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<br />ORU\tt CE NO.2~.9.~2-~L <br /> <br />AN ORDINANCE ACCEPTING GRANTS IN THE AMOUNT OF $1,500,000 <br />FROM THE HAMPTON ROADS PLANNING DISTRICT COMMISSION AND <br />$2,023,543 IN FEDERAL STIMULUS FUNDING, APPROPRIATING SAID <br />AMOUNTS IN THE FY 2008-2009 CAPITAL IMPROVEMENT FUND AND THE <br />FY 2008-2009 ECONOMIC STIMULUS FUND RESPECTIVELY, AND <br />AUTHORIZING THE CITY MANAGER TO SIGN PROJECT <br />ADMINISTRATION AGREEMENTS WITH THE VIRGINIA DEPARTMENT <br />OF TRANSPORTATION FOR PROJECTS TO REPLACE CERTAIN TRAFFIC <br />SIGNALS ALONG AIRLINE BOULEVARD AND TO UPGRADE THE CITY'S <br />TRAFFIC SIGNAL SYSTEM. <br /> <br />BE IT ORDAINED by the Council ofthe City of Portsmouth, Virginia: <br /> <br />1. That it hereby accepts grants in the amounts of $1 ,500,000 from the <br />Hampton Roads Planning District Commission for the replacement of traffic signals <br />along Airline Boulevard to the western City limits and $2,023,543 in federal stimulus <br />funding to upgrade the City's traffic signal system. <br /> <br />2. That no City monetary match is required as conditions for said grants.. <br /> <br />3. That estimated revenue in the FY 2008-2009 Capital Improvement Fund <br />is increased by $1,500,000 and FY 2008-2009 Economic Stimulus Fund is increased by <br />$2,023,543, and said amounts are appropriated respectively in said Funds. <br /> <br />4. That the City Manager is authorized to sign project administration <br />agreements with the Virginia Department of Transportation for said projects. <br /> <br />ADOPTED by the Council of the City of portsmouth, Virginia at a meeting held <br />on April 14, 2009. <br /> <br />Teste: <br /> <br />City Clerk <br />