Minutes 03/08/2022 - Laserfiche WebLink

Home Browse Search

March 8, 2022 Ayes: Barnes, Battle, Lucas-Burke, Moody, Whitaker, Woodard, Glover Nays: None 22 - 69 - Adoption of a resolution to amend the Cost Allocation Agreement between the Cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, and Virginia Beach, and the Transportation District Commission of Hampton Roads. Background:  The City of Portsmouth, along with the Cities of Chesapeake, Hampton, Newport News, Norfolk, and Virginia Beach and the Transportation District Commission of Hampton Roads (“HRT”) are parties to the Cost Allocation Agreement, effectively dated October 1, 1999.  This Allocation Agreement, among its other provisions, defines how state and federal funding received by HRT is allocated to the Participating Cities for the capital and operating costs associated with acquiring, consolidating, rehabilitating, operating, and expanding public transportation facilities and services for the Hampton Roads region.  On June 9, 2020, Council adopted a resolution to modify and amend the Allocation Agreement so that HRT could help mitigate adverse financial impacts to it and the other Participating Cities until June 30, 2021.  On April 27, 2021, Council adopted a resolution to modify and amend the Allocation Agreement so that HRT could help mitigate adverse financial impacts to it and the other Participating Cities until June 30, 2022.  HRT intends to continue to help Portsmouth and the other member localities mitigate adverse financial impacts by strategically allocating HRT’s eligible state and federal funding to reduce the localities’ net contributions to HRT for FY 2023. Discussion:  The current Cost Allocation Agreement between HRT and its member localities (originally executed in 1999) does not permit HRT to strategically allocate its state and federal funding among the localities.  The Allocation Agreement may be amended through the adoption of resolutions by all member localities.  Adopting the Resolution presented for Council consideration will allow HRT to offset any deficiencies between the estimated Local Share in the Portsmouth Transit Service Plan and the actual Local Share determined by the Commission at the end of the fiscal year. Financial Impact:  Amending the HRT Cost Allocation Agreement will effectively create a net-zero variance to Portsmouth’s Preliminary FY23 Transit Service Plan (attached). Recommended Action:  Adoption of the Resolution. Next Steps Following Council Action:  The Finance Department will make any necessary budget adjustments. 1. Mark Geduldig-Yatrofsky, P. O. Box 50141, voiced his concern with underserved areas in the city. Motion by Ms. Lucas-Burke, and seconded by Mr. Barnes, to adopt the following resolution, and was adopted by the following vote: “RESOLUTION TO AMEND THE COST ALLOCATION AGREEMENT BETWEEN THE CITIES OF CHESAPEAKE, HAMPTON, NEWPORT NEWS, NORFOLK, PORTSMOUTH, VIRGINIA BEACH AND THE TRANSPORTATION DISTRICT COMMISSION OF HAMPTON ROADS.