Monterey Park
City Council
Agenda Item J
3-J. PROPOSITION A DISCRETIONARY INCENTIVE GRANT PROGRAM MEMORANDUM OF\nUNDERSTANDING (MOU)\nIt is recommended that the City Council consider:\n(1) Authorizing the Interim City Manager to execute a Memorandum of Understanding, in a\nform approved by the City Attorney, with the Los Angeles County Metropolitan\nTransportation Authority to receive Proposition A Discretionary Incentive grant program\nrevenue in the amount of $118,942 for FY 2023-24;\n(2) Appropriating anticipated revenue of $118,942 to Prop A Fund 238; and\n(3) Taking such additional, related, action that may be desirable.