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HomeMy Public PortalAbout1991_05_14_R101The Town of Leesburg, .rg ma RESOLUTION NO. A RESOLUTION: PRESENTED May 14 ~ 1991 91-101 ADOPTED May 14, 1991 MAKING AN APPROPRIATION FOR INSTAI,L&TION OF A TRAFFIC SIGNAL ON EAST MARKET STREET (ROUTE 7) AT THE ROUTE 15 BYPASS PASSED this 14 th day of rt7rtl5.res Robert E Sevila~ May-o~ Town of Leesburg WHEREAS, the intersection of East Market Street and the Route 15 Bypass southbound exit ramp is an important regional road connection; and WHEREAS, high volumes of vehicles at peak hours cause lengthy delays and unsafe traffic back- ups at this intersection; and WHEREAS, a traffic signal is warranted for this intersection in accordance with the Manual on Uniform Traffic Control Devices; and WHEREAS, installation of a traffic signal at this intersection is included in the Town of Leesburg FY91-95 Capital Improvements Program; and WHEREAS, Loudoun County has allocated to the Town $57,000 in matching funds towards the construction of this traffic signal from Loudoun County gas tax revenue; and WHEREAS, the town's matching funds will come from proffered off-site transportation fees which have already been collected. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The capital projects fund budget for the fiscal year ending June 30, 1991 is hereby amended to provide $57,000 of proffered off-site transportation funds and $57,000 in County contributions for the construction of a traffic signal on East Market Street at the Route 7 and Route 15 Bypass. SECTION II. An appropriation is made in the amount of $114,000 to the Highways Capital Projects Fund account #902-9212-700-090 and will remain in effect until the project is completed.