To: MAYOR AND CITY COUNCIL
From: ANDREW WINJE, PUBLIC WORKS DIRECTOR
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APPROVE AMENDMENT NO. 8 TO FUNDING AGREEMENT #MOU.MR312.20 WITH THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY FOR THE AVIATION BOULEVARD AT ARTESIA BOULEVARD INTERSECTION IMPROVEMENTS PROJECT, JOB NO. 40780, TO ADD AN ADDITIONAL $1,000,000 IN MEASURE R FUNDS APPROVED FOR FY 2024-25, AN ADDITIONAL $1,500,000 IN MEASURE R FUNDS APPROVED FOR FY 2025-26, AND TO EXTEND THE LAPSING DATE OF FY 2021-22 FUNDS TO JUNE 30, 2026.
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EXECUTIVE SUMMARY
The City of Redondo Beach has received $15.748 million from Los Angeles County Metropolitan Transportation Authority (Metro) in Measure R Highway Program funds for seven regional street improvement projects endorsed by the Infrastructure Working Group of the South Bay Cities Council of Governments (SBCCOG). One of these projects, the Aviation Boulevard at Artesia Boulevard Intersection Improvements (Northbound Right Turn Lane Addition) Project, Job No. 40780, initially received $2.457 million in awarded funds for design, right-of-way acquisition, and construction. The acquisition of the property needed to complete the project required significant legal work and expense. Accordingly, at the City's request, the Metro Board approved an additional $2.5 million in funding to cover the extra right-of-way acquisition costs, legal fees associated with property acquisition, and increased construction expenses estimated due to inflation. With approval of the proposed amendment, Metro's commitment for the project to date will be $4.957 million.
Additionally, the Metro Board awarded the City $400,000 of construction contingency funding, but staff has not yet received the Funding Agreement for these monies. When the agreement for these funds is received, a ninth amendment will be presented to City Council for consideration, that if approved would bring the total project budget to $5.357 million.
Each project funding agre...
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