City of Lomita City Council Adjourned Regular Meeting Agenda March 24 2026
Prop A Transportation Fund Exchange with City of Commerce
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Description
Lomita authorized the sale of $1,214,582 in restricted Prop A transportation funds to the City of Commerce in return for $850,000 in unrestricted General Fund revenue.
Contract Details
Contract Amount
$1,214,582 in LACMTA Prop A funds in exchange for $850,000 General Fund
Vendor
CITY OF COMMERCE
Agency
City of Lomita, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
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APPROVEDLomita City Council Adjourned Regular Meeting Agenda March 2026
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