Plan for Quake Safety Bond Measure Advances
Spurred by the devastating Bay Area earthquake, a Los Angeles City Council panel endorsed a plan Monday to place a $367-million seismic safety bond measure on the ballot to upgrade 84 city-owned buildings and 459 bridges.
The money, which would be raised through general obligation bonds, would include $112 million to bring City Hall up to earthquake safety standards. The bond measure’s annual cost would be about $30 for the average property taxpayer.
Under the plan approved by the council’s Ad Hoc Buildings and Structures Earthquake Safety Committee, the bond measure would be placed on the ballot in June, 1990, and passage would require a two-thirds approval by the voters. The proposal now will be considered by the full council, which must approve it by Feb. 14 to have it considered in the June election.
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