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R-26-23 A RESOLUTION CERTIFYING THE CITY OF PORTSMOUTH'S SUPPORT OF AN APPLICATION FOR THE U.S. DEPARTMENT OF TRANSPORTATION'S UNITED STATES MARINE HIGHWAY PROGRAM IN THE AMOUNT OF $2,000,000 FOR THE PURCHASE OF BARGE COMPONENTS TO REPLACE AN AGING HEAVY -LIFT ASSET TO ACCOMMODATE RAPIDLY EVOLVING INDUSTRY NEEDS. WHEREAS, Crofton Construction Services, Inc. has long operated a maritime facility at 16 Harper Avenue in Portsmouth; and WHEREAS, Crofton is seeking construction funds to replace and modernize a critical heavy -lift asset which supports the regional maritime and defense industrial base; and WHEREAS, the U.S. Department of Transportation's United States Marine Highway Program offers grants to relieve landside congestion and generate other public benefits by increasing the efficiency of the surface transportation system; and WHEREAS, Crofton has requested that the Portsmouth Port and Industrial Commission apply for a grant under the United States Marine Highway Program to fund a portion of the project; and WHEREAS, the application will seek a grant in the amount of $2,000,000 from the federal government, and Crofton would be required to expend at least $2,000,000 of its own funds to satisfy the required match; and WHEREAS, the project would upgrade a critical piece of port infrastructure, preserve a sector of business that would otherwise route to alternative ports of call, expand operational capacity, and optimize the use of our intercoastal waterway for marine transport; and WHEREAS, if the grant is awarded, the project will be funded by federal and private funds, and neither the City nor the Portsmouth Port and Industrial Commission will be required to contribute any local funds; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia: 1. That it hereby endorses and supports the application of the Portsmouth Port & Industrial Commission for $2,000,000 from the U.S. Department of Transportation United States Marine Highway Program in furtherance of the purchase of barge components based at 16 Harper Avenue to restore America's maritime dominance. 2. That the City Manager is authorized to take such further actions and execute such further certifications as are necessary or desirable in furtherance of the application and the purposes of this resolution.