Meeting_Body
2nd REVISED
CONSTRUCTION COMMITTEE
JULY 18, 2019
Subject
SUBJECT: METRO GOLD LINE EXTENSION TO CLAREMONT
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION
Title
DIRECT the Chief Executive Officer to:
A. Finalize negotiations with the Gold Line Foothill Extension Construction Authority (Construction Authority) for Metro to commit $126 million in order to ensure the extension of the Foothill Alignment to Pomona station; and
B. Apply the San Gabriel Valley Subregional Equity funds to offset the Gold Line to Pomona shortfall.
Issue
ISSUE
New bids received by the Construction Authority in May 2019 for the Phase 1 alignment terminating in Pomona generated a funding shortfall, as anticipated in the January 2019 Metro Board Report. After cost savings are applied pursuant to the Metro Unified Cost Management Policy (UCMP) to reduce scope, apply value engineering and other cost reductions on the project, the remaining shortfall is $126M. Preliminary cash flow projections indicate funds may be needed starting in 2023 during the course of the project in incremental amounts over approximately 4 years.
Discussion
DISCUSSION
Background: The original Gold Line Foothill Extension to Claremont and beyond to Montclair is a proposed light rail transit (LRT) line starting from the existing Metro Gold Line Azusa station. The project development and construction is managed by the Construction Authority.
The Construction Authority received bids for constructing the original project alignment that exceed the budget by $570 million. As a result of the high bids, the Metro Board, at the January 2019 meeting, approved a phased approach for implementing construction of the project. Phase 1 would complete the alignment to Pomona as the initial terminus station and Phase 2 would extend the line to Claremont and beyond to Montclair. Metro is committed to working with the Construction Authority to continue to explore funding options for Pha...
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