We knew that most of the funding was in place to re-install the Bay Lights in a more permanent fashion, in order to have a lifespan of at least 10 years, but today we get news that The Bay Area Toll Authority has approved a $2.1 million contract for Philips Lighting North America Corporation to maintain the light installation for the next decade.

The popular, two-year-old art installation by artist Leo Villareal came down in March as part of a previous agreement with Caltrans due to the fact that the bridge cables are being repainted this year.

As CBS 5 reports, the contract is now complete, cementing the final step before the lights are re-installed in time for Super Bowl 50 in February — and the "fan village" that will occupy the foot of Market Street.

The total cost for the next 10 to 12 years of the Bay Lights was estimated at $12 million, and Illuminate the Arts is the organization responsible for the fundraising drive that has made it happen. The final push came from a single, $2 million donation from wealthy philanthropist Tad Taube.