Board finalizes funding for six of 13 approved investment projects in Tahoe
Published Dec. 14, 2023
The county has moved forward with funding for six of its 13 regional projects in eastern Placer – designed to improve trails, transportation and workforce housing assistance.
The Placer County Board of Supervisors last week authorized spending a total of $4.2 million for the projects using revenue from transient occupancy tax collected in North Lake Tahoe. By long-standing county policy, all TOT revenue collected in eastern Placer County is reinvested in eastern Placer County.
The board approved TOT funding for a total of 13 investment projects during its Oct. 16 meeting. The projects are intended to advance regional goals including workforce housing and improved transportation within eastern Placer County. The board will review funding requests for the remaining seven projects at future meetings.
Each of these projects were solicited, vetted and recommended through the North Tahoe Community Alliance Board of Directors, the TOT committee and the Capital Projects Advisory committee.
The board approved $2.2 million in TOT funding for three projects led by local organizations:
- The Tahoe City Public Utility District will receive $1.6 million for the reconstruction of 2.25 miles of the North Shore Trail to replace aged and failing infrastructure in the trail system;
- The North Tahoe Public Utility District will receive $100,000 to plan and design an extension of the Pam Emmerich Memorial Pinedrop Trail;
- The Sierra Community House will receive $450,000 for their Workforce Housing Direct Assistance Program. This program helps local workers attain and sustain housing by providing case management services, direct payments to landlords and utility companies, and support for other housing-related costs (including relocation assistance).
The board also approved $2 million in TOT funding for three Placer-led projects:
- A $200,000 allocation will fund 2.5 miles of the North Tahoe Trail Segment and connect the existing Pine Drop Trail in Tahoe Vista to the trail entry point of Carnelian Bay Avenue.
- The board allocated $875,000 to the state Route 89 and state Route 267 adaptive corridor management/transit priority lane project, which is part of the Resort Triangle Transportation Plan. This includes strategic implementation, consultant planning, permitting and proposals over the next three years.
- The board also allocated just over $1 million to the Kings Beach Western Approach Project over the next three years. This project will convert the Kings Beach intersection at state Route 28 and state Route 267 into a roundabout. The project is needed to provide better connectivity between the Kings Beach downtown core and residential neighborhoods and formalize pedestrian walkways and bike lanes.
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