Los Angeles Metro Rail.—

Sec. 504. Los Angeles Metro Rail.— (a) Replacement of Grantees.—Effective on the date of enactment of this Act, the Los Angeles County Transportation Commission (hereinafter in this section referred to as the “Commission”) shall replace the Southern California Rapid Transit District (hereinafter in this section referred to as the “SCRTD”) as the Federal grantee for the Minimum Operable Segment One (hereinafter in this section referred to as “MOS–1”) of the Los Angeles Metro Rail project. The MOS–1 Full Funding Grant Agreement dated August 27, 1986, and all other MOS–1 grant documents required under Federal law, shall be deemed to be amended, effective on the date of enactment of this Act, to designate the Commission as MOS–1 grantee; and all rights and obligations as MOS–1 grantee shall be transferred to the Commission on that date in accordance with the Memorandum of Understanding for the Transfer of MOS—106 STAT. 15681 Project, entered into by and between the Commission and SCRTD on June 24, 1992. No action by the Secretary of Transportation or other administrative action shall be required in order for the Commission to proceed to act in its capacity as MOS–1 grantee pursuant to this section. (b) Obligations of Commission.—Upon becoming the MOS–1 grantee under this section, the Commission shall be responsible for completion of the MOS–1 Project in accordance with the terms and conditions of the MOS–1 Full Funding Grant Agreement and other applicable grant agreements and in compliance with all applicable Federal laws and regulations. In addition, the Commission shall remain responsible for all MOS–1 obligations arising prior to the date of enactment of this Act, in accordance with the Commission’s Guarantee of Performance to the United States dated April 3, 1990. (c) Availability of Funds.—All funds previously obligated to SCRTD under section 3 and section 9 of the Federal Transit Act, and unexpended on the date of enactment of this Act, shall be transferred to the Commission on such date and shall be available to the Commission to pay costs associated with the completion of MOS–1. Notwithstanding any other provision of law, neither the replacement of grantees under subsection (a) nor the transfer of funds under this subsection shall be considered to be a change in project scope or otherwise result in the deobligation of prior year funds, and all funds transferred to the Commission under this subsection shall be charged to the original appropriation and shall remain available until expended. (d) Definition.—For purposes of this section: (1) the terms “Los Angeles County Transportation Commission” and “Commission” shall include any successor to the Commission that is established by or pursuant to State law; and (2) the terms “Southern California Rapid Transit District” and “SCRTD” shall include any successor to SCRTD that is established by or pursuant to State law. (e) Of the funds made available for the Los Angeles Metro Rail project, 45.45 per centum shall be for Minimum Operable Segment–2 and 54.55 per centum shall be for Minimum Operable Segment–3 of Metro Rail. Of the amounts for Minimum Operable Segment–3, an equal one-third share shall be provided for each of the three lines described in section 3034(i)(3) of the Intermodal Surface Transportation Efficiency Act.