Metro - File #: 2021-0377

• File #: 2021-0377
• Type: Ordinance / Administrative Code
• Status: Passed
• File created: 5/25/2021
• In control: Board of Directors - Regular Board Meeting
• On agenda: 7/22/2021
• Final action: 7/22/2021
• Title: CONSIDER: A. APPROVING the Measure R Ordinance Amendment (Attachment A); B. APPROVING the Measure R Transit Program Guidelines (Attachment B); C. PROGRAMMING of projects in the Measure R South Bay Transit Investments program, as shown in Attachment C; and D. AUTHORIZING the CEO or their designee to negotiate and execute all necessary agreements and/or amendments for approved projects, including: 1. the potential future reassignment to the Inglewood Transit Connector Joint Exercise of Powers; and 2. advancement of $1.9 million in working capital funds as part of the funding agreement. (REQUIRES 2/3 VOTE OF THE FULL BOARD)
• Sponsors: Planning and Programming Committee
• Indexes: Agreements, Budgeting, Carson, City of Los Angeles, Construction, El Segundo, Gardena, Guidelines, Hawthorne, Hermosa Beach, I-5, Inglewood, Inglewood Transit Connector Project, Joint Powers Agreement, Lawndale, Lomita, Manhattan Beach, Measure R, Ordinance / Administrative Code, Palos Verdes Estates, Program, Project, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, South Bay Cities subregion, South Bay Service Sector, South Bay Subregion Council of Governments, Southern California Highways, Torrance, Transfers

Date	Action By	Action	Result
7/22/2021	Board of Directors - Regular Board Meeting
7/15/2021	Executive Management Committee

Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
JULY 15, 2021

Subject
SUBJECT: MEASURE R ORDINANCE AMENDMENT

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
CONSIDER:

A. APPROVING the Measure R Ordinance Amendment (Attachment A);

B. APPROVING the Measure R Transit Program Guidelines (Attachment B);

C. PROGRAMMING of projects in the Measure R South Bay Transit Investments program, as shown in Attachment C; and

D. AUTHORIZING the CEO or their designee to negotiate and execute all necessary agreements and/or amendments for approved projects, including:

1. the potential future reassignment to the Inglewood Transit Connector Joint Exercise of Powers; and

2. advancement of $1.9 million in working capital funds as part of the funding agreement.

(REQUIRES 2/3 VOTE OF THE FULL BOARD)

Issue
ISSUE

This Board action approves an amendment to the Measure R Ordinance (the Ordinance) to allow transfers between the highway and transit subfunds and adds a program of transit projects requested by the South Bay subregion.

The added program of projects is for transit uses and would be the first Measure R transit program. This action approves Measure R Transit Guidelines that create a process and eligibility requirements to ensure the requested uses of funds for this program are consistent with the provisions of the Ordinance, existing Board policy, and other statutory requirements.

Should the Board approve the amendment and guidelines, this item would program $233.7 million of funding from Fiscal Year (FY) 2021-22 through FY26 for the Inglewood Transit Connector (ITC) project, as a component of the South Bay Transit Investments program. The Board's approval will serve as the basis for Metro to enter into a funding agreement with the implementing agency.

The City of Inglewood intends to transfer the ITC assets, including any grant and funding agreement, to a joint powers authority. Metro's Measure R funding agreements have hi...