File #: 2020-0483   
Type: Policy Status: Passed
File created: 7/16/2020 In control: Board of Directors - Regular Board Meeting
On agenda: 8/19/2020 Final action: 8/27/2020
Title: AUTHORIZE the Chief Executive Officer ("CEO") to execute documents to sell various permanent and temporary easements ("Easements") as described in Exhibit A in a portion of the Southwest Yard Maintenance Facility located at 5623 - 5698 West Arbor Vitae Street to the City of Los Angeles World Airport ("LAWA") for the amount of Six Hundred Fifty-Six Thousand and Ninety-One Dollars ($656,091.00).
Sponsors: Finance, Budget and Audit Committee
Indexes: Aerial easement, Airport Metro Connector (AMC) Station Project, Budgeting, City of Los Angeles, Construction, Crenshaw/LAX Transit Corridor Project, Division 16, Easements, LAX/Metro Transit Center Station, Los Angeles International Airport, Maintenance facilities, Metro Rail C Line, Metro Rail E Line, Metro Rail K Line, Metro Vision 2028 Plan, Policy, Project, Property acquisition, Temporary Construction Easement
Attachments: 1. Exhibit A- Site Plan
Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE MEETING
AUGUST 19, 2020

Subject
SUBJECT: SALE OF EASEMENTS - SOUTHWEST YARD

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer ("CEO") to execute documents to sell various permanent and temporary easements ("Easements") as described in Exhibit A in a portion of the Southwest Yard Maintenance Facility located at 5623 - 5698 West Arbor Vitae Street to the City of Los Angeles World Airport ("LAWA") for the amount of Six Hundred Fifty-Six Thousand and Ninety-One Dollars ($656,091.00).

Issue
ISSUE

LAWA is planning, designing and constructing the Landside Access Modernization Program ("LAMP") which includes the Automated People Mover (APM) system (including the train, guideway, stations and other related improvements) to improve access to Los Angeles International Airport ("Airport"). LACMTA is planning, designing and constructing the Airport Metro Connector/96th Street Transit Station ("AMC Station") that will include an at-grade light rail station that is served by the Crenshaw/LAX Light Rail Project. Because LAWA and LACMTA are undertaking parallel construction activities for the LAMP and the AMC Station (collectively, "Projects") and because the Projects will be built in close proximity and during the same time period, there is collaboration and coordination with respect to the design and construction of the LAMP and the AMC Station. Board approval is required since the action is for the sale of property interests in real property which exceeds the authority of the CEO.

Discussion
DISCUSSION

The required Easements (see Exhibit A) will be utilized for the construction and operation of the APM elevated rail structure which will bisect the southerly portion of the Southwest Yard Maintenance Facility ("SW Yard") as well as the adjacent Crenshaw LAX railroad corridor. LAWA and LACMTA entered into a Master Cooperative Agreement dated February 6, 20...

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