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File #: 2015-1083   
Type: Program Status: Passed
File created: 7/7/2015 In control: Planning and Programming Committee
On agenda: 7/15/2015 Final action: 7/23/2015
Title: PLANNING AND PROGRAMMING COMMITTEE RECOMMENDED (3-0) authorizing the obligation of $90 million in federal Regional Surface Transportation Program funds for the Interstate 405 Sepulveda Pass Improvements project.
Sponsors: Planning and Development (Department)
Indexes: Budgeting, Construction, High occupancy vehicle lanes, I-405, Program, Project, Regional Surface Transportation Program, Regional transportation, Short Range Transportation Plan, Tolls
Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JULY 15, 2015

Subject/Action
SUBJECT: I-405 SEPULVEDA PASS IMPROVEMENTS PROJECT

ACTION: AUTHORIZATION TO OBLIGATE UP TO $90 MILLION IN FEDERAL REGIONAL SURFACE TRANSPORTATION PROGRAM FUNDS

Heading
RECOMMENDATION

Title
PLANNING AND PROGRAMMING COMMITTEE RECOMMENDED (3-0) authorizing the obligation of $90 million in federal Regional Surface Transportation Program funds for the Interstate 405 Sepulveda Pass Improvements project.

Issue
ISSUE

The programming of federal Regional Surface Transportation Program funds in Los Angeles County is a responsibility of the Metro Board of Directors while the administration of federal funds in the Highway Title of MAP-21 are a Caltrans responsibility. To successfully perform the administrative functions, Caltrans requires that the Metro Board of Directors approve the programming of these resources in a timely manner. The Metro Board of Directors must act in July 2015 if we are to preserve the ability to utilize this fund source for the forecasted final cost of the project.

The 2006 California State Senate Bill 1026 authorized Metro to conduct a demonstration program to enter into a design-build contract for the construction of the northbound high-occupancy vehicle (HOV) lane and related improvements on Interstate 405 freeway through the Sepulveda Pass that would complete the final link in one hundred miles of HOV lanes stretching from Orange County to North Los Angeles County. As the project lead, Metro must work with Caltrans to secure the appropriate funds for the project.

Discussion
DISCUSSION

To date, the Board has approved three increases to the project budget, which is presently $1,141.4 million. While this action does not increase the Life of Project (LOP) budget, our forecast of the costs to complete the project warrant the preservation of this funding option. Specifically, the action preserves our ability to utilize federal f...

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