Resolution approving a revised Traffic Signal Maintenance Agreement with the Florida Department of Transportation (FDOT).  This agreement will replace the current Traffic Signal Maintenance Agreement executed in 2002. The implementation of this agreement is in the best interests of the City of Daytona Beach by providing additional FDOT reimbursement for various traffic signal components currently maintained for no compensation. The revised reimbursement amount would be $228,000 versus $133,000 under the current agreement. Additionally yearly increases will be based on the Consumer Price Index (CPI).

Recommendation:  Deputy Public Works Director recommends adoption

of the Resolution.