https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2361698&GUID=95FFA3C3-98AC-4465-9C33-BC40C1FA06D6Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2361698&GUID=95FFA3C3-98AC-4465-9C33-BC40C1FA06D695FFA3C3-98AC-4465-9C33-BC40C1FA06D6-2026-05-26-06-10-33Title: APPROVED Antonovich, Knabe, Solis and Najarian Motion as amended by Dupont-Walker that the Board directs the CEO to develop a policy on the use of Metrolink-dedicated sources of funding (Proposition C 10% and Measure R 3%) that embodies at minimum the following principles. A. The first priority for the use of these funding categories is for Metrolink core functions of operations, maintenance, safety and rehabilitation capital improvements, and State of Good Repair projects; B. All subordinate demands for these sources of funding shall not draw down funding from nor encumber debt upon these funding sources that are necessary to support the projected demands of Metrolink core functions unless sufficient capacity for future years can be demonstrated; and C. A quarterly written report shall be presented to the Board that reviews and tracks at minimum the project implementation timelines, cashflow, costs, and Life-of-Project budget for Metrolink (Los Angeles County) and Metro Regional Rail programs and projects. WE FURTHER MOVE that the Board directs the CEO to work with Tue, 26 May 2026 06:10:33 GMT