lone_tree_city_council_study_session_agenda_march.pdf
City Secures Matching Funds from SPIMD for Adaptive Signals
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Description
The City of Lone Tree entered an intergovernmental agreement with Southeast Public Improvement Metropolitan District for a $25,000 match to fund Ridgegate Parkway adaptive signals upgrades. The funding supports advanced signal control technology at five intersections.
Contract Details
Contract Amount
$25,000 (cost share/match)
Vendor
SOUTHEAST PUBLIC IMPROVEMENT METROPOLITAN DISTRICT
Agency
City of Lone Tree, IA
Contract Type
OTHER
Document Date
March 4, 2025
Contract Term
One-time matching funds for adaptive signals project; agreement terminates upon project completion (anticipated April 28, 2023)
Renewal Date
2023-04-28
Renewal Info
Agreement terminates upon project completion or expenditure of total funds. No additional contribution required beyond stated amount.
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