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November 27, 2012 <br />"RESOLUTION OF THE COUNCIL OF THE CITY OF PORTSMOUTH, VIRGINIA <br />AUTHORIZING APPLICATION FOR AN ALLOCATION OF FUNDS THROUGH THE <br />VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2014 REVENUE <br />SHARING PROGRAM FOR THE REHABILITATION OF THE PARADISE CREEK <br />BRIDGE. <br />WHEREAS the City of Portsmouth desires to submit an application for an <br />allocation of funds up to $100,000 through the Virginia Department of Transportation <br />Fiscal Year 2014 Revenue Sharing Program; and <br />WHEREAS, $100,000 of these funds are requested to fund the rehabilitation of <br />the Paradise Creek Bridge in the City. <br />NOW THEREFORE BE IT RESOLVED by the Council of the City of Portsmouth, <br />Virginia that it hereby supports the application for an allocation of $100,000 through the <br />Virginia Department of Transportation Revenue Sharing 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 />Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright <br />Nays: None <br />12 - 466 -Adoption of a resolution supporting participation in the Virginia <br />Department of Transportation (VDOT) Fiscal Year 2014 Revenue Sharing <br />Program for the Replacement of the Churchland Bridge (Northbound Lanes). <br />Vision Principles: Neighborhoods and a Sense of Community, and a Robust <br />Economy for Working Men and Women. <br />Background: <br />• The Replacement of the Churchland Bridge project is currently under design. <br />• The VDOT Revenue Sharing Program provides an opportunity for localities to <br />provide local funds to match state funds for priority projects. <br />Discussion: <br />• VDOT issues a call to localities to submit Revenue Sharing applications for <br />qualifying projects in advance of their upcoming budget. <br />• City staff identifies projects and submits the required applications and other <br />supporting materials to VDOT for consideration. <br />• This project has previously received Revenue Sharing funds for design. <br />• The next project phase involves clearing the right of way in accordance with <br />VDOT standards and specifications. <br />• A resolution from City Council outlining the request to participate and its support <br />of the project identified for funding from the Revenue Sharing program is required to <br />complete the application process. <br />Financial Impact <br />• The estimate for this project phase is approximately $2,000,000. <br />• The City's matching share would be $1,000,000. Funding is available in the <br />approved Capital Improvements Program. <br />Recommended Action: <br />• Adoption of the resolution. Vision Principles: Neighborhoods and a Sense of <br />Community, and a Robust Economy for Working Men and Women. <br />Next Steps Following Council Action: <br />• Submit resolution to VDOT by December 3, 2012. <br />Motion by Mr. Moody, and seconded by Mr. Heretick, to adopt the following <br />resolution, and was adopted by the following vote: <br />