Los Angeles Councilmember Tim McOsker Elected Board Chair of the Alameda Corridor Transportation AuthorityLos Angeles Councilmember Tim McOsker has been elected Chair of the Governing Board of the Alameda Corridor Transportation Authority (ACTA) for the 2026-2027 term, his third time in this role. Long Beach Councilmember Suely Saro will serve as Vice Chair.
Alameda Corridor Transportation Authority Announces Sale of Approximately $216.2 Million Revenue Refunding Bonds
On February 6th, the Alameda Corridor Transportation Authority (ACTA) closed over $216 million in revenue refunding bonds to refinance and restructure ACTA’s debt. The sale of these bonds will allow ACTA to reshape its debt service profile to avoid certain projected debt service shortfalls and match anticipated revenue growth. Shortfalls are backstopped, in part, by the Ports of Long Beach and Los Angeles (the Ports).
ACTA to Commence Public Invitation to Tender Bonds
On December 14, 2023, the Alameda Corridor Transportation Authority (the “Authority”) approved a resolution authorizing the Invitation of offers (the “Invitation”) from the holders of its below listed bonds (the “Bonds”) to tender for cash their Bonds.
Graham Christie Named COO of the Alameda Corridor Transportation Authority
The Governing Board of the Alameda Corridor Transportation Authority (ACTA) has appointed Graham Christie, a Southern California rail leader and seasoned project manager, as Chief Operating Officer (COO).
