FTIP#: LA9918831
Subregion ID: South Bay
Project ID#: MM5508.04
Amendment No. 3
FA#: 9200000000M550804
Rev: 07.25.2023 1 Measure M MSP FA Amendment
AMENDMENT No. 3 TO MEASURE M FUNDING AGREEMENT
BETWEEN CITY OF MANHATTAN BEACH AND THE LOS ANGELES COUNTY
METROPOLITAN TRANSPORTATION AUTHORITY
This Amendment No. 3 to the Funding Agreement (this “Amendment”), is dated as of February 15, 2024 by and between the City of Manhattan Beach ("GRANTEE") and the Los Angeles County Metropolitan Transportation Authority ("LACMTA").
RECITALS:
A. GRANTEE and LACMTA entered into that certain Funding Agreement No. 9200000000M550804, dated February 15, 2020, which was amended on February 1, 2022 and September 30, 2023 (as amended, the "Existing FA"), which Existing FA provides for the Advanced Traffic Signal System, (“the Project”); and
B. WHEREAS, the LACMTA Board on September 28, 2023 approved the additional Measure M Funds of $4,963,000 from $12,750,000 to $17,713,000 for Plans, Specifications and Estimates (PS&E), and Construction. This amount is within the Board authorized budget increase for the Project; and
C. WHEREAS, the Funds are currently programmed as follows:
$1,100,000 in FY 2019-20, $2,540,000 in FY 2020-21, $1,800,000 in FY 2021-22, $5,310,000 in FY 2022-23, $3,000,000 in FY 2023-24 and $3,963,000 in FY 2024-25. The total designated for Plans, Specifications and Estimates (PS&E), and Construction of the Advanced Traffic Signal System is $17,713,000; and
D. WHEREAS, the LACMTA Board on September 23, 2021, delegated administrative authority to staff to extend the funding lapsing date of the Measure M Funds previously approved to meet environmental, design, right-of-way, and construction time frames; and
E. WHEREAS, the GRANTEE and LACMTA desire to extend the lapse date of FY 2020-21, and 2021-22 funds to June 30, 2025; and
F. GRANTEE and LACMTA desire to amend the Existing FA as provided herein.
FTIP#: LA9918831
Subregion ID: South Bay
Project ID#: MM5508.04
Amendment No. 3
FA#: 9200000000M550804
Rev: 07.25.2023 2 Measure M MSP FA Amendment
AGREEMENT:
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereby agree as follows:
1. Part I, Paragraph 2.2 of the Existing FA is hereby amended by deleting it in its entirety and replacing it with the following: “To the extent the Measure M funds are available, LACMTA shall make to GRANTEE a grant of the Measure M funds in the amount of $17,713,000 (the “Funds”) for the Project. LACMTA Board of Directors’ actions on September 26, 2019, September 23, 2021, and September 28, 2023, approved Measure M Funds for the Project. The Funds are currently programmed over six Fiscal Years:
$1,100,000 in FY 2019-20; $2,540,000 in FY 2020-21; $1,800,000 in FY 2021-22; $5,310,000 in FY 2022-23; $3,000,000 in FY 2023-24, and $3,963,000 in FY 2024-25.”
2. Part II, Section 9.1 (vi) of the Existing FA is hereby amended by deleting it in its entirety and replacing it with the following: “(vi) Expending the Funds granted under this FA for allowable costs by the lapsing date. All Funds programmed for FY 2019-20 have been expended and are no longer available. All Funds programmed for FY 2020-21, FY 2021-22, and FY 2022-23 are subject to lapse by June 30, 2025. All Funds programmed for FY 2023-24 are subject to lapse by June 30, 2026. All Funds programmed for FY 2024-25 are subject to lapse by June 30, 2027.”
3. Attachment A-1 of the Existing FA is hereby replaced by Attachment A- 2, attached.
4. Attachment B-1 of the Existing FA is hereby replaced by Attachment B- 2, attached.
5. Attachment C of the Existing FA is hereby amended by deleting the Project Schedule and replacing it with the following Revised Project Schedule.
FTIP#: LA9918831
Subregion ID: South Bay
Project ID#: MM5508.04
Amendment No. 3
FA#: 9200000000M550804
Rev: 07.25.2023 3 Measure M MSP FA Amendment
FA Milestones
Amendment #2
Project Schedule Revised Project Schedule
Start Date End Date Start Date End Date
Design Solicitation and Award August 2020 April 2021 August 2020 April 2021 Preliminary Design and PS&E April 2021
September
2023 April 2021 February 2024
Construction Bid and Award October 2023
January
2024
February
2024
September
2024
Equipment & Pole
Purchase/Delivery January 2024 June 2024
September
2024
September
2025
Construction/Equipment
Installation January 2024 June 2024
September
2024 January 2025
Final Closeout and Activation June 2024 June 2024 January 2025 June 2025 Total Project Duration
(Months)
49 58
6. Except as expressly amended hereby, the Existing FA remains in full force and effect as originally executed. All rights and obligations of the parties under the Existing FA that are not expressly amended by this Amendment shall remain unchanged.
FTIP#: LA9918831
Subregion ID: South Bay
Project ID#: MM5508.04
Amendment No. 3
FA#: 9200000000M550804
Rev: 07.25.2023 4 Measure M MSP FA Amendment
IN WITNESS WHEREOF, the parties have caused this Amendment No. 3 to the FA to be executed by their duly authorized representatives as of the dates indicated below:
LACMTA:
LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY
By: ________________________________________ Date: ____________________ Stephanie N. Wiggins
Chief Executive Officer
APPROVED AS TO FORM:
DAWYN R. HARRISON
County Counsel
By: ________________________________________ Date: ____________________ Deputy
GRANTEE:
CITY OF MANHATTAN BEACH
By: _______________________________________ Date: ____________________ Bruce Moe
City Manager
APPROVED AS TO FORM:
By: _______________________________________ Date: ____________________ Quinn Barrow
City Attorney
Digitally signed by: 4dd8a4b6-
a104-429a-9907-9b6d6de7c696
DN: CN = 4dd8a4b6-a104-
429a-9907-9b6d6de7c696
Date: 2024.08.28 16:00:57 -
08'00'
SOURCES OF FUNDS Prior Years FY2021-22 FY2022-23 FY2023-24 FY2024-25 FY2025-26 Total Budget
% of Budget
LACMTA PROGRAMMED FUNDING
MEASURE M MSP FUNDS 5,440,000$ 5,310,000$ 3,000,000$ 3,963,000$ 17,713,000$ SUM PROG LACMTA FUNDS 5,440,000$ -$ 5,310,000$ 3,000,000$ 3,963,000$ -$ 17,713,000$ 100% OTHER NON LACMTA FUNDING:
LOCAL: -$ 0%
STATE: -$ 0%
FEDERAL: -$ 0%
PRIVATE OR OTHER: -$ 0%
SUM NON-LACMTA FUNDS -$ -$ -$ -$ -$ -$ -$ 0
TOTAL PROJECT FUNDS 5,440,000$ -$ 5,310,000$ 3,000,000$ 3,963,000$ -$ 17,713,000$ 100% ATTACHMENT A-2 - PROJECT FUNDING
Measure M MSP - Transportation System and Mobility Improvements Program - Funding Agreement Projects - FA#: 9200000000M550804 Project Title: Advanced Traffic Signal System Project ID#: MM5508.04
PROGRAMMED BUDGET - SOURCES OF FUNDS
03.01.19 Measure M Funding Agreement - MSP
Attachment A - Project Funding
SOURCES OF FUNDS FY 2021-22
Qtr 1
FY 2021-22
Qtr 2
FY 2021-22
Qtr 3
FY 2021-22
Qtr 4
FY 2022-23
Qtr 1
FY 2022-23
Qtr 2
FY 2022-23
Qtr 3
FY 2022-23
Qtr 4
TOTAL
BUDGET
LACMTA PROGRAMMED FUNDS:
MEASURE M MSP FUNDS:
Planning Activities/Prog Dev $0
Environmental $0
Design and PS&E $250,000 $250,000 $250,000 $250,000 $20,000 $20,000 $20,000 $20,000 $1,080,000 Right-of-Way Acquisition $0
Construction $1,110,000 $1,110,000 $1,110,000 $1,110,000 $1,307,500 $1,307,500 $1,307,500 $1,307,500 $9,670,000 Vehicle Purchase $0
Others $0
Total Measure M $1,360,000 $1,360,000 $1,360,000 $1,360,000 $1,327,500 $1,327,500 $1,327,500 $1,327,500 $10,750,000 SUM PROG LACMTA FUNDS: $1,360,000 $1,360,000 $1,360,000 $1,360,000 $1,327,500 $1,327,500 $1,327,500 $1,327,500 $10,750,000
PROJECT FUNDING
FY2021-22 and FY2022-23 $1,360,000 $1,360,000 $1,360,000 $1,360,000 $1,327,500 $1,327,500 $1,327,500 $1,327,500 $10,750,000 SOURCES OF FUNDS FY 2023-24
Qtr 1
FY 2023-24
Qtr 2
FY 2023-24
Qtr 3
FY 2023-24
Qtr 4
FY 2024-25
Qtr 1
FY 2024-25
Qtr 2
FY 2024-25
Qtr 3
FY 2024-25
Qtr 4
TOTAL
BUDGET
LACMTA PROGRAMMED FUNDS:
MEASURE M MSP FUNDS:
Planning Activities/Prog Dev $0
Environmental $0
Design and PS&E $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $160,000 Right-of-Way Acquisition $0
Construction $730,000 $730,000 $730,000 $730,000 $970,750 $970,750 $970,750 $970,750 $6,803,000 Vehicle Purchase $0
Others $0
Total Measure M $750,000 $750,000 $750,000 $750,000 $990,750 $990,750 $990,750 $990,750 $6,963,000 SUM PROG LACMTA FUNDS: $750,000 $750,000 $750,000 $750,000 $990,750 $990,750 $990,750 $990,750 $6,963,000 TOTAL LACMTA FUNDS $2,110,000 $2,110,000 $2,110,000 $2,110,000 $2,318,250 $2,318,250 $2,318,250 $2,318,250 $17,713,000 TOTAL NON-LACMTA FUNDS $0 $0 $0 $0 $0 $0 $0 $0 $0
TOTAL PROJECT FUNDING $2,110,000 $2,110,000 $2,110,000 $2,110,000 $2,318,250 $2,318,250 $2,318,250 $2,318,250 $17,713,000 ATTACHMENT B-2 - EXPENDITURE PLAN COST & CASH FLOW BUDGET Measure M MSP - Transportation System and Mobility Improvements Program - Funding Agreement Projects - FA#: 9200000000M550804 Project Title: Advanced Traffic Signal System Project ID#: MM5508.04
PROGRAMMED SOURCES OF FUNDS
09.10.19 1 of 1
Measure M Funding Agreement - MSP
Attachment B - Expenditure Plan