APPROVE AN AMENDMENT TO THE MEASURE M FUNDING AGREEMENT #9200000000M460208 BETWEEN THE CITY OF REDONDO BEACH AND THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY FOR THE NORTH REDONDO BEACH BIKEWAY EXTENSION - FELTON LANE TO INGLEWOOD AVENUE - PROJECT AND RESET THE CITY ENGINEER’S AUTHORIZATION LIMIT FOR CONSTRUCTION CLOSEOUT COSTS FOR THE PROJECT TO $125,000

Summary

This agenda item seeks to approve an amendment to the Measure M Funding Agreement (#9200000000M460208) between the City of Redondo Beach and LACMTA for the North Redondo Beach Bikeway Extension project. The amendment increases the Measure M funding for the project by $600,000, bringing the total to $2,200,000. This additional funding will cover the installation of solar lighting in an existing unlit section of the bikeway between Rockefeller Lane and Felton Lane, as well as remaining construction closeout costs. To facilitate timely completion and closeout, the City Engineer's authorization limit for construction closeout costs is proposed to be reset to $125,000.

Citizen Impact

Residents will benefit from the installation of new solar lighting on a previously unlit section of the North Redondo Beach Bikeway, improving safety and visibility. The project's funding increase ensures its timely completion and closeout.

Confidence

high