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CITY OF COLTON AGENDA REPORT FOR COUNCIL MEETING OF AUGUST 3, 2004 TO: HONORABLE MAYOR AND CITY COUNCIL 4�_ FROM: DILU DE ALWIS, FINANCE DIRECTOR (41 Item #4 SUBJECT: A RESOLUTION IN SUPPORT OF EXTENDING MEASURE I — SAN BERNARDINO COUNTY'S ONE-HALF OF ONE PERCENT TRANSACTIONS AND USE TAX FOR TRANSPORTATION IMPROVEMENTS. DATE: JULY 26, 2004 BACKGROUND: In November 1989 the voters of San Bernardino County approved Measure I, the County's one- half of one percent transactions and use tax for transportation improvements. Since its inception, Measure I has provided funding for numerous transportation projects, including freeways, interchanges, major streets, local roads etc. The current measure is set to expire in 2010, and a proposal is underway to continue the existing tax. DISC USSI ON/ANALYSIS: The City of Colton has benefited with funds for numerous projects over the past twelve years. Some of these projects include: • Paving, rehabilitation and concrete overlay during 1991 through 2000 for $2,909,000 • Reconstruction, traffic signal installation, construction of median divider and signal interconnection of La Cadena Drive, 1993 through 1996 $66,514 • Widening, landscaping and paving of Reche Canyon Road, 1995 through 1999 $18,124 • Improvements to curb and gutters on 50' Street 1991 $13,684 Projects to be undertaken include: • Additional lanes on 1-10 through Ontario, Fontana, Rialto, Bloomington, Colton, San Bernardino, Loma Linda, Redlands and Yucaipa. • Additional lanes on 1-215 through San Bernardino, Colton and Grand Terrce. The City of Colton continues to depend on this reliable source of funding which is complemented by other funding sources to accomplish an aggressive capital improvement program. Currently the City of Colton receives approximately $550,000 per year from Measure I funding, and the passage of this measure in November 2004 is critical to the continuance of the CIP program and provide a safer environment to their residents and maintain a high quality of life they currently enjoy. FINANCIAL IMPACT: The adoption of this resolution in support of the Measure 1 ballot, does not have any financial impact to the City of Colton.