A bill for an ordinance amending Ordinance No. 1291, Series of 2021 concerning the “Transportation and Mobility” Special Revenue Fund. Amends Ordinance 21-0291 creating the Transportation and Mobility Special Revenue Fund to expand allowable revenue received into the fund and memorialize certain intended revenue sources for the fund. The Committee approved filing this item at its meeting on 6-14-22.
12 ays Council Resolution 20 2-706 has been adopted. Madam Secretary, would you please put the next item on our screens? And wanted to let members in the chambers here know that we've opened up our overflow meeting room. It's directly as you walk out these doors, I believe we're using for 32. It's to the right. And so if you feel more comfortable with a bit more space, we have our overflow open. And I would also ask any members of the public who are standing against the back wall. We would ask that you find a location to sit for our fire code. Thank you, councilmember kenny. We have Bill 709. Please go ahead with your comments. Thank you. Council President. Sometimes history is really exciting, like when the avalanche win the Stanley Cup and it's on the front page of every paper and there's a picture of it. But sometimes history unfolds over very long periods of time. I did a whole review of history, how the city went from zero local dollars for affordable housing in 2011 to at least $30 million a year today and three quarters of $1,000,000,000 by 2030. That was over 11 years. You had to really be paying attention to understand history. And sometimes history is like even less in the under the radar or more under the radar and harder to track. And so this very exciting, historic bill is creating Denver's first ever special revenue fund for transportation and mobility. It's actually not creating it. It already existed as of a few months back, but it's actually cementing in it the city's commitment to put dollars in every year. So just check with me here. There has never been a dedicated source of funding for transportation mobility in the city's history. We thought that was something the federal government funded. Oops, not really. Maybe a little bit the state government. So we increasingly as a city, whether it's affordable housing, whether it's transportation, whether it's climate, we have had to step up and fill these gaps. And over the course of several years, a group of community advocates from Gender Streets, Partnership, Bicycle, Colorado, Colorado Public Interest Research Group and other really dedicated advocates kept coming to council members like Councilman Clark and Councilwoman Black and I saying we need dedicated revenue for safety of mobility and for climate transit, gets people out of cars. It is a climate saver. Bikes and PEDs have no impact on the climate at all. So every mobility change we make is good for our climate, but we are not funding it. And so so we created this fund with two sources incremental increase in the cost of parking on our streets. Right. Those parked cars have an impact on our climate, and now they're mitigating some of that impact by investing in this fund. And secondly, some of the fees that are fines that are paid for people who park in bike lanes and things like that. So those two sources under this language that we're putting in this bill today are committing our city to putting those incremental dollars into this fund each year to be doing the right thing for climate and doing the right thing for safety in our community and options for people. And so it's $16 million. It's a start. It is something we need to continue to invest in and grow just like we grew the housing fund over those 11 years. I hope 11 years from now we're talking about three quarters of $1,000,000,000 here, too. That'll be up to the next generation of council members. But in case you missed it, it's the Stanley Cup of Transportation and Mobility for where we are today. So I'm really excited. Nobody's called it out. It's a pretty tortured analogy, but thanks for entertaining me tonight. I'm excited and it's going to be in our consent agenda, but y'all should know about it. So thank you. Thank you very much. Councilmember can teach your passion is almost equivalent to the avalanche winning the Stanley Cup. But just as important, if not more so, I will I will venture. So thank you for that. And that concludes the items to be called out this evening. All bills for introduction are ordered published. Council members remember this is a consent or block vote and you will need to vote. Otherwise, this is your last chance to call out an item for a separate vote. Councilmember Cashman, would you please put the resolutions for adoption and the bills on final consideration for final passage on the floor