A panel overseeing the Port of Los Angeles approved a $938.8 million budget today that includes almost $350 million for projects to improve port infrastructure.
The spending plan for the 2014-15 fiscal year beginning July 1 was approved following an hours-long meeting in which members of the public and City Councilman Joe Buscaino successfully urged the Harbor Commission to add $1.3 million for a project to realign Sampson Way.
Buscaino, whose council district includes the port, said the inclusion of the realignment project would be the “first step in improving the flow of traffic along Harbor Boulevard and Sampson Way — the major points of access to the L.A. Waterfront.”
The waterfront is a section of the port that features restaurants, museums and other amenities for the general public.
Harbor Commission President Vilma Martinez said that in response to “fierce” competition from other ports, the budgeted spending will “continue to modernize infrastructure, upgrade terminals and build a transportation network that can continue to successfully compete globally.”
The budget calls for about $38 million for projects serving the nearby community, including L.A. Waterfront development and the activities of local nonprofits and youth organizations.
The budget includes $100.4 million to continue expansion work at the TraPac Terminal and $19.2 million for upgrades at the Yang Ming, APL, Evergreen, YTI and China Shipping terminals.
Transportation project funding include $35.5 million for track connections at Berth 200 Rail Yard and $27.9 million for grade separation at South Wilmington.
Funding will also come in the form of $40 million to enhance traffic flow between Interstate 110 Harbor Freeway and the port. Planned upgrades around Sampson Way will also make it easier for people to get to the L.A. Waterfront.
