Meeting_Body
REGULAR BOARD MEETING
JUNE 27, 2024
Subject
SUBJECT: STATE ROUTE 71 (SR-71) GAP CLOSURE NORTH SEGMENT PROJECT (PHASE 2), DESIGN
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION
Title
CONSIDER:
A. APPROVING adjustment of the FY25 Budget which currently has $30 million for SR-71 South Segment Project to provide separate budget line items: $10 million for the SR-71 North Segment Project and $20 million for the SR-71 South Segment Project;
B. APPROVING the programming of $10 million in Measure M funds to support design activities for the SR-71 North Segment Project (Phase 2); and
C. AUTHORIZING the Chief Executive Officer or their designee to execute and/or amend all necessary programming documents and project agreements for Phase 2 design activities.
(RECOMMENDATION B WAS CARRIED OVER FROM THE MAY REGULAR BOARD MEETING)
Issue
ISSUE
In November 2022, the California Department of Transportation (Caltrans) suspended design work on Phase 2 because of a $10,000,000 funding gap. To date, approximately 40% of the Phase 2 design work has been completed by Caltrans with Federal Repurposed Funds as the fund source. Closing the funding gap will allow Caltrans to resume final design work and complete the Plans, Specifications and Estimates (PS&E) for the construction of the last phase of work in Los Angeles County. Also, it is anticipated finalizing the Phase 2 design plans will demonstrate project readiness and make future Metro grant applications for construction funding more competitive.
Measure M funds were allocated to the SR-71 Gap (in its entirety) in the Measure M Expenditure Plan. Approval of the recommendations set forth in this Board report will allocate separate budgets for Phases 1 and 2 in FY25; and allow staff to program Measure M funds to Phase 2 for design activities. Funding for both SR-71 segments was originally part of the FY25 Proposed Budget that was brought to the Board for adoption in ...
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