City Council

RI-9 FUND EXCHANGE AGREEMENT WITH METRO - Staff recommends City Council approve a\nFunding Exchange Agreement with Los Angeles County Metropolitan Transportation Authority that\nexchanges $489,153 of City STPL funds and $374,607 of HIP funds for a net (after 2% fee) of\n$846,485 of Metro Local Transportation funds and authorize the City Manager to sign the Agreement\nsubject to approval of form by the City Attorney.