Minutes 11/27/2012 - Laserfiche WebLink

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November 27, 2012 Motion by Mr. Moody, and seconded by Mr. Whitehurst, to adopt the following resolution, and was adopted by the following vote: "RESOLUTION OF THE COUNCIL OF THE CITY OF PORTSMOUTH, VIRGINIA AUTHORIZING APPLICATION FOR AN ALLOCATION OF FUNDS THROUGH THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2014 REVENUE SHARING PROGRAM FOR THE CHURCHLAND BRIDGE (SOUTHBOUND LANES) PROJECT. WHEREAS the City of Portsmouth desires to submit an application for an allocation of funds up to $250,000 through the Virginia Department of Transportation Fiscal Year 2014 Revenue Sharing Program; and WHEREAS, $250,000 of these funds are requested to fund the Churchland Bridge (Southbound Lanes) Rehabilitation project; and NOW THEREFORE BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that it hereby supports the application for an allocation of $250,000 through the Virginia Department of Transportation Revenue Sharing Program. BE IT FURTHER RESOLVED that the City Manager or his designee is authorized to execute project administration agreements for any approved revenue sharing projects." Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright Nays: None 12 - 468 -Adoption of a resolution supporting participation in the Virginia Department of Transportation (VDOT) Fiscal Year 2014 Revenue Sharing Program for the Extension of Elliot Avenue. Vision Principle: Neighborhoods and a Sense of Community. Background: • The extension of Elliot Avenue is part of the Victory Village Apartments project. • The VDOT Revenue Sharing Program provides an opportunity for localities to provide local funds to match state funds for priority projects. Discussion: • VDOT issues a call to localities to submit Revenue Sharing applications for qualifying projects in advance of their upcoming budget. • City staff identifies eligible projects and submits the required applications and other supporting materials to VDOT for consideration. • The extension of Elliot Avenue provides a key roadway connection within the Portsmouth Tidewater Community College Campus. • A resolution from City Council outlining the request to participate and its support of the project identified for funding from the Revenue Sharing program is required to complete the application process. Financial Impact • The estimate for this project is approximately $1,500,000. • The City is requesting $720,000 from the State. • The developer is proffering funds for the balance. Recommended Action: • Adoption of the resolution. Vision Principle: Neighborhoods and a Sense of Community. Next Steps Following Council Action: • Submit resolution to VDOT by December 3, 2012. Motion by Ms. Randall, and seconded by Mr. Heretick, to adopt the following resolution, and was adopted by the following vote: