City Council

16. Approve a Memorandum of Understanding with Los Angeles County\nMetropolitan Transportation Authority for the Washington Boulevard Bridge\nReconstruction Project, CIP No. 21285. (500)\nRecommendation:\n1. Approve a Memorandum of Understanding with Los Angeles County\nMetropolitan Transportation Authority, in a form approved by the City\nAttorney, in the amount of $3,739,267 in Metro’s Measure M Multi-Year\nSubregional Program -I-605 Corridor Hot Spot Interchange Improvements\nMulti-Modal Program for the Washington Boulevard Bridge Reconstruction\nProject, CIP No. 21285;\n2. Accept grant funds in the amount of $3,739,267 from the Metro Measure M\nMSP Funds;\n3. Amend the fiscal year (FY) 2023-24 Adopted Budget by increasing $527,767\nin Revenue Account No. 208.00.0000-45776-CIP.21285 (Measure M Fund\n– Grant Program); and\n4. Amend the FY 2024-25 approved budget by increasing $11,500 in Revenue\nAccount No. 208.00.0000-45776-CIP.21285 (Measure M Fund – Grant\nProgram), as an estimated amount of $3,200,000 had been initially\nbudgeted.