Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
SEPTEMBER 15, 2022
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
Metro is the California Environmental Quality Act (CEQA) lead agency for the Los Angeles Aerial Rapid Transit Project ("Project"), which is completely funded by the Aerial Rapid Transit Technologies (ARTT), including reimbursement of Metro staff time. This receive and file report provides an update through August 2022.
Background
BACKGROUND
The Project will connect Los Angeles Union Station and Dodger Stadium via an aerial gondola system, expanding mobility options for transit riders. ARTT submitted an Unsolicited Proposal to Metro in April 2018 to fund/finance, design, construct, operate and maintain the Project. After reviewing the Phase I 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. A Memorandum of Agreement (MOA) between ARTT and Metro was executed in April 2019. Amendments to the MOA were executed in September 2021 and June 2022 to extend the date by which ARTT will submit updated project information, including construction and operating costs and a funding and financing plan, to September 30, 2022.
Metro issued the Notice of Preparation (NOP) for the Environmental Impact Report (EIR) under CEQA on October 1, 2020. During the NOP scoping period, Metro hosted a virtual scoping meeting, and a virtual open house was available throughout the scoping period. The Draft Environmental Impact Report (DEIR) is expected to be released in fall of 2022.
As a direct result of listening sessions within the communities along the alignment and engagement with proponents of Los Angeles State Historic Park, ARTT has cho...
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