https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2750520&GUID=56616AD6-4666-41F7-93EA-BF67286AA44C&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA94Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2750520&GUID=56616AD6-4666-41F7-93EA-BF67286AA44C&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA9456616AD6-4666-41F7-93EA-BF67286AA44C-2025-06-09-05-08-27Title: CONSIDER: A. ESTABLISHING a Full Funding Grant Agreement (FFGA) Budget of $2,410,544,879 as described in Attachment A for the Westside Purple Line Extension (WPLE) Section 2 project, consistent with direction from the Federal Transit Administration (FTA); B. AUTHORIZING up to $54.5 million in funds expected from the City of Beverly Hills as their 3% contribution to be advanced from Measure R funds from the Westside Subway Extension line item in the Measure R Expenditure Plan, in support of the FFGA requirements of the FTA; C. APPROVING the Measure R Cost Management Process and Policy analysis and funding strategy in Attachment B to use up to $191.81 million Measure R funds from the Westside Subway Extension line in the Measure R Expenditure Plan to meet the new cost and revenue assumptions in the Short Range Transportation Plan; D. DIRECTING the CEO to assume that all savings from the Exposition Light Rail Phase 2 project will be redirected to WPLE Section 2 project at such time as the Expo project is closed out and the necessary actions of the Metro Board of DirectorMon, 09 Jun 2025 05:08:27 GMT