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by Matthew Roth
I’ve seen some of those LED lights on Flickr here and there.
San Jose wants to replace all streetlights with LEDs to cut its $4 million annual electric bill just for street lights.
Street bonds are a wonderful. You go $300,000,000 into hock, spend that money over a few years, and spend the last 20 paying them back wistful at those good years when there were nice streets and sidewalks.
Streets and sidewalks are the simplest of capital systems. Their depreciation schedules are well known. If the City cannot afford to budget sufficient dollars to maintain these systems, they they surely cannot afford to float bonds to put this on the credit card.
How about a sustainable streets capital plan that ensures we budget enough annually to account for depreciation and keep this critical capital resource in good working order?
“I have a sinking feeling we're all going to learn once again that hindsight is 20/20, and that all this caving to merchants' unfounded fears will result in an entire generation of lost opportunity to make our streets safer and more lively.”
– Upright Biker
In response to "SFMTA Cuts Block of Polk Bike Lane Fought by Visionless Mayor's Optometrist"