Measure
V would prevent all new projects in Oxnard
consisting of 5 residential units or more,
or 10,000 square feet or more of industrial
or commercial space, until all intersections
within a five mile radius of the project
operate at a minimum level of service
“C” or unless the project is approved
by the voters.
Measure
V would expire in 20 years, on
December
31, 2028.
Governmental
buildings, public schools, churches, and
hospitals would be exempt.
Measure
V would not provide any money to fund
traffic improvements. A nonpartisan, independent
analysis shows Measure V would prevent
the City of Oxnard from receiving over
$129 million, paid in development fees
for traffic improvements.
Oxnard
schools would lose 5 – 10 million dollars
per year in development fees, used to
build new or renovate existing schools.
Oxnard
Police and Firefighters are opposed to
Measure V because it would cost the City
of Oxnard over $11 million per year in
new tax revenue, which they believe would
be mainly intended for police and fire
protection.
Measure
V would make it likely that companies
would have to leave Oxnard in order to
expand, taking jobs out of town. |
