https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2724993&GUID=4A300A9E-3EE5-47F9-8079-7E442CFB3044Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2724993&GUID=4A300A9E-3EE5-47F9-8079-7E442CFB30444A300A9E-3EE5-47F9-8079-7E442CFB3044-2025-06-09-05-08-26Title: APPROVAL OF: A. CONSOLIDATING up to $96.0 million in repurposed Los Angeles County Federal transportation earmarks on State Route 71, freeing up a corresponding amount of funds for Los Angeles County sponsors; B. AUTHORIZING the Chief Executive Officer to: 1. NEGOTIATE AND EXECUTE agreements with participating local agencies for the funds shown in Attachment A, so as to ensure that the exchanged funds being made available are properly administered, used in a timely fashion, and are expended within three years of executing the agreements; 2. PROVIDE 97% replacement funding to Los Angeles County project sponsors for repurposed federal earmarks from the local funds currently planned for State Route 71, unless the sponsor affirmatively opts out of the program by June 30, 2016; 3. Use three percent (3%) of the earmarked amount that LACMTA would retain to administer the exchange program; and C. CONSOLIDATING up to $2.4 million in potentially repurposed Metro-controlled Federal transportation earmarks to allocate on the Airport Metro Connector Project without freeing up anMon, 09 Jun 2025 05:08:26 GMT