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R-14-39 <br />A RESOLUTION SUPPORTING PARTICIPATION IN THE VIRGINIA <br />DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2016 REVENUE <br />SHARING PROGRAM FOR THE REPLACEMENT OF THE CHURCHLAND <br />BRIDGE (NORTHBOUND LANES). <br />WHEREAS, the planned replacement of the Northbound Lanes of the <br />Churchland Bridge is estimated to cost $35.5 million; and <br />WHEREAS, the City of Portsmouth desires to submit an application for an <br />allocation of funds in the amount of $5,000,000 through the Virginia Department of <br />Transportation Fiscal Year 2016 Revenue Sharing Program; and <br />WHEREAS, these funds are requested to partially fund construction costs for the <br />Churchland Bridge (Northbound Lanes) project and will be supplemented with City <br />Capital Improvement funds and funds from other sources. <br />NOW. THEREFORE BE IT RESOLVED by the. Council of the City of <br />Portsmouth, Virginia that it hereby supports the application for an allocation of <br />$5,000,000 through the Virginia Department of Transportation Revenue Sharing <br />Program. <br />BE IT FURTHER RESOLVED that the City Manager or his designee is <br />authorized to execute project administration agreements for any approved revenue <br />sharing projects. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on October 28, 2014. <br />Teste: <br />City Clerk <br />