The Grover Beach City Council will hold a special meeting Wednesday to discuss placing a bond measure on the November ballot to fund street repairs.
City staff is recommending an initiative to issue a bond ranging from $27 million to $48 million. The measure will require a two-thirds majority in order to pass.
Issuing a $27 million bond would require Grover Beach property owners to make annual payments of $102 per $100,000 of assessed value, according to a staff report.
City staff justifies the bond measure based on a study conducted by a street engineering firm. Pavement Engineering Inc. analyzed the city’s roads and concluded that the street system will fail in six to 10 years if major rehabilitation does not occur.
Pavement Engineering Inc. rated 71 percent of Grover Beach’s residential streets and 58 percent of its major streets as poor or failing.
