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<br />. <br /> <br />. <br /> <br />. <br /> <br />R-05-16 <br /> <br />A RESOLUTION SUPPORTING THE APPLICATION OF THE NORFOLK AND <br />PORTSMOUTH BELT LINE RAILROAD COMPANY TO THE VIRGINIA <br />DEPARTMENT OF RAIL AND PUBLIC TRANSPORTATION FOR RAIL <br />PRESERVATION FUNDS, AND REQUESTING PRIORITY CONSIDERATION <br />THEREFOR. <br /> <br />WHEREAS, the Norfolk and Portsmouth Belt Line Railroad Company desires to file an <br />application with the Virginia Department of Rail and Public Transportation for funding assistance <br />for rail upgrade projects; and <br /> <br />WHEREAS, the Norfolk and Portsmouth Belt Line Railroad Company has identified <br />projects that are estimated to cost $900,000; and <br /> <br />WHEREAS, the General Assembly, through enactment of the Rail Preservation Program, <br />provides for certain improvements to and procurement of railways in the Commonwealth of <br />Virginia; and <br /> <br />WHEREAS, the Norfolk and Portsmouth Belt Line Railroad Company is an important <br />provider in the City of Portsmouth's transportation system; and <br /> <br />WHEREAS, the Norfolk and Portsmouth Belt Line Railroad Company is instrumental in <br />the economic development of the region, including the City of Portsmouth; provides relief to the <br />highway system by transporting freight; and provides an alternate means of transporting <br />comrnodities; and <br /> <br />WHEREAS, the Norfolk and Portsmouth Belt Line Railroad Company has requested the <br />City of Portsmouth's support for the rail upgrade projects and the retention of the rail service; and <br /> <br />WHEREAS, the Commonwealth Transportation Board has established procedures for <br />allocation and distribution of funds provided; and <br /> <br />WHEREAS, a resolution expressing Portsmouth City Council's continuing support of the <br />application has been requested. <br /> <br />NOW, THEREFORE BE IT RESOLVED by the Council of the City of Portsmouth, <br />Virginia, that it hereby supports the application of the Norfolk and Portsmouth Belt Line Railroad <br />Company to the Virginia Department of Rail and Public Transportation for Rail Preservation funds <br />