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Council adopts 5-year update to Lake Forest transportation mitigation program; narrows some project scopes
Summary
The Lake Forest City Council on June 17 adopted the 2024 five-year update to the Lake Forest Transportation Mitigation Program, approving lower-cost alternatives at three intersections and removing one Irvine-located project.
The Lake Forest City Council on June 17 approved the 2024 five-year review and update to the Lake Forest Transportation Mitigation Program (LFTM), accepting alternative, lower-cost intersection improvements at three locations, removing one project in Irvine from the program, and approving updated cost estimates and a fee schedule.
Transportation staff said the program's total improvement cost is $14,670,000, of which $12,150,000 has been collected and $2,520,000 remains to be funded; the fees will be allocated among remaining housing units. Tran Tran, the city's transportation manager, told the council the LFTM has completed seven improvement projects, has four projects under…
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