Dept/ Agency: Engineering Action: (X) Ratifying (X) Authorizing (X) Amending Type of Service: Amending Resolution/Accepting Grant Purpose: Amending the project amount to accept additional funds for the Traffic Signal Optimization/Adaptive Signals Along McCarter Highway (Route 21) project and enter into a Cost Reimbursement Agreement with New Jersey Department of Transportation Entity Name: City of Newark Entity Address: 920 Broad Street, Newark, New Jersey 07102 Grant Amount: $965,265.00 Funding Source: Federal Highway Administration (FHWA)/ North Jersey Transportation Planning Authority (NJTPA) Total Project Cost: $1,201,767.00 City Contribution: $236,502.00 Other Funding Source/Amount: $0.00 Contract Period: September 21, 2016 to September 20, 2019 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Resolution7R4-A adopted February 3, 2016, authorized a total project cost of $950,000.00 ($760,000.00 grant with a local match of $190,000.00) for the Traffic Signal Optimization/Adaptive Signals Along McCarter Highway (Route 21) project. This amendment seeks to increase the total project cost to $1,201,767.00 ($965,265.00 grant with a local match of $236,502.00).