City of Laguna Niguel Capital Improvement Project Details For Fiscal Years 2024-25 through 2028-29 PROJECT NAME: La Paz Road Mobility Enhancements and Permanent Repair DESCRIPTION: This project will address the roadway failures on La Paz Road near Rancho Niguel Road. The project will design and construct mobility enhancements and a permanent repair of the failed portion of La Paz Road. The permanent repair is primarily funded by a $15.5 million Local Transportation Climate Adaptation Program (LTCAP) grant with state and federal funding, with the required match fundsfromtheCity'sReserves. Completion of this project supports City Council Goal 4 (Infrastructure and Technology)oftheStrategicPlanImplementationActionPlan. ESTIMATED COST: $ 18,575,000 GL Account: 300-70-6130-7024-09 FUNDING: FISCAL YEAR AMOUNT SOURCE FY 24-25 $ 3,580,000 LTCAP Grant / Reserves FY 25-26 $ 14,995,000 LTCAP Grant / Reserves FY 26-27 $ - FY 27-28 $ - FY 28-29 $ - TOTAL $ 18,575,000 111