April 28,
2005
CONTACT--
Ed Scannell/Marc Littman
Metro MEDIA RELATIONS
(213) 922-2703/(213) 922-2700
www.metro.net/press/pressroom
FOR
IMMEDIATE RELEASE
|
Metro Approves Exposition Light Rail Transit Project Funding Plan
The
Los Angeles County Metropolitan Transportation Authority Board of
Directors today approved a $640 million full funding plan for
construction of the Exposition Light Rail Transit Project, which would
operate from downtown Los Angeles to Venice/Robertson Boulevards in
Culver City. The plan includes the use of local funding instead of
federal New Starts funding, thereby keeping the project on an
accelerated schedule for a June 2010 completion. "The
Expo project will have great significance for L.A.'s westside and the
region," said Frank Roberts, Los Angeles County Metropolitan
Transportation Authority Board Chair. "In addition to providing an
east-west commuting option through the heart of Los Angeles, this line
will link users to the rest of the Metro Rail System and aid Los Angeles
County in its ongoing efforts to meet some of the nation's most
stringent air quality requirements." The
funding plan anticipates the use of $127.5 million in federal Congestion
Mitigation and Air Quality Improvement (CMAQ) funds, $90.3 million in
Proposition C 25% funds, $9.8 in federal Transportation Enhancements
Activities (TEA) funds, $15 million in other federal disretionary funds,
and up to $50 million in local contributions from cities and private
stakeholders along the route. These
proposed new funding sources will augment existing funding committements,
including $87.5 million in CMAQ funds; $240.9 million in Proposition C
25% transit-related highway funds; $3.8 million in federal TEA funds;
$4.2 million in Proposition C 10% funds (commuter rail/transit centers);
and $11.0 million in state funds from the Traffic Congestion Relief
Program (TCRP). "In
recent years the nationwide competition for federal New Starts funding
has grown considerably and the Federal Transit Administration's
evaluation process for this funding has become very time consuming,"
said Rick Thorpe, Metro's chief capital management officer. "This
new funding plan allows us to complete the project and bring relief to
one of the County's most congested corridors three to five years
sooner." The
Exposition Light Rail Project will provide significant transportation
improvements that will directly benefit the cities of Los Angeles and
Culver City. Next
steps include issuance of a Final Environmental Impact Statement/Report
(FEIS/FEIR), followed by the receipt of a Record of Decision (ROD) for
the project from the Federal Transit Administration. FTA environmental
clearance (as represented by issuance of the ROD) is needed to enable
the Exposition Construction Authority to award a contract for design and
construction of the project beginning in early 2006. The
9.6-mile Exposition light rail line will share common track and two
stations (7th St./Metro Center and Pico/Chick Hearn) with the
Metro Blue Line as it leaves downtown Los Angeles. Just south of
downtown the line will proceed west on the Metro-owned rail right-of-way
on Exposition Boulevard, which parallels the heavily congested I-10
Freeway, with a terminus at Venice/Robertson. Approximately
eight new stations will be constructed between downtown L.A. and Culver
City. A future second phase would extend the Exposition line to the City
of Santa Monica. metro-058 |