Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JANUARY 18, 2023
Subject
SUBJECT: MEASURE M MULTI-YEAR SUBREGIONAL PROGRAM UPDATE - ARROYO VERDUGO SUBREGION
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
CONSIDER:
A. APPROVING:
1. Programming of an additional $3,537,374 within the capacity of Measure M Multi-Year Subregional Program (MSP) - Modal Connectivity and Complete Streets Projects, as shown in Attachment A;
2. Programming of an additional $8,848,631 within the capacity of Measure M MSP - Transit Projects, as shown in Attachment B;
3. Reprogramming of one previously awarded project in the Measure M MSP - Active Transportation Projects, as shown in Attachment C;
4. Inter-program borrowing and programming of $1,000,000 from the Subregion's Measure M MSP - Modal Connectivity and Complete Streets Projects to the Measure M MSP - Highway Efficiency, Noise Mitigation and Arterial Projects, as shown in Attachment D; and
B. AUTHORIZING the CEO or their designee to negotiate and execute all necessary agreements and/or amendments for approved projects.
Issue
ISSUE
Measure M MSPs are included in the Measure M Expenditure Plan. All MSP funds are limited to capital projects. The update allows the Arroyo Verdugo Subregion and implementing agencies to approve new eligible projects for funding, and revise project schedule and budgets.
This update includes changes to projects that previously received prior Board approvals and funding allocations for new projects. Funds are programmed through Fiscal Year (FY) 2025-26. The Board's approval is required to update the project lists, which serve as the basis for Metro to enter into agreements and/or amendments with the respective implementing agencies.
Background
BACKGROUND
In May 2019, the Metro Board of Directors approved Arroyo Verdugo Subregion's first MSP Five-Year Plan and programmed funds in: 1) Modal Connectivity/Complete Streets (expenditure line 62); and 2) Transit (e...
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