File #: 2023-0380   
Type: Motion / Motion Response Status: Passed
File created: 5/19/2023 In control: Board of Directors - Regular Board Meeting
On agenda: 5/25/2023 Final action: 5/25/2023
Title: APPROVE Motion by Directors Butts, Horvath, and Najarian that the Board direct the Chief Executive Officer to: A. Program up to $108M in Sub-Regional Equity Program Funds allocated to the South Bay Council of Governments to serve as a backstop for the Inglewood Transit Connector Project, in accordance with the Board-approved Subregional Equity Program Guidelines; and B. Amend the Measure R Agreement 22-024 by and between the Los Angeles County Metropolitan Transportation Authority ("LACMTA") and City of Inglewood ("City") for the Inglewood Transit Connector (the "Project"), (Project ID# MRINGITC and FTIP# LA99ITC101) to clarify that backstop funding is a potentially eligible use of the funding source.
Sponsors: Board of Directors - Regular Board Meeting
Indexes: Ara Najarian, Construction, Federal Transit Administration, Grade separations, Grant Aid, Hollywood, Inglewood, Inglewood Transit Connector Project, James Butts, Joint Powers Agreement, Lindsey Horvath, Measure R, Metro Rail K Line, Motion / Motion Response, Olympic games, Project, South Bay Cities subregion, South Bay Service Sector, South Bay Subregion Council of Governments, Subregional Equity Program, Vehicle miles of travel, Westside/Central Service Sector
Meeting_Body
REGULAR BOARD MEETING
MAY 25, 2023

Preamble
Motion by:

DIRECTORS BUTTS, HORVATH, AND NAJARIAN

Advancement of the Inglewood Transit Connector Project Motion

The Inglewood Transit Connector (ITC) Project will address a critical gap in the region's transportation network by connecting the Metro K Line to the Kia Forum, Sofi Stadium, Hollywood Park, and the Intuit Dome, as well as to the City of Inglewood's (City) major housing, employment and retail hub. In addition to addressing a "first/last" mile gap, the 1.6-mile automated transit system is anticipated to dramatically reduce greenhouse gases through a reduction in millions of vehicle miles traveled, create thousands of construction and permanent jobs, and further economic investment in a Metro Equity Focused Community.

In April 2021, the Metro Board of Directors voted unanimously to direct the Chief Executive Officer to develop and implement a collaborative and coordinated Federal Transit Administration (FTA) engagement strategy to secure federal grants, including Capital Investment Grants (CIG) and any available federal funding that may be committed in support of the 2028 Olympic and Paralympic Games for the Inglewood Transit Connector Project.

In July 2022, the City and Metro officially established a Joint Powers Authority (JPA), which is solely dedicated to overseeing the design, construction, financing, operation, and maintenance of the ITC Project.

Over the past year, the Project has made significant strides, having received compliance with the California Environmental Quality Act and a Finding of No Significant Impact in compliance with the National Environmental Policy Act. The City has also secured $765 million in local, state and federal funding, and has been working closely with the FTA to secure federal transit funds to complete the project.

Acting as the procurement agent for the Project, the City has qualified and engaged three developer teams who are anticipated to bid o...

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