City Council

14. FINANCE COMMITTEE: AUTHORIZE THE CITY MANAGER TO ENTER INTO A FUNDING AGREEMENT WITH THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY (METRO) TO ACCEPT METRO PROPOSITION C FULFILLMENT FUNDS FOR UNPROGRAMMED SURFACE TRANSPORTATION PROGRAM-LOCAL (STP-L) IN THE AMOUNT OF $418,646 FOR THE TRAFFIC SIGNAL AT DEL MAR BOULEVARD AND KINNELOA AVENUE PROJECT AND AMEND THE FY 2026 CIP BUDGET TO APPROPRIATE $418,646 (Transportation Dept.) Recommendation: It is recommended that the City Council: (1) Find that the action proposed in the agenda report is categorically exempt from the California Environmental Quality Act (CEQA) pursuant to State CEQA Guidelines Section 15301; (2) Authorize the City Manager to enter into a funding agreement with Metro to receive Proposition C fulfillment funds for unprogrammed STP-L balance in the amount of $418,646 and execute any subsequent agreements regarding this grant award; and (3) Amend the Fiscal Year 2026 Capital Improvement Program (CIP) Budget to recognize and appropriate $418,646 in STP-L Proposition C fulfillment funds to the Traffic Signal at Del Mar Boulevard and Kinneloa Avenue Project (75922).