Share to Facebook Share to Twitter Bookmark and Share
File #: 2015-1323   
Type: Informational Report Status: Filed
File created: 8/21/2015 In control: Board of Directors - Regular Board Meeting
On agenda: 9/24/2015 Final action: 9/24/2015
Title: RECEIVING AND FILING the status report on the operations of Metro's Pilot Crenshaw/LAX Transit Project Business Solution Center (BSC) and Metro's Pilot Business Interruption Fund (BIF).
Sponsors: Executive Management Committee
Indexes: Access Services Inc., Audit, Business Interruption Fund, Business Solution Center, Construction, Contractors, Crenshaw/LAX Transit Corridor Project, Evaluation and assessment, Grant Aid, Guidelines, Informational Report, Inglewood, Little Tokyo, Los Angeles International Airport, Metro Blue Line, Metro Center Street Project, Metro Crenshaw Line, Metro Exposition Line, Metro Gold Line, Metro Green Line, Metro Purple Line, Metro Rail A Line, Metro Rail C Line, Metro Rail E Line, Metro Rail L Line, Motion / Motion Response, Outreach, Pilot studies, Program, Program management, Rail transit, Regional Connector Transit Corridor Project, Research management, Surveys, Westside/Central Service Sector
Attachments: 1. Attachment A – Motion 79, 2. Attachment B – Motion 57, 3. Attachment C – Metro BSC Performance and Utilization Report, 4. Attachment D – Metro BIF Bi-Monthly Status Report
Meeting_Body
CONSTRUCTION COMMITTEE
EXECUTIVE MANAGEMENT COMMITTEE
SEPTEMBER 17, 2015

Subject/Action
SUBJECT: CRENSHAW/LAX PILOT BUSINESS SOLUTIONS CENTER (BSC) AND METRO'S PILOT BUSINESS INTERRUPTION FUND (BIF) REPORT
ACTION: RECEIVE AND FILE STATUS REPORT

Heading
RECOMMENDATION

Title
RECEIVING AND FILING the status report on the operations of Metro's Pilot Crenshaw/LAX Transit Project Business Solution Center (BSC) and Metro's Pilot Business Interruption Fund (BIF).

Issue
ISSUE
In July 2014, Metro's Board issued Motion 79 (Attachment A) which authorized the CEO to establish a Pilot Metro Business Solution Center (BSC) along the Crenshaw Corridor (Corridor). Thereafter, the Board of Directors issued Motion 57 (Attachment B) that authorized the CEO to establish a pilot program for a special Business Interruption Fund (BIF) for "mom and pop" businesses along the Crenshaw Line, Little Tokyo area along the Regional Connector and Phase I of the Purple Line Extension. Motion 57 requires Metro staff to report to the Board of Directors in September 2015 with an evaluation of the program including utilization levels and recommendations for program modification. This report covers Metro's BSC and BIF program activity through August 19, 2015.
Discussion
DISCUSSION
Since the adoption of the aforementioned Board motions and the Receive and File Status Report presented on April 16, 2015, Metro's staff continues to perform a series of actions for the ongoing operations and oversight of Metro's BSC and BIF pilot projects. Both the BSC and BIF have reached milestones and achievements such as the six month operations for Metro's BSC and the award of more than $1Million of BIF grant funds to small "mom and pop" businesses through Metro's BIF. Early observations, areas of focus for ongoing program operations including data demonstrating each programs performance have been gathered and assessed.


1. Crenshaw/LAX Pilot Business Solution Center ...

Click here for full text