Proposition 6
PROPOSITION 6 - AREAWIDE PUBLIC SAFETY AND TRANSIT CAPITAL IMPROVEMENT BONDS ($941,000)
For the purpose of providing public safety and transit upgrades, replace ambulances, support vehicles, bus stop improvements, transit fleet expansions and replacement and technology upgrades and related capital improvements as provided in Ordinance No. AO 2011-12, shall Anchorage issue up to $941,000 in principal amount of general obligation bonds and increase the municipal tax cap by an amount not to exceed $11,000 to pay annual operations and maintenance costs? The proposed capital improvements would be located within Anchorage.
Voter approval of this bond proposition authorizes for each $100,000 of assessed taxable property value (based on the estimated total 2011 areawide assessed valuation in Anchorage) (i) an annual increase in taxes of approximately $.24 to retire the proposed bonds, and (ii) an annual increase in the Municipal Tax Cap (Charter 14.03(b)(2)) of approximately $.03 to pay for annual operations and maintenance costs related to the proposed capital improvements.
The debt shall be paid from real and personal property taxes levied and collected areawide within Anchorage. Anchorage will also pledge its full faith and credit for payment of the bonds.
Vehicle ($198,000)
Funding will be used to replace People Mover, Anchor RIDES, van-pool and sup¬port vehicles to maintain current levels of service and to reduce maintenance costs. Vehicles being replaced will have reached the end of their expected mechanical life.
Facilities Improvements ($100,000)
Funding will be used to further the construction of ADA access improvements and other upgrades to existing bus stops and transit facilities.
Management Information and Automated Operating Systems ($30,000)
This funding provides for replacement and upgrades of data processing hardware including: operating systems to provide improved customer information, schedul¬ing and maintenance of the fleet; and desktop computers, servers, copiers, printers, scanners and other hardware. The benefits include of this project include: improv¬ing the efficiency of financial accounting and management; improving accuracy and timeliness of data collection and interpretation; improving time and attendance; and inventory controls and contract administration.
Bus and Other Capital Maintenance and Fleet Improvement ($93,000)
This effort includes replacing the major/costly components on transit fleets (engines and transmissions) as they wear out. Improvements will also include acquisition of fare boxes to accept and distribute multi-fare passes.
Ambulance Replacement Program ($520,000)
Fire Department: programmed replacement of EMS MICU ambulances that provide basic and advanced life support services and transport patients throughout the Municipality. Requested funds will replace one 2002 and two 2004 models.
