AD-HOC CONGESTION, HIGHWAY AND ROADS COMMITTEE
SEPTEMBER 20, 2017
Subject
SUBJECT: INTERSTATE 5 HOV ENHANCEMENTS FUNDING AMENDMENT
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
CONSIDER:
A. ACKNOWLEDGING completion of construction of the segment of I-5 HOV Enhancements between SR 14 and SR 118 to close this segment of the overall project.
B. AUTHORIZING the Chief Executive Officer to move the balance of programmed amount up to $24.3 million from the segment between SR 14 and SR 118 to the remaining segments of I-5 HOV projects between SR 118 and SR 134.
C. AUTHORIZING retention of the $2.3 M revenues from the sale of excess land in the segment between SR 118 and SR 134 to remain in the remaining segments of the I-5 HOV Enhancements projects between SR 118 and SR 134 through the completion of the entire project.
Issue
ISSUE
In November 2011, construction of the segment of the I-5 HOV Enhancements projects between SR 14 and SR 118 was completed and this segment was opened to traffic. Caltrans ultimately completed all remaining activities of this segment in July 2017 and is ready to close this segment. Metro wishes to move the remaining balance of up to $24.3 million from this segment to other segments of this project still in construction between SR 118 and SR 134.
Staff also recommends retainage of $2.3 million revenue from the excess land sale in the segment between SR 118 and SR 170 (now completed) to remain in the project to support completion of all segments.
DISCUSSION
I-5 HOV Enhancements included five construction segments between SR 14 and SR 134 and six segments from Orange County Line to I-605. The I-5 HOV Enhancements were designed and are administrated by the State of California Department of Transportation (Caltrans) under various funding agreements with Metro.
Construction of the segment between SR 14 and SR 118 was completed in November 2011. The segment between 118 and 170 was completed on July 25, 2016 and the segment between SR 170 and Buena Vista was completed in December 2015. Segments between Buena Vista and Magnolia are still in construction.
In June 2016, Caltrans informed Metro of $2.3 million from an excess land sale in the corridor. Staff recommends retainage of those revenues in the I-5 north project corridor until completion of all segments.
In July 2017, Metro and Caltrans agreed to close out the segment between SR-14 and SR 118. (see Attachment A) Upon closure of this segment, Metro will move the balance of the programmed amount of up to $24.3 million to the remaining segments of the project. Completion of construction of the entire corridor is anticipated in 2021.
Determination_Of_Safety_Impact
DETERMINATION OF SAFETY IMPACT
There are no impacts to safety of the users of the highways by approving this action.
Financial_Impact
FINANCIAL IMPACT
With approval of recommendation B, the balance of $24.3 million in the I-5 HOV Enhancements between SR 14 and SR 118 will be reprogrammed to the I-5 HOV Enhancements between SR 118 and SR 134. These funds will be retained under Project 410001, Task 008355.
With approval of recommendation C, the programmed funds for the I-5 HOV Enhancement between SR 118 and SR 134 will be amended to include the $2.3 million retained under Project 410001, Task 008355.
Impact to Budget
The recommendations identified in B and C will not increase the project budgets for the current Fiscal Year 2018. Adjustments to the FY 18 budget will transfer funds from Highway Subsidies Project 41001, Task 002198 to the same Project 41001, under Task 008355 using the Highway Subsidies Cost Center 0442 and Subsidies to Others Account 54001.
Since this is a multi-year project, the Project Manager, the Cost Center Manager and the Senior Executive Officer, Program Management - Highway Program will be responsible for budgeting costs in future years for Metro's share within the updated project budget.
The source of funds for recommendation B is Prop C 25% ($20.40M), CMAQ ($3.75M) and RSTP ($0.15M) Funds, which are not eligible for bus or rail operations. No other funds were considered.
Alternatives_Considered
ALTERNATIVES CONSIDERED
The Board may choose not to approve staff recommendations stated herein. This option is not recommended as the retainage of the funds described herein in the project will support completion of the remaining segments of the I-5 HOV Enhancements north of SR 134.
Next_Steps
NEXT STEPS
Upon Board approval of the staff recommendation, amendments to the funding agreements with Caltrans will be executed.
Attachment
ATTACHMENT
Attachment A: Caltrans Supporting Letter
Prepared_by
Prepared by: Maher Subeh, Director Engineering (213) 922-4744
Wil Ridder, Executive Officer, Strategic Financial Planning and Programming (213) 922-2887
Abdollah Ansari, Senior Executive Officer, Highway Program (213) 922-4781
Bryan Pennington, Deputy Chief Program Management Officer, Program Management (213) 922-7449
Reviewed_By
Reviewed by: Richard F. Clarke, Chief Program Management Officer, (213) 922-7557
