Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
JUNE 17, 2021
Subject
SUBJECT: LOS ANGELES AERIAL RAPID TRANSIT PROJECT UPDATE
Action
ACTION: RECEIVE AND FILE
Heading
RECOMMENDATION
Title
RECEIVE AND FILE status report on the Los Angeles Aerial Rapid Transit project.
Issue
ISSUE
This Board report updates the Board of Directors on the status of the Los Angeles Aerial Rapid Transit project ("Project"). Metro is serving as the California Environmental Quality Act (CEQA) lead agency for the Project, which is completely funded by Aerial Rapid Transit Technologies LLC (ARTT), including Metro staff time. Project status updates to the Board have been presented twice in the past two years, in April 2019 and September 2020.
Background
BACKGROUND
ARTT, a private company, submitted an Unsolicited Proposal to Metro in April 2018 to fund/finance, design, construct, operate, and maintain the Los Angeles Aerial Rapid Transit gondola connecting Union Station and Dodger Stadium. After reviewing the Phase 1 submittal, Metro requested a Phase II of ARTT's Unsolicited Proposal for the Project. In December 2018, Metro formally concluded the Unsolicited Proposal process and began exclusive negotiations with ARTT. The Memorandum of Agreement (MOA) between ARTT and Metro was executed in April 2019. In accordance with the MOA, Metro will act as the lead agency for the Project's environmental clearance.
CEQA lead agency as defined under CEQA is the public agency which has the principal responsibility for carrying out or approving a project which may have a significant effect upon the environment. Cities and counties are frequently CEQA lead agencies for real estate developments, but this is the first time Metro is serving as the CEQA lead agency for a privately initiated and funded project.
Discussion
DISCUSSION
Alignment
The Project would connect Union Station and the Dodger Stadium via an aerial gondola system. The Project will be generally located in the public ri...
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