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File #: 2017-0191   
Type: Project Status: Passed
File created: 3/17/2017 In control: Planning and Programming Committee
On agenda: 4/19/2017 Final action: 4/27/2017
Title: APPROVE the formal commitment of $905 $899.9 million of accelerated Measure R funds to Westside Purple Line Extension Section 3 (WSPLE3) to fulfill the Federal Transit Administration's financial rating requirements for Metro's New Starts project request of $1.175 $1.3 billion.
Sponsors: Planning and Programming Committee, Martha Welborne
Indexes: Construction, Federal Transit Administration, Measure M, Measure R, Metro Purple Line, New Starts Program, Project, Westside Subway Extension/Purple Line Extension Phase 3
Attachments: 1. Attachment A - Financial plan for the WSPLE3 FTA submittal revised 4-18-17
Meeting_Body
REVISED
PLANNING AND PROGRAMMING COMMITTEE
APRIL 19, 2017

Subject/Action
SUBJECT: WESTSIDE PURPLE LINE SECTION 3 MEASURE R COMMITMENT

ACTION: APPROVE COMMITMENT OF ACCELERATED MEASURE R FUNDS TO WSPLE 3

Heading
RECOMMENDATION

Title
APPROVE the formal commitment of $905 $899.9 million of accelerated Measure R funds to Westside Purple Line Extension Section 3 (WSPLE3) to fulfill the Federal Transit Administration's financial rating requirements for Metro's New Starts project request of $1.175 $1.3 billion.

Issue
ISSUE

This report includes the formal commitment of $905 $899.9 million of accelerated Measure R funds to WSPLE 3 to fulfill the Federal Transit Administration (FTA) financial rating requirements for Metro's New Starts project request of $1.175 $1.3 billion. To support the schedule outlined in the January 26, 2017 Board Report (File # 2016-0828) on WSPLE3 delivery, Metro is formally requesting FTA approval to enter engineering on this project. A commitment of the Measure R funds will greatly improve the likelihood of success in the financial capacity evaluation to be performed by FTA late this spring.

Discussion
DISCUSSION

In February 2016, the Metro Board of Directors approved taking the necessary steps to advance the WSPLE3 project as part of a larger package including other Measure R projects. Coupled with that February 2016 action was a contract modification in the amount of $28 million for advanced preliminary engineering and other design and support services for the WSPLE 3 project. In June 2016, the Metro Board of Directors approved the Measure M Expenditure Plan which proposed that the voters accelerate the WSPLE3 project from FY 2036 to as early as FY 2024 (as the first year of a three-year range for the opening date). Measure M and its Expenditure Plan were approved by the voters in November 2016. In January 2017, the Metro Board of Directors approved the amendment of Measure M into the Regional Transportation P...

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