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HomeMy WebLinkAbout2002 09 09 Informational B Vistawilla Drive Traffic Signal '----- COMMISSION AGENDA ITEM B CONSENT INFORMATIONAL X PUBLIC HEARING REGULAR September 9, 2002 Meeting MGR r--- /DEPT /r Authorization REQUEST: Public Works Department Advising the City Commission that FDOT has reimbursed the City $50,000 for the Vistawilla Drive Traffic Signal. PURPOSE: The purpose of this Board item is to advise the City Commission that the Joint Participation Agreement Between the FDOT and the City of Winter Springs for reimbursement of $50,000 for the Vistawilla Drive traffic signal has been fulfilled. CONSIDERATIONS: The City Commission approved a Joint Participation Agreement with the FDOT on January 14,2002. The agreement provided for the City to recoup $50,000 of the $113,212 construction cost for the installation of the traffiy signal at Vistawilla Drive. The agenda item is to advise the City Commission that the project is complete and the FDOT has remitted the maximum amount $50,000. The funds have been deposited in the Roads Improvement Fund (115) for future transportation related projects. FUNDING: None required ATTACHMENTS: None COMMISSION ACTION: