24-61
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AMENDED LOCAL PUBLIC AGENCY (“LPA”) AGREEMENT WITH THE OHIO DEPARTMENT OF TRANSPORTATION FOR THE ADAPTIVE SIGNALS PROJECT (PID# 116924); AND DECLARING AN EMERGENCY. Brief Description: The Adaptive Signals Project is funded in part by federal funds and must adhere to all Ohio Department of Transportation (ODOT) requirements. The Akron Metropolitan Area Transportation Study (AMATS) administers the project funding through a Congestion Mitigation/Air Quality (CMAQ) grant. After the project bids were opened, staff contacted AMATS to inquire about additional grant funding. AMATS confirmed the availability of $347,541, bringing the total CMAQ grant to $2,666,480. ODOT then requires the City to approve an amended agreement and cover 20% of the local match, along with any project cost overruns. ODOT will contribute a maximum of 80% toward eligible construction costs.
What this record is
- Amount
- $2.67M
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Engineering Department
- Introduced
- April 30, 2024
- On agenda
- May 21, 2024
- Passed
- May 21, 2024