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FINANCIAL IMPACT: <br />The available traffic impact fees are budgeted in the following accounts: 450-0531-6900-3890, 457- <br />6612-6900-3890 and 457-6636-6900-3890. The corresponding accounts for the Iowa and Main <br />Traffic Signalization Project are: 450-0540-6981-3890, 450-0540-6970-3890, 450-0540-6986-3890 <br />and 450-0540-6986-3890. The Colton Avenue Bike Lane TEA21 funding is available in account <br />457-9165-6982-3890. Four (4) percent of the available funding will afford $76,360 for traffic <br />engineering services to be charged between the January 2005 and January 2007, as is the term of <br />the Agreement. <br />ENVIRONMENTAL IMPACT: <br />Not Applicable. <br />CONFLICT OF INTEREST: <br />Exact Business Name: Transportation, Engineering and Planning Inc. <br />President or Representative: Craig Neustaedter <br />Contact or representative: Craig Neustaedter <br />RECOMMENDATION: <br />Staff recommends approval of the Agreement between the City and Transportation, Engineering <br />and Planning Inc. for professional traffic engineering services, in the amount of $76,360. <br />Prepared by: Maritza Tapia —Administrative Analyst <br />Attachments: <br />Proposed Agreement <br />REVIEW TEAM ONLY } 4 nn <br />City Attorney: Finance Director: 4•v ll <br />City Manager: OTHER: <br />