Civic IQ
FINANCIAL_SERVICESAPPROVED

Lomita City Council Adjourned Regular Meeting Agenda March 2026

Prop A Funds Exchanged with City of Commerce

$1,214,582 of LACMTA Prop A funds exchanged for $850,000 unrestricted General FundCity of LomitaCITY OF COMMERCEMarch 24, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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