KEY PROBLEMS WITH THE PROP 1 BOND

1. IT'S NOT A MOBILITY BOND. No current traffic study exists to demonstrate its
effectiveness in resolving traffic congestion, it's pure speculation. The reality is,
removing lanes, narrowing lanes, inhibiting left turns, reducing speed limits,
increasing population density and inserting bicycles into the traffic flow are not
proven traffic congestion relievers and will increase congestion.
2. IT'S A DEVELOPMENT BOND. Promoted, funded and endorsed by the Austin
"Growth Machine", this bond sets up major business corridors for re-development
into multi story condominiums as shown in the corridor plan renderings. The
intended outcome is over 70,000 high density living units on these streets. That
redevelopment will be detrimental to the adjacent neighborhoods and Austin's
character. The current business occupants inhibit this plan and are designated to
become collateral damage.
3. THE TAX BURDEN IS MISLEADING. The public is told the cost on the average
home is $5/month, a number based on a $0.0225 per $100 tax rate (also used in
the cities phony tax calculator). The 3.009 "TRUTH IN BORROWING" disclosure,
required by state law, is designed to thwart the kind of "creative accounting" used
to concoct the city's $5/month. It requires an honest cost assessment the voter
can rely on and exists on page 8 of the city's bond information brochure. It shows
the true cost of Prop 1 to be OVER THREE TIMES what the public has been told
($15.63/month on $250,000 home).
4. UNDERFUNDED AND ILL DEFINED. The voter is issuing a "blank check" for
$720 million. The actual cost estimate to complete Prop 1 is $1.798 billion. This
huge gap between cost and funding assures future borrowing and uncertainty as to
what , when and where work will be done. To do damage control for this critical
failing , a vague, unenforceable, "contract with the voters" has been concocted.
THIS ISN'T GOOD LEADERSHIP - VOTERS SHOULD KNOW WHAT THEY ARE
FUNDING!

PROP 1 PLAN "B", $272 MILLION BOND PROPOSAL FOR INCLUSION

ON THE 2017 BALLOT:
1. $40 million for upgraded intersection signaling and geometry on key intersections
throughout the city. Wireless controlled, camera based, intersection technology on
150 intersections, including the 24 problem intersections identified in the corridor
plans.
2. $80 million for sidewalk infrastructure in locations of greatest need. Over DOUBLE
prop 1.
3. $15 million for a bypass at 620 and 2222.
4. $60 million for a 10' wide bicycle/pedestrian path along Burnet Rd. (Mopac to
Lamar/45th- 8mi) and Lamar (Parmer to Ben White - 16mi). This will provide an off
street, protected, north to south bicycle network for central Austin along the
highest demand corridors. THREE TIMES prop 1.
5. $5 million to bubble bus pull outs in identified locations of greatest need. Missing
from prop 1.

6.
7.
8.
9.

$25 million to substandard streets. Over DOUBLE prop 1.

$25 million to urban trails
$8 million for Bee Cave Rd./Williamson Creek Bridge replacement
$4 million intersection turn lanes Brodie Ln. (Slaughter to 1626) Missing from prop
1.
10. $10 million to fire station construction Missing from prop 1.
This plan "B" bond offers, FULLY FUNDED, multi modal function, improved traffic flow
throughout the city, improved safety and preserves future bonding capacity. The
estimated tax rate is $0.02/$100 using the TEC 3.009 formula and equates to
$4.16/month on a $250,000 home, versus prop 1's $15.63/month.