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9. Require clear and transparent cost-benefit justification for residential infrastructure

9. Require clear and transparent cost-benefit justification for residential infrastructure initiatives such as electrification retrofits

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[a] Based on a 10 year sample of CHP Statewide Integrated Traffic Records System (SWITRS) data for Wilshire Blvd. for 01-01-2011 to 12-31-2022

  • Proposed requirements to retrofit all existing buildings in Santa Monica to operate on 100% electrical power is a huge regressive tax that is completely out of proportion to any benefits possibly gained.

  • Negate City-driven cost of living impacts by requiring City analysis of the direct subsidies required to keep residential and commercial operating costs unchanged for the relevant stakeholders from existing power arrangements as well as city financial plans to provide such subsidies.

  • Remove all such fundamental decisions from the City staff level and require a clear public process and Council votes for any such initiatives to be considered and again for any proposed enactments.

  • Require any such proposed initiative to be explicitly assessed on a cost / benefit basis with transparent analysis available to the residents and commercial building owners.

  • Require that any proposed conversions be at the option of the building owner.

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