Metro - File #: 2020-0330

• File #: 2020-0330
• Type: Policy
• Status: Passed
• File created: 5/4/2020
• In control: Finance, Budget and Audit Committee
• On agenda: 6/17/2020
• Final action: 6/25/2020
• Title: CONSIDER: A. DECLARING that a portion of 5601 Century Boulevard (shown in Exhibit D as the "Fee Interest Property") is not necessary for use by LACMTA and is "exempt surplus land" as defined in Section 54221(f)(1) of the California Surplus Land Act (the "Act"). B. AUTHORIZING the Chief Executive Officer ("CEO") to execute documents to sell the Fee Interest Property and a street easement and storm drain easement in a portion of the Aviation Boulevard railroad right of way (shown in Exhibit D as the "Easement Property") to the City of Los Angeles, Department of Airports, known as the Los Angeles World Airports ("LAWA") for the amount of One Million, Seven Hundred Thirteen Thousand, and Forty Dollars ($1,713,040.00).
• Sponsors: Board of Directors - Regular Board Meeting
• Indexes: Airport Metro Connector (AMC) Station Project, Budgeting, City of Los Angeles, Construction, Crenshaw/LAX Transit Corridor Project, Easements, LAX/Metro Transit Center Station, Los Angeles International Airport, Metro Crenshaw Line, Metro Exposition Line, Metro Green Line, Metro Rail C Line, Metro Rail E Line, Metro Rail K Line, Metro Vision 2028 Plan, Plan, Policy, Program, Project, Property acquisition, Property management, Subsurface easement, Transfers
• Related files: 2020-0447

Date	Action By	Action	Result
6/25/2020	Board of Directors - Regular Board Meeting

Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE MEETING
JUNE 17, 2020

Subject
SUBJECT: SALE OF PROPERTY TO LOS ANGELES WORLD AIRPORT FOR LANDSIDE ACCESS MODERNIZATION PROGRAM
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION

Title
CONSIDER:

A. DECLARING that a portion of 5601 Century Boulevard (shown in Exhibit D as the "Fee Interest Property") is not necessary for use by LACMTA and is "exempt surplus land" as defined in Section 54221(f)(1) of the California Surplus Land Act (the "Act").

B. AUTHORIZING the Chief Executive Officer ("CEO") to execute documents to sell the Fee Interest Property and a street easement and storm drain easement in a portion of the Aviation Boulevard railroad right of way (shown in Exhibit D as the "Easement Property") to the City of Los Angeles, Department of Airports, known as the Los Angeles World Airports ("LAWA") for the amount of One Million, Seven Hundred Thirteen Thousand, and Forty Dollars ($1,713,040.00).

Issue
ISSUE

LAWA is planning, designing and constructing the Landside Access Modernization Program ("LAMP") consisting of the Automated People Mover, Intermodal Transportation Facilities, a Consolidated Rental Car Facility and roadway improvements to improve access to Los Angeles International Airport. LACMTA is planning, designing and constructing the Aviation/Century Transit Station and the Airport Metro Connector/ 96th Street Transit Station ("AMC Station") that will include an at-grade light rail station that is served by the Crenshaw/LAX Light Rail Project ("Crenshaw/LAX"). Because LAWA and LACMTA are undertaking parallel construction activities for the LAMP and the AMC Station and because the projects will be built in close proximity and during the same time period, there is collaboration and coordination with respect to design, construction, and land use.

LACMTA acquired 5601 Crenshaw Boulevard for the Crenshaw/LAX project. A portion of such acquisition, the Fee Interest Property, is not n...