Location & Date
Metro Board Room, One Gateway Plaza, 3rd Floor,
Thursday, September 26, 2013 9:00 a.m.
Call to order:
Diane DuBois, Chair
Eric Garcetti, 1st Vice Chair
Mark Ridley-Thomas, 2nd Vice Chair
Michael D. Antonovich
Ara J. Najarian
Carrie Bowen, non-voting member
Chief Executive Officer – Arthur T. Leahy
Board Secretary - Michele Jackson
Ethics Officer - Karen Gorman
Acting Inspector General – Karen Gorman
General Counsel - County Counsel
1. ADOPT a resolution to authorize the following actions:
A. ratify and approve the Crenshaw Project Corporation's (CPC or the Corporation) execution and delivery of the Transportation Infrastructure Finance and Innovation Act (TIFIA) Loan Agreement, Transportation Investment Generating Economic Recovery (TIGER) Grant and related documents;
B. adopt the revised CPC Bylaws that have been amended to reflect minor updates; and
C. authorize the Chief Executive Officer and other Authorized Officers to negotiate and execute an amendment to the agreements between the CPC and the U.S. Department of Transportation, and with the Los Angeles County Metropolitan Transportation Authority (LACMTA) for the $546 million TIFIA Loan and the TIGER Grant with the Federal Transit Administration (FTA), for the Crenshaw/LAX Transit Corridor Project to address the June 2013 LACMTA Board-approved project changes, and administrative changes.
2. APPROVE Minutes of the Crenshaw Project Corporation Board Meeting held on June 28, 2012.
3. RECEIVE public comment.
Consideration of items not on the posted agenda, including: items to be presented and (if requested) referred to staff; items to be placed on the agenda for action at a future meeting of the Board; and/or items requiring immediate action because of an emergency situation or where the need to take immediate action came to the attention of the Board subsequent to the posting of the agenda.
COMMENTS FROM THE PUBLIC ON ITEMS OF PUBLIC INTEREST WITHIN BOARD'S SUBJECT MATTER JURISDICTION