Label
TDOT022824TRAFFICSIGNALSSIGNS
Traffic Management
Doug Stephens (x1006) / Gary Stookey (x1306)
Revised
Title
Authorizing the expenditure of an amount not to exceed $300,000 from the Capital Improvement Fund for the upgrade of traffic signals and signs throughout the city; authorizing the mayor to accept bids and award contracts necessary to complete said project(s); and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This Ordinance authorizes the expenditure of $300,000 from the proposed 2024 Capital Improvement Plan (CIP) budget for traffic signal and signs upgrades. The City of Toledo is required by federal mandate to meet minimum traffic signal and sign requirements. These funds will allow the Division of Traffic Management to purchase materials to replace existing non-compliant signals and signs and related equipment that have reached their useful life throughout the City.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the expenditure of an amount not to exceed $300,000 is authorized from the Capital Improvement Fund, Account Code 5040-22500-8CP2422SIGNSG for upgrades of traffic signals and signs.
SECTION 2. That the Mayor is authorized to accept bids and award contracts for the purposes specified in Section 1. Contracts shall contain such terms and conditions as the mayor may deem requisite and proper and shall be subject to approval by the Directors of Law and Transportation.
SECTION 3. That the Director of Finance is authorized to draw their warrant or warrants against the above account code in payment of the above-authorized obligations in an amount not to exceed that authorized in Section 1 upon presentation of the proper voucher or vouchers.
SECTION 4. That the disappropriation of any remaining budget to fund balance is authorized at project closeout.
SECTION 5. That this Ordinance is declared to be an emergency measure and shall take effect and be in force from an...
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