File #: 2016-0549   
Type: Program Status: Consent Calendar
File created: 7/6/2016 In control: Board of Directors - Regular Board Meeting
On agenda: 8/18/2016 Final action: 8/25/2016
Title: APPROVE the following actions for Round 2 of the Metro ExpressLanes Net Toll Revenue Reinvestment Grant Program, in the amount of $54,155,000. A. a total of $6,000,000 to be deposited into Reserve Accounts - $2,400,000 for the I-10 and $3,600,000 for the I-110; B. a total of $13,800,000 for continued incremental Transit Service improvements (see Attachment A for detailed distribution). C. a total of $5,580,000 for Caltrans for improvements to the I-10 and I-110 freeway corridors (list of improvements provided in Attachment B) D. the I-10 recommended projects and funding awards totaling $10,239,525 and program $920,475 in reserve for the corridor as shown in Attachment C E. the I-110 recommended projects and funding awards totaling $17,615,000 which includes $875,000 from Round 1 as illustrated in Attachment D F. ADMINISTER the grant awards and Transit funding with the requirement that funding recipients bear all responsibility for cost increases; and, G. AUTHORIZE the Chief Executive...
Sponsors: Planning and Programming Committee
Indexes: Application, Budgeting, City of Los Angeles, Congestion Reduction Demonstration, Council Of Governments, El Monte, Gardena, Grant Aid, Guidelines, I-10, I-110, Los Angeles Neighborhood Initiative, Metro ExpressLanes, Program, Project, Safety, San Gabriel, South Bay Cities subregion, State laws, Technical Advisory Committee, Tolls, Torrance, Transit System
Attachments: 1. Attachment A, 2. Attachment B, 3. Attachment C, 4. Attachment D, 5. Attachment E, 6. Attachment F
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTE COMMIITTEE
AUGUST 18, 2016

Subject/Action
SUBJECT: METRO EXPRESSLANES NET TOLL REVENUE REINVESTMENT EXPENDITURE PLAN - ROUND 2

ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATIONS

Title
APPROVE the following actions for Round 2 of the Metro ExpressLanes Net Toll Revenue Reinvestment Grant Program, in the amount of $54,155,000.
A. a total of $6,000,000 to be deposited into Reserve Accounts - $2,400,000 for the I-10 and $3,600,000 for the I-110;
B. a total of $13,800,000 for continued incremental Transit Service improvements (see Attachment A for detailed distribution).
C. a total of $5,580,000 for Caltrans for improvements to the I-10 and I-110 freeway corridors (list of improvements provided in Attachment B)
D. the I-10 recommended projects and funding awards totaling $10,239,525 and program $920,475 in reserve for the corridor as shown in Attachment C
E. the I-110 recommended projects and funding awards totaling $17,615,000 which includes $875,000 from Round 1 as illustrated in Attachment D
F. ADMINISTER the grant awards and Transit funding with the requirement that funding recipients bear all responsibility for cost increases; and,
G. AUTHORIZE the Chief Executive Officer (CEO) or his designee to enter into funding agreements with grantees and Transit service providers.

Issue
ISSUE

In October 2015 the Board approved the Guidelines for the Net Toll Revenue Allocation (Attachment E) and in January 2016 the Board approved the application package, including the evaluation criteria, for the grant program (Attachment F). Staff began the grant process in early February with a Board approved submittal deadline of May 16, 2016. A total of 28 applications requesting $60,328,680 in funding were received. Based on the technical evaluations and in consultation with the Corridor Advisory Group (CAG) Subcommittee, staff recommends funding of 21 projects totaling $27,854,525 in Metro grant approval.

Based on th...

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