Minutes 02/12/2008 - Laserfiche WebLink

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Februarv 12. 2008 Discussion: . The Turnpike Road project plans are 90% complete and all necessary property has been acquired by VDOT. The Turnpike project has been Portsmouth's number one priority to VDOT as an "urban funded project" . Recent funding identified by VDOT in addition to the $2 million that would be available thru Revenue Sharing could accelerate the $11.6 million Turnpike Road project from a scheduled 2019 ad date to as early as 2010. . The Turnpike Road improvement project meets all the criteria set by VDOT for use of these funds. . The accelerated timing of this project would coordinate improvements with the next phase of Hope VI and the former Norcom site development. Financial Impact: . The financial impact to the city as a result of this proposal will be that $1 ,000,000 will be required as matching funds from the city's Capital Improvements Program in FY 2009 or funds previously appropriated for the Midtown Corridor. Staff Recommends: Adoption of resolution. Vision Principle: Thriving Neighborhoods and a Sense of Community. Next Steps Following Council Action: . Submission of formal request for the Revenue Sharing funds. City will begin working with VDOT to finalize construction plans for the Turnpike Road improvement project and to coordinate this work with the proposed adjacent developments. Motion by Ms. Psimas, and seconded by Ms. Randall, to adopt the following resolution, and was adopted by the following vote: "RESOLUTION REQUESTING ALLOCATION OF FUNDS FROM THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2008-2009, REVENUE SHARING PROGRAM. WHEREAS, the City Council of the City of Portsmouth desires to submit an application for an allocation of funds of up to $1,000,000 through the Virginia Department of Transportation Fiscal Year 2008-2009, Revenue Sharing Program; and WHEREAS, $1,000,000 of these funds are requested to fund Improvements of Turnpike Road from Frederick Boulevard to Constitution Avenue, a project estimated at a total cost of $11,6000,000, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Portsmouth hereby supports this application for an allocation of $1 ,000,000 through the Virginia Department of Transportation Revenue Sharing Program. BE IT FURTHER RESOLVED that this resolution shall take effect on the date of its adoption." Ayes: Heretick, Moody, Psimas, Randall, D. Smith, R. Smith, Holley Nays: None 08 - 81 - Adoption of a resolution endorsing Todi, Italy and Goree Island, Senegal as Sister Cities. Vision Principle: Bold New Directions. Background: . Currently the City of Portsmouth, Virginia has three official Sister Cities: Dunedin, New Zealand (1962); Portsmouth, England (1982); and Kericho, Kenya (2002).