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HomeMy Public PortalAbout2019_09_24_R141 Virginia Department of Transportation Fiscal Years 2021 and 2022 Revenue Sharing Program Funding for the Traffic Signal at Sycolin Road and Gateway Drive ProjectThe Town of Leesburg, Virginia PRESENTED: September 24, 2019 RESOLUTION NO. 2019-141 ADOPTED: September 24, 2019 A RESOLUTION: ENDORSING THE APPLICATION FOR THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2021 REVENUE SHARING PROGRAM FUNDING FOR THE TRAFFIC SIGNAL AT SYCOLIN ROAD AND GATEWAY DRIVE PROJECT WHEREAS, the Virginia Department of Transportation (VDOT) Revenue Sharing Program provides funding to local governments to construct, improve, or maintain the highway system within that jurisdiction; and WHEREAS, the Revenue Sharing Program provides funding for 50% of eligible project costs, with the local government responsible for the remainder of the project costs; and WHEREAS, VDOT is accepting applications for Revenue Sharing funds for Fiscal Year 2021; and WHEREAS, the Town of Leesburg desires to submit an application for the Traffic Signal at Sycolin Road and Gateway Drive project to be funded through the VDOT Revenue Sharing Program; and WHEREAS, the Traffic Signal at Sycolin Road and Gateway Drive project is included in the Town's Fiscal Year 2020 — 2025 Capital Improvements Program; and WHEREAS, the Town of Leesburg desires to submit an application for $400,000 in VDOT Fiscal Year 2021 Revenue Sharing funds to be matched with $400,000 in local funding derived from Northern Virginia Transportation Authority 30% funds, and other potential future funding sources. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The Town Council supports this application for VDOT Fiscal Year 2021 Revenue Sharing Program funds for the Traffic Signal at Sycolin Road and Gateway Drive project. -2- A RESOLUTION: ENDORSING THE APPLICATION FOR THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEAR 2021 REVENUE SHARING PROGRAM FUNDING FOR THE TRAFFIC SIGNAL AT SYCOLIN ROAD AND GATEWAY DRIVE PROJECT SECTION II. The Town of Leesburg hereby agrees to provide its share of the total cost for preliminary engineering, right-of-way and construction of these projects in accordance with the project financial documents. SECTION III. The Town of Leesburg will be responsible for maintenance and operating costs of the facility as constructed unless other arrangements have been made with VDOT. SECTION IV. If the Town of Leesburg subsequently elects to cancel the project, the Town of Leesburg hereby agrees to reimburse VDOT for the total amount of costs expended by VDOT through the date VDOT is notified of such cancellation. The Town of Leesburg also agrees to repay any funds previously reimbursed that are later deemed ineligible by VDOT. SECTION V. The Town of Leesburg hereby grants authority for the Town Manager to apply for funds and execute project administration agreements, as well as other documents necessary for approved projects. PASSED this 24th day of September, 2019. Kelly yor Town of Leesburg Clerk of Council LF\LeesburgRMS\Town_Clerk\Resolutions\2019\0924 Virginia Department of Transportation Fiscal Years 2021 and 2022 Revenue Sharing Program Funding for the Traffic Signal at Sycolin Road and Gateway Drive Project