Oregon
2010 Ballot Measures
Portland, OR—Multnomah, Washington and Clackamas Counties
Type: Bonds
Summary:
TriMet's ballot measure will ask whether to renew the agency's $125 million bond, first place on the ballot in 1990. The original ballot funding was used to extend the Blue Line to Hillsboro. The November measure would dedicate revenue towards faster bus replacements, LIFT fleet upgrades and approximately 300 bus stop improvements.
Indirectly, the measure would free about $50 million for TriMet's general fund over 20 years, which the agency says it would spend "to either avoid additional service cuts if the economy continues to decline, or to restore service" If it's approved, property owners would have to pay $8 annually to TriMet per $100,000 taxable value.
Ballot Language:
Shall TriMet issue $125 million bonds to improve transit services and access for elderly riders and people with disabilities? If bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of Sections 11 and 11b, Article XI of the Oregon Constitution.
Proponent Info:
Yes For Transit! Yes for Measure 26-119
Website: http://www.yesfortransit.com/index.htm
Facebook: http://www.facebook.com/yesfortransit?ref=ts
Opponent Info: N/A
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