SaMo Forgets to Collect $45 Million, Says Prop T Peeps
It's another day in the fight between Santa Monica City Hall and proponents of Proposition T, the city measure that would "establish an annual limit on commercial development" in an effort to slow down traffic growth. In this round, city staff asked city council about beginning to impose a traffic impact fee on developers, according to the Santa Monica Daily Press (.pdf). But Prop T proponents said the city already took a similar action in the early 1990s and could have collected an estimated $45 million by now. But the city says they were only beginning a study on the issue and that it looks like the 1994 Northridge Earthquake distracted them.