39. SUBJECT: CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT FUNDING CONSIDER: A. APPROVING the allocation of CARES Act funding received by Los Angeles County as described in Attachment A. B. APPROVING fund exchanges of Federal CARES Act funding, as appropriate, with other local funding sources in order to provide administrative efficiencies, optimize and accelerate the distribution of resources. C. AUTHORIZING the Chief Executive Officer to negotiate and execute all necessary agreements to implement the recommended support of transit programs countywide. - Metro Los Angeles

Meeting: Board of Directors - Regular Board Meeting on 2020-05-28 10:00 AM

Meeting Time: May 28, 2020 at 10:00am PDT

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Agenda Item

39. SUBJECT: CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT FUNDING CONSIDER: A. APPROVING the allocation of CARES Act funding received by Los Angeles County as described in Attachment A. B. APPROVING fund exchanges of Federal CARES Act funding, as appropriate, with other local funding sources in order to provide administrative efficiencies, optimize and accelerate the distribution of resources. C. AUTHORIZING the Chief Executive Officer to negotiate and execute all necessary agreements to implement the recommended support of transit programs countywide.