Metro Board of Directors Meeting Agenda October 2024
Metro updates Gold Line funding agreement for $798M
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Description
Metro plans to execute Amendment No. 4 to its funding agreement with the Metro Gold Line Foothill Extension Construction Authority to program $798 million in state TIRCP funds for the Phase 2B2 extension. The amendment formalizes allocation of CalSTA SB 125 formula funding to the project.
Contract Details
Contract Amount
$798,000,000 (allocation of CalSTA TIRCP formula funding)
Vendor
METRO GOLD LINE FOOTHILL EXTENSION CONSTRUCTION AUTHORITY
Agency
Los Angeles County Metro Transit Authority, CA
Contract Type
FINANCIAL_SERVICES
Document Date
October 31, 2024
Renewal Info
Fourth amendment to the existing funding agreement; adjusts funding allocation but term details are not specified in the agenda item.
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AMENDEDMetro Board of Directors Meeting Minutes October 2024
AMENDEDIssuing Agency
Los Angeles County Metro Transit Authority
Special District
Los Angeles, CA
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