Metro - File #: 2022-0152

• File #: 2022-0152
• Type: Informational Report
• Status: Filed
• File created: 3/8/2022
• In control: Board of Directors - Regular Board Meeting
• On agenda: 4/28/2022
• Final action: 4/28/2022
• Title: AUTHORIZE the Chief Executive Officer to execute a Funding Agreement with the City of Los Angeles for the 7th Street Streetscape Improvements project in the negotiated amount of $3,500,000.
• Sponsors: Construction Committee
• Indexes: Budgeting, Central Los Angeles subregion, City of Los Angeles, Construction, Curbs, Division 01, Division 1 Expansion, Gateway Cities subregion, Informational Report, Metro Divisions, Montebello, Pedestrian safety, Pedestrians, Plan, Project, Safety, San Fernando Valley subregion, South Bay Cities subregion, Vacations, Westside Cities subregion

Date	Action By	Action	Result
4/28/2022	Board of Directors - Regular Board Meeting
4/21/2022	Construction Committee

Meeting_Body
CONSTRUCTION COMMITTEE
APRIL 21, 2022

Subject
SUBJECT: METRO DIVISION 1 INDUSTRIAL STREET VACATION AND CITY OF LOS ANGELES 7TH STREET STREETSCAPE IMPROVEMENTS NEGOTIATED FUNDING AGREEMENT

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer to execute a Funding Agreement with the City of Los Angeles for the 7th Street Streetscape Improvements project in the negotiated amount of $3,500,000.

Issue
ISSUE

Metro and the City of Los Angeles have partnered together and entered into a negotiated settlement agreement. Board action is requested to execute the Funding Agreement with the City of Los Angeles based on Metro's review of the Industrial Street Vacation Conditions. On November 24, 2021, the City Council adopted the City Engineer's Vacation of Industrial Street between Alameda Street and Central Avenue Report with four of the thirteen Conditions Metro objected deleted in exchange for $3,500,000. Execution of the Funding Agreement would fulfill Metro's commitment as it relates to the four deleted Conditions of the City's Engineer Report.

Background
BACKGROUND

The Metro Board approved the Division 1 Land Acquisition and Expansion project in February 2001 which included vacating Industrial Street between Alameda Street and Central Avenue.
On February 24, 2004, the Board approved the acquisition of the parcels through Eminent Domain located on the West side of Alameda Street, between Industrial Street and 7th Street in Los Angeles, required for the construction and operation of the Division 1 Land Acquisition and Expansion project.
Metro originally initiated VAC E1400917, which expired on January 14, 2008. As part of Metro's Vacation request, the City approved Revocable Permit R-0450-0096 issued on December 10, 2004. Metro is currently operating under this permit and utilizing a major portion of Industrial Street for Division 1 operations. Metro had significant objections to the ...