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R-16-13 <br />A RESOLUTION TO APPROVE AN EXTENSION ADDENDUM TO THE <br />STATE-WIDE PROGRAMMATIC PROJECT ADMINISTRATION <br />AGREEMENT (PPAA) FOR REVENUE SHARING PROJECTS FOR FISCAL <br />YEARS 2013-14,2014-15, AND 2015-16. <br />WHEREAS, the Virginia Department of Transportation and the City of <br />Portsmouth have executed astate-wide Programmatic Project Administration Agreement <br />.(PPAA) for Revenue Sharing projects funded solely with revenue sharing funds, valid for <br />three fiscal years, FY 2013-14, FY 2014-15, and FY 2015-16, with an option to extend <br />for an additional three fiscal years, FY 2016-17, FY 2017-18, and FY 2018-19, that will <br />expire on June 30, 2016 unless the extension option is exercised; and <br />WHEREAS, the Virginia Department of Transportation recommends execution <br />of an extension addendum to the agreement in order to extend the agreement for three <br />additional fiscal years and requests the City of Portsmouth to provide assurance of its <br />commitment to funding its local share for each (PPAA) project for Fiscal Years 2013-14, <br />2014-15, and 2015-16, and in meeting its financial obligation-under the Program. <br />NOW, THEREFORE, BE IT RESOLVED that the Council of the City of <br />Portsmouth, Virginia hereby commits to fund its local share of preliminary engineering, <br />right-of--way and construction (as applicable) of the projects under agreement with the <br />Virginia Department of Transportation in accordance with the project financial <br />documents. <br />BE IT FURTHER RESOLVED, that the City Manager is hereby authorized to <br />execute the extension addendum to the Programmatic Project Administration Agreement <br />(PPAA). <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on May 24, 2016. <br />Teste: <br />City Clerk <br />