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2018-0147
| | Public Hearing | CONSIDER:
A. ADOPTING the proposed FY19 Budget as presented in the budget document (provided in a separate transmittal and posted on metro.net); and
B. APPROVING the Life of Project (LOP) budgets for new capital projects with LOP exceeding $5 million, included in the proposed FY19 Budget and presented in Attachment A; and
C. APPROVING the Reimbursement Resolution declaring Metro’s intention to issue debt in FY19 for capital projects, as shown in Attachment B, with the provision that actual debt issuance will require separate Board approval; and
D. AMEND the proposed budget to include $2,000,000 for Expo Phase 1 and $20,624,400 for Expo Phase 2, as approved by Expo Construction Authority for fiscal year 2019, for a total addition of $22,624,400; and
E. AMEND the proposed budget to include $25,000,000 for farebox upgrade, as approved by the Board on April 18, 2018; and
F. AMEND the proposed budget to include $500,000 to begin the draft environmental study of the Crenshaw Northern Extension project upon identification of the preferred alternatives identified by the Boa | | |
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