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May 12, 2004

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Palo Alto Online

Publication Date: Wednesday, May 12, 2004

Dreams without dollars Dreams without dollars (May 12, 2004)

Purchasing an $82,000 hovercraft is one of many City of Palo Alto projects that does not have full funding.

More than $300 million will be needed to create the future that city leaders would like. Private dollars, bonds, foundation grants and federal money are all potential ways the city could fund the projects.

Here is a sample of the larger ones:
Project What is it? Total cost Intermodal transit center Dramatically revamps downtown's train and bus station $196 million Public safety building Repairs the inadequate police building $30 million-plus Charleston/Arastradero corridor plan Reconfigures roads to make them safer for drivers and pedestrians $7.4 million Bressler property Acquires the final 13 acres of the Arastradero Preserve, protecting it from development $3.6 million Computerized traffic management Gives the city's street lights a high-tech upgrade $5 million Bike and pedestrian paths Creates paths under Alma Street and the Caltrain tracks $20 million Fiber to the home Provides cable television and high speed, bandwidth Internet $40 million Storm drains Repairs the ailing storm drain system $40 million-plus


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