Title
Dept/ Agency: Engineering
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: Traffic Signal Optimization/Adaptive Traffic Signals along Broad Street, Newark Corridor
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, New Jersey 07102
Grant Amount: $1,678,233.00
Funding Source: North Jersey Transportation Planning Authority (NJTPA)
Total Project Cost: $2,097,791.25
City Contribution: $419,558.25
Other Funding Source/Amount: $0.00
Grant Period:
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
City Matching Funds of $419,558.25 required for receipt and acceptance of grant award shall be provided from the 2019 Municipal Budget.
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WHEREAS, on January 5, 2018, the City of Newark requested that the North Jersey Transportation Planning Authority (NJTPA) amend and add to its Transportation Improvement Program (TIP) the repurposed DEMO #NJ 169 funds for the Traffic Signal Optimization/Adaptive Traffic Signals along the Broad Street Newark corridor; and
WHEREAS, on March 12, 2018, the North Jersey Transportation Planning Authority Board voted to approve the repurposing of DEMO #NJ 169 funds in the amount of $1,678,233.00 for the Traffic Signal Optimization/ Adaptive Traffic Signals along the Broad Street Newark corridor for the Federal Fiscal Year 2018; and
WHEREAS, the City wishes to accept these funds.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The repurposed DEMO #NJ 169 funds in the amount of $1,678,233.00 from the North Jersey Transportation Planning Authority (NJTPA) for the Traffic Signal Optimization/Adaptive Traffic Sig...
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