RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COMMERCE, CALIFORNIA, APPROVING A MEMORANDUM OF UNDERSTANDING WITH THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY (LACMTA) FOR THE LOS ANGELES COUNTY REGIONAL ZERO EMISSIONS TRANSIT CAPITAL PROGRAM (ZETCP) FUNDS Whereas, on September 26, 2024, the Los Angeles County Metropolitan Transportation Authority (LACMTA) Board adopted the Los Angeles County Regional Zero Emission Bus Procurement Policy. Senate Bill (SB) 125 Zero Emission Transit Capital Program will allocate $320.6 million to LACMTA, the county’s regional transportation planning agency, over four years beginning in 2024; and Whereas, the LACMTA Board approved advancing the total four-year allocation of $49.84 million in Proposition C, 40% Discretionary ZETCP funds for eligible transit operators. The ZETCP funds allow agencies to use the approved funds to fund transit operating and/or capital improvement projects; and Whereas, the City shall utilize the ZETCP funds per the guidelines adopted by LACMTA on September 26, 2024. LACMTA is the agency responsible for administering these funds, and the City's share of the program funding starting FY 2024 is $164,790. This MOU is in effect from October 1, 2024, through June 30, 2028; and Whereas, ZETCP funds may be used for operations only after the operator has drawn down fully on Federal COVID relief funding, including American Rescue Plan Act (ARPA) and Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act funding.
Whereas, this agenda item relates to the City’s strategic planning goal: "Grow revenues to ensure all expenses are being met so that we can remain fiscally responsible and continue to provide services to the residents." These subsidies will assist in mitigating transportation's operating and capital costs for the City.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COMMERCE DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1: The City Council of the City of Commerce approves the Memorandum of Understanding (MOU) MOUZET25COM1000 for Proposition “C” 40% Discretionary ZETCP Funds, with the Los Angeles County Metropolitan Transportation Authority (LACMTA).
PASSED, APPROVED, and ADOPTED this 10th day of December 2024. ____________________________
Hugo Argumedo, Mayor
ATTEST:
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Lena Shumway, City Clerk