Metro Board of Directors Meeting Minutes October 2024
Gold Line Foothill Extension funding agreement amended
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Description
The Board authorized Amendment No. 4 to the funding agreement with the Metro Gold Line Foothill Extension Construction Authority to incorporate $798 million in CalSTA TIRCP formula funds authorized by SB125 for the Gold Line Foothill Extension Phase 2B2. This amendment updates the financial structure of the existing interagency funding arrangement.
Contract Details
Contract Amount
$798,000,000 (allocation of 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 existing funding agreement; modifies funding allocation to include $798,000,000 in TIRCP formula funding.
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AMENDEDIssuing Agency
Los Angeles County Metro Transit Authority
Special District
Los Angeles, CA
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