https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4984904&GUID=43E57AA0-78C9-4FC3-9EA8-FD831D732DA6&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA94Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4984904&GUID=43E57AA0-78C9-4FC3-9EA8-FD831D732DA6&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA9443E57AA0-78C9-4FC3-9EA8-FD831D732DA6-2025-06-09-06-48-19Title: AUTHORIZE the Chief Executive Officer to negotiate and execute all necessary agreements between Los Angeles County Metropolitan Transportation Authority (LACMTA) and the Cities for their Capital Reserve Account(s) as detailed in Attachment A by: A. AMENDING the termination date of the Proposition A and Proposition C Local Return funded Capital Reserve Accounts for the City of Arcadia; B. AMENDING the termination date of the Proposition C Local Return funded Capital Reserve Account for the City of Bell; C. AMENDING the Proposition C Local Return funded Capital Reserve Account for the City of Beverly Hills by adding $750,000 to the already approved $2 million to a total of $2.75 million; and D. ESTABLISHING new Local Return funded Capital Reserve Account for the Cities of Beverly Hills (Proposition A, Measure R), Bradbury (Measure M and Measure R), El Segundo (Proposition C and Measure R), Hermosa Beach (Proposition C), Lomita, (Proposition C), Norwalk (Proposition C), Pomona (Proposition C), and San Marino (Proposition C).Mon, 09 Jun 2025 06:48:19 GMT