This month, the Metro board is scheduled to consider approving the first steps toward a public-private partnership that would build and operate the Sepulveda Transit Corridor Project. The new Metro line would link the San Fernando Valley to the Westside, and ultimately to LAX. Sepulveda is a mega-project that is only partially funded. Typically, when this is the case for projects, Metro seeks funding from other levels of government – like, say, the pro-rail pro-transit Biden administration. For Sepulveda, Metro hopes that a Public-Private Partnership (P3) might bring private sector money (and financing) to the project. The early phase of the P3 deal is called a Project Development Agreement – PDA. This week, the Metro board Executive Management Committee is expected to approve $63 million contract (staff report) for initial PDA designs to further refine the monorail proposal.