Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
FEBRUARY 19, 2025
Subject
SUBJECT: MEASURE M MULTI-YEAR SUBREGIONAL PROGRAM ANNUAL UPDATE - LAS VIRGENES/MALIBU SUBREGION
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION
Title
CONSIDER:
A. APPROVING:
1. programming an additional $8,904,127 of Measure M Multi-Year Subregional Program (MSP) Active Transportation, Transit, and Tech Program, including inter-program borrowing of $4,531,812 from the Measure M MSP Highway Efficiency Program, shown in Attachment A;
2. programming an additional $15,221,093 within the capacity of Measure M MSP Highway Efficiency Program, as shown in Attachment B; and
B. AUTHORIZING the Chief Executive Officer (CEO) or their designee to negotiate and execute all necessary agreements and/or amendments for approved projects.
Issue
ISSUE
Measure M MSPs are included in the Measure M Expenditure Plan. All MSP funds are limited to capital projects. The annual update approves additional eligible projects for funding. It also allows the Las Virgenes/Malibu Subregion and implementing agencies to approve new eligible projects for funding and revise project scope of work, budgets, and schedules for previously funded projects.
This update includes changes to projects that have received prior Board approval and funding allocation for new projects. Funds are programmed through Fiscal Year (FY) 2027-28. The Board's approval is required to program additional funds. The updated project lists (Attachments A and B) serve as the basis for Metro to enter into agreements and/or amendments with the respective implementing agencies.
Background
BACKGROUND
In January 2019, the Board approved Las Virgenes/Malibu Subregion's first MSP Five-Year Plan and programmed funds in 1) Measure M MSP - Active Transportation/Transit/Tech Program (expenditure line 56); and 2) Measure M MSP - Highway Efficiency Program (expenditure line 57). Since the first Plan, staff has provided annual u...
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