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 McCarter Highway (Route 21) Entity Name: City of Newark Entity Address: 920 Broad Street, Newark, New Jersey 07102 Grant Amount: $760,000.00 Funding Source: North Jersey Transportation Planning Authority (NJTPA) Total Project Cost: $950,000.00 City Contribution: $190,000.00 from the 2016 municipal budget Other Funding Source/Amount: N/A Contract Period: N/A Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: