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Council approves funding swap to advance Diamond Bar Complete Streets project
Summary
The council approved a funding-exchange agreement that swaps $1.16 million in federal STPL funds for Metro Prop C dollars for the Diamond Bar Complete Streets project, freeing previously budgeted Prop C/Measure M/Measure R dollars for other capital projects; the motion passed unanimously.
The Diamond Bar City Council on Feb. 17 approved a funding-exchange agreement that swaps $1,160,000 in federal STPL (Surface Transportation Program Local) funds for an equal amount of Metro Prop C dollars to advance the Diamond Bar Complete Streets project.
Public Works Director David Lu told the council the swap lets the city avoid federal procurement burdens associated with a relatively small federal share of the roughly $10.6 million project and…
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