December Accomplishments: Design and Construction Continued trenching for and laying of storm drain pipe in Flower Street from I -110 to 23rd Street Started procurement of the 61” water line for Work Package A4, 61” Water Line Relocation Received 30% designs from FFP for Work Package C2, Harcourt to Venice Corridor Improvements Received 60% designs from FFP for Work Package A2, 23 rd Street to Vermont Corridor Improvements, and A3, Trench Structure 1

December Accomplishments: Construction Progress 2

December Accomplishments: Construction Progress 3

December Accomplishments: Construction Progress 4

December Accomplishments: Community/Government Relations Conducted an Urban Design Committee meeting on December 12, 2006 Provided a tour of the Expo right-of-way for Gloria Jeff, General Manager, LADOT Disseminated notices regarding (Tree Removal) activities to businesses and residents along Flower Street on December 14, 2006 Met with administrators, parents and teachers in schools to provide construction schedule and safety information tips. Met with USC and Expo Park Stakeholders to discuss Urban Design elements for the project Conducted business assessments to coordinate access and various other needs prior to start of construction activities. 5

December Accomplishments: Real Estate Continued real estate acquisition and lease termination activities. Abandonment of Parcel WE-616 completed; Funds returned from the Court. Negotiated attorney’s fees with two of owner’s attorneys. One parcel acquired; five offers pending Continued supplemental hazardous materials investigations along the Metro right-of-way 6

January Planned Activities: Design and Construction Complete negotiation of remaining Master Cooperative Agreements Complete negotiation of Third Party Annual Work Plans and issue Work Orders FFP to submit the System Integration Plan (Final) FFP to submit 60% design for Work Packages B1, 2, Harcourt to Venice Corridor Improvements FFP to submit 60% design for Work Packages B1, Vermont to Harcourt Utilities, and B2 Vermont to Harcourt Corridor Improvements FFP to submit 60% design for Work Package C1, Graphics/Signage FFP to submit 85% design for Work Package D2, Track Procurement 7

January Planned Activities: Community/Government Relations Continue meeting with administrators, parents and teachers Host Urban Design Committee Meetings Brief LAUSD Board Member in Board District 1 Continue Business Assessment Coordination Briefing for State and Federal Elected Official Deputies Real Estate Continue real estate acquisition and lease termination activities 8

Project Major Milestones Oct 2006Nov 2006 Authority Actions Dec 2006 Jan 2007 Feb 2007 Design Build Contract Community Outreach Downtown Community Meeting & Business Merchants Meeting Mar 2007 Legend : Urban Design Committee Meeting Start Construction Negotiate Construction Package A4 ( 61” Waterline) Approve Construction Package A4 (61” Waterline) Mid-Corridor Community Meeting Downtown and West End Community Meetings Dorsey H.S. Teachers & Parents Meeting Approve LTP for Procurement TPSS Prefab Bldg Package D3 Negotiate LTP for Procurement TPSS Prefab Bldg Package D3 Negotiate LTP for Procurement 60” & 48 Pipe Work Package A2 Approve LTP for Procurement 60” & 48 Pipe Work Package A2 Approve NTE for Design of Ballona Creek Bridge & USC/ Expo Park Station Negotiate NTE for Design of Ballona Creek Bridge & USC/ Expo Park Station Downtown Project Status Update Meeting Mid-Corridor Project Status Update Meeting 9

December 2006 Received and reviewed responses to the RFQ to select Community and Faith-Based Organizations to recruit, screen and train individuals to participate in the Local Jobs Program. Hired local workers th10rough PV Jobs for intermittent work to distribute construction notices throughout the Corridor Continued to update database of individuals interested in seeking employment with the Expo Local Jobs Program Hosted Job Fair at construction field office to recruit employees for Infinity Protection Services, a local firm hired to provide security services along the Expo corridor. Hired a Contracts Manager through a DBE firm Summary of Jobs Program Activities: 10