Prop A Funds Exchanged with City of Commerce
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Description
The City Council authorized the Proposition A Assignment Agreement to exchange $1,214,582 in LACMTA Prop A funds with the City of Commerce in return for $850,000 in unrestricted general funds.
Contract Details
Contract Amount
$1,214,582 of LACMTA Prop A funds exchanged for $850,000 unrestricted General Fund
Vendor
CITY OF COMMERCE
Agency
City of Lomita, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
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Lomita City Council Agenda Packet 2026-06-16
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