Meeting_Body
REGULAR BOARD MEETING
JUNE 27, 2019
Preamble
Motion by:
Hahn, Solis, Butts, Garcia and Najarian
Related to Item 38: Metro Pilot Crenshaw/LAX Transit Project
Business Solutions Center
As Metro continues to accelerate the Twenty-eight by '28 Project List, particularly the "4 Pillar Projects," there will soon be an extensive amount of construction activity across Los Angeles County.
These rail projects will bring high-quality transit to the neighborhoods with the fewest transportation alternatives. However, during construction, nearby businesses are likely to experience a significant interruption in their everyday operations. Many of those businesses exist in an area with existing barriers to economic development.
Over the last several years, Metro embarked on an unprecedented effort to mitigate the negative impacts of construction on small businesses. The implementation of the Metro Business Interruption Fund provides financial support to impacted businesses from the Regional Connector Project, Purple Line Extension Sections 1 and 2, and the Crenshaw/LAX Project. This program has made great strides in forming robust partnerships between Metro and the local business communities.
In addition, Metro deployed the pilot Metro Business Solutions Center (BSC), which went even further to provide technical, marketing, and financial assistance for the small and micro businesses along the Crenshaw/LAX Project corridor.
Since 2015, these complementary programs have created a template that other transit agencies have worked to replicate. The amount of investment, financial or otherwise, has minimized local small business losses and strengthened the relationships between Metro and the communities it serves. The success of these programs has created goodwill and will directly contribute to the long-term success of the projects themselves.
As Metro moves forward with its ambitious capital project timeline, the agency must take every reasonable step to ensur...
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