city had a general facilities bond on the ballot, despite unsuccessful attempts at a similar initiative in 2018 and 2022. City officials estimated last year that Santa Clara had more than $600 million in unfunded infrastructure needs. The $400 million bond will be funded by levying roughly $19 per $100,000 of assessed property value each year from 2025 to 2060.
California