Tags: Davis | Announces | $1B | Economic | Stimulus | for | Calif.

Davis Announces $1B Economic Stimulus for Calif.

Thursday, 10 January 2002 12:00 AM

The plan is aimed at generating 13,000 new construction jobs and provides needed relief to those who lost their jobs after the Sept. 11 terrorist attacks.

Appearing at University of California - Davis, the governor announced the plan just a day before he must outline his blueprint for dealing with the state's budget crisis.

The budget shortfall is projected to be $12 billion that Davis blames, in part, on fallout from the Sept. 11 terrorist attacks.

Davis, who is seeking re-election, has already outlined steps to boost tourism and travel. But Wednesday, his focus was on construction jobs.

If approved, the $678.3 million appropriation would come from lease revenue bonds targeted for new public works projects. The public projects would take place at U.C.-Davis and 28 sites around the state.

Davis said the spending on infrastructure would stimulate the state's economy by creating jobs and spurring demand for materials and services.

In U.C.-Davis' case, it would mean $66 million to help build a new veterinary medicine building for expanded research.

"Since U.C.-Davis is California's only Vet School, an education crown jewel, this is a critical investment in our future," Davis said. "This is on top of $90 million for three additional projects already under construction on the Davis campus."

The building is a key component of a $354 million long-range facilities plan for the veterinary school, designed to restore the school's full accreditation and prepare for enrollment and academic growth anticipated for the next decade.

"Funding of this new facility forms the cornerstone for restoration of our full accreditation," said Bennie Osburn, dean of the U.C.-Davis School of Veterinary Medicine, "and this public investment will strengthen the school's ongoing ability to offer Californians access to veterinary care for pets ... and other activities benefiting animal, human and environmental health."

The job creation program includes, $279 million for University of California schools; $191 for California State University schools; $170 million for community colleges; $7 million to replace aging forestry and fire stations; and $31 million for various other projects.

Davis also announced he supports making retroactive to Sept. 11 the increase in unemployment benefits to Californians who lost their jobs after the terrorist attacks. The proposal will put more than $400 million into the hands of laid-off workers, he said.

"In these tough times, it's simply the right thing to do," Davis said.

Copyright 2002 by United Press International. All rights reserved.

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The plan is aimed at generating 13,000 new construction jobs and provides needed relief to those who lost their jobs after the Sept. 11 terrorist attacks. Appearing at University of California - Davis, the governor announced the plan just a day before he must outline his...
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Thursday, 10 January 2002 12:00 AM
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