Dept/ Agency: Engineering Action: (X ) Ratifying (X ) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: Funds Exchange Program - Cost Reimbursement Agreement with the New Jersey Department of Transportation for the Delancy Street (Final Design) Project Entity Name: State of New Jersey, Department of Transportation, Local Aid and Economic Development Entity Address: 1035 Parkway Avenue, Trenton, New Jersey 08625 Grant Amount: $590,823.00 Funding Source: State of New Jersey, Department of Transportation, Local Aid and Economic Development Total Project Cost: $590,823.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Contract Period: April 6, 2018 through April 6, 2020 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: Original Grant Amount $1,199,990.00; Modification #1: $201,315.00; Modification #2: $590,823.00. Total Project Cost: $1,992,328.00