Successor Agency Capital Projects

The Capital Projects Fund was established for the portion of 2006 Bond proceeds that have been designated for certain redevelopment activities within and of benefit to the project area. The funds are held by the fiscal agent until such time as they are requested to be withdrawn for use.

Proposed Projects

Pending Oversight Board approval and debt service satisfaction, proposed fiscal year 2016 projects include $300,000 for the construction of a north and south entrance sign on El Camino Real (the City's primary downtown commercial corridor) and minor improvements to the north and south welcome signage on U.S. 101; $1,000,000 for constructing street-scaping improvements along El Camino Real and $200,000 for finishing the South end shell in the Police Department formerly planned to house a jail and holding facility. In fiscal year 2017, $300,000 is included for additional street-scape projects along El Camino Real that have not yet be identified.
Large piping that is running into the ground and is surrounded by a chain link fence.

Bond Official Statement

The bond official statement indicates these proceeds are to be used for activities that include, but are not limited to, the following:
  • Community Center
  • Construction of Memorial Hall and the purchase of land for public parking
  • Expansion of the police department facility
  • Improvements to streets including pavement, curbs, gutters, sidewalks and landscaped medians
  • Miscellaneous public park improvements throughout the Project Area
  • Miscellaneous public works projects throughout the Project Area
  • North end of El Camino Real: sidewalks, curb and gutter, and landscaping
  • North entrance to the City: landscaping, new entrance sign and other improvements
  • Purchase of land for public parking at the new police facility
  • Purchase right of way (school property) for the Walnut Street expansion
  • Strategic Land Acquisition Fund
  • Street lights throughout the Project Area
  • Walnut Street Highway 101 Bridge over crossing