1. February’s Accomplishments Met extensively with FTA staff and received the Record of Decision from FTA Finalized Negotiations with the top ranked Design Build Proposer Continued development of draft Master Cooperative Agreement with Metro Western and Exposition intersection looking west

2. March’s Planned Activities Wesley Street looking east along National Boulevard Metro presents STIP funding recommendations to California Transportation Commission (CTC) on March 9 CTC considers TCRP funding request on March 16 Issue NTP to design build contractor and commence mobilization March 17 Meet with FTA national office in Washington, D.C. to review project

3. March’s Planned Activities (continued) Prepare FY 07 budget Complete design of major utility relocations Complete negotiation of Master Cooperative Agreement with Metro Expo outreach at Los Angeles Trade Tech March 1 Hire staff positions approved for FY06 Set up Construction Authority field office Receive City of Los Angeles approval of Flower Street design

4. Project Major Milestones FEIS/R PE Flower St. Design Development Jan 2006Feb 2006Mar 2006 Authority Board Actions Receive FTA Record of Decision Apr 2006 Receive Design/Build Contract Proposals Award Design/Build Contract May 2006 Jun 2006 Design Build Contract FUNDING CTC Allocation of TCRP Evaluation and Recommendation Approval of Master Cooperative Agreement with Metro NTP and Mobilization Commence Design FY 07 Budget Approval CTC STIP Adoption Los Angeles City Approval