Agenda Item # 12.a.
City Commission Regular Meeting
- Meeting Date:
- 06/02/2014
- Re
- Approval of FDOT Traffic Signal Maintenance and Compensation Agreement
- Submitted For:
- John Andrews
SUBJECT:
Resolution 14-R19 authorizing execution of a Joint Participation Agreement between the City and FDOT for Operation and Maintenance of the Traffic Control System and Intersections on the State Highway System within the limits of Fort Pierce.
SUMMARY:
Florida Department of Transportation (FDOT) has revised the ongoing traffic signal maintenance agreement between the City and State for Fiscal Year 2014/15. This agreement adds additional responsibilities to the Local Maintaining Agency (City) and has added additional compensation for various traffic devices inclusive of a 3% increase in total reimbursement to the City. The adjusted total reimbursement to the City for FY2014/15 is $83,366.70.
RECOMMENDATION:
Approval
ALTERNATIVES:
Not to approve the Agreement and not receive financial compensation for State required signal maintenance.
RESPONSIBLE STAFF:
Jack Andrews, City Engineer and Ed Seissiger, Project Coordinator
COORDINATED WITH:
Florida Department of Transportation Staff
Fiscal Impact
- Budgeted Y/N:
- N
- Fiscal Year:
- 2014/15
- Account:
- N/A
- Amount:
- N/A
FISCAL IMPACT:
The new annual reimbursement amount to the City of Fort Pierce is $83,366.70