Meeting_Body
REGULAR BOARD MEETING
DECEMBER 3, 2015
Subject/Action
SUBJECT: METRO's SHARE OF THE SOUTHERN CALIFORNIA REGIONAL RAIL AUTHORITY'S (METROLINK) PURCHASE OF 2 NEW LOCOMOTIVES AND THE LEASE OF BNSF RAILWY'S (BNSF) LOCOMOTIVES
ACTION: APPROVE FUNDING ACTIONS
Heading
RECOMMENDATION
Title
AUTHORIZE AND APPROVE the appropriation of:
A. $3.0 million in Measure R 3% - Metrolink Capital funds as match to $9.9 million in State grant funds for the procurement of 2 locomotives; and
B. an amount not to exceed $3.3 million of Proposition C 10% - Commuter Rail funding in support of Metrolink's temporary lease of up to 40 BNSF locomotives.
Issue
ISSUE
Metrolink has requested Metro share for the purchase of two new locomotives and the temporary lease of up to 40 BNSF Locomotives (Attachment A).
Discussion
DISCUSSION
Locomotive Procurement
During 2015, Metrolink received Metro supported grants from the State of California in the amount of $41 million in Transit and Intercity Rail Capital Program (TIRCP) funds and up to $58.85 million in Carl Moyer funds from the Southern California Air Quality Management District (SCAQMD) for the procurement of up to 20 new low emission Tier 4 locomotives.
The action requested in recommendation A provides the necessary local match to the State TIRCP funds for 2 Metro requested locomotives to provide the necessary equipment capacity for future service expansion in Los Angeles County.
The total cost of the two locomotives, including necessary inspections and project management is $12.9 million. With the leveraging of State funding, Metro's contribution requirement is reduced to $3.0 million, or 23% of the costs of the 2 locomotives. Metrolink has previously exercised an option for 17 of 20 locomotives and the remaining option on 3 locomotives expires on January 31, 2016.
Lease of BNSF Locomotives
Metrolink currently operates, in accordance with standard industry practice, in a Push/Pul...
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