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HomeMy Public PortalAbout1995_04_25_R086The Town of Leesburg, .rg ma RESOLUTION NO. A RESOLUTION: PRESENTED April 25 ~ 1995 95-86 ADOPTED April 25. 1995 ESTABLISHING A CAPITAL PROJECT AND TRANSFERRING GAS TAX FUNDS FOR A TRAFFIC SIGNAL AT THE INTERSECTION OF EDWARDS FERRY ROAD AND PLAZA STREET /~~ST: "~ Clerk of Council R:gastax.fnd PASSED this 25th day of April , 1995. J,t(mes E. Clem, Mayor Town o'~'---- -I Leesburg WHEREAS, engineering studies have concluded that a traffic signal is warranted at the intersection of Edwards Ferry Road and Plaza Street; and WHEREAS, County Gas Tax funds in the amount of $30,000.00, received by the town during the current fiscal year, can be reassigned from the East Market/Catoctin Circle turn lane project to the Edwards Ferry Road/Plaza Street traffic signal; and WHEREAS, Loudoun County was advised by letter dated December 21, 1994 that the town is reassigning $30,000.00 of gas tax funds previously allocated to the East Market/Catoctin Circle left turn lane project; and WHEREAS, the addition of turn lanes and storm drainage improvements at the intersection of Edwards Ferry Road and Plaza Street is in the town's capital project program and proposals for engineering and design are currently under review; and WHEREAS, design of the traffic signal can be included with the turn lane project. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The installation of a traffic signal at the intersection of Edwards Ferry Road and Plaza Street is hereby established as a Highway Capital Project. SECTION II. A transfer of $30,000.00 from the Catoctin Circle left turn lane project (903.9220.700.725) to the Edwards Ferry Road/Plaza Street traffic signal project is hereby authorized.