Mid-Peninsula Regional Open Space Seeks Public Funds for Parks & Open Space
Votes in the MidPen jurisdiction, which includes many cities in San Mateo and Santa Clara counties will be presented with an opportunity to approve a bond measure to help fund a $300 million bond measure for park funding. A two-thirds vote will be necessary for approval.
The bond authorization, if approved, will be a tax rate not to exceed $3.18 per $100,000 of assessed property value, and would probably start at about $1 per $100,000 which would be in addition to the current $17 per $100,000 in assessed value that homeowners currently pay to the Open Space District.
The MidPen region covers approximately 62,000 acres of Open Space. This bond money would help fund expanding access to public land, preserving redwood forests, restoring land that feeds lakes, streams and waterways, preserving agricultural land in San Mateo county coast, and restoring native vegetation. This is the first time in 41 years that MidPen is seeking additional help from voters.