Meeting:
Board of Directors
Meeting Time:
September 27, 2023 at 6:30pm PDT
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BCHD SHOULD RECEIVE ONLY $120,000 OF MEASURE M REIMBURSEMENT
Plain and simple - BCHD has set the record the for the MOST EXPENSIVE UNIT COST FOR A BIKE LANE. At $1.73 for 400-feet, that is approximately $4500 per foot, or just under $24M per mile. The most expensive Redondo Beach bike lane cost in the 2012 SB master plan was $800,000 per mile and even adjusted with California Department of General Services construction inflation of 70%, that would still be under $1.5M per mile - or - $120,000 for 400-feet in Redondo Beach.
BCHD exceeded the cost estimate by a factor of 1500% because BCHD chose to force its deferred maintenance of the hillside onto Measure M sales tax revenues.
BCHD should be reimbursed NO MORE than the $120,000 with the rest of the $1.73M refunded to the Measure M account.