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HomeMy Public PortalAbout2020_12_08_R119 Supplemental Appropriation of Virginia Risk Sharing Association Payments for Traffic Signal The Town of Leesburg, Virginia PRESENTED: December 8, 2020 RESOLUTION NO. 2020-119 ADOPTED: December 8, 2020 A RESOLUTION: AMENDING THE FISCAL YEAR 2021 GENERAL FUND OPERATING BUDGET AND MAKING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $46,989.02 RECEIVED FROM INSURANCE PAYMENTS FROM VIRGINIA RISK SHARING ASSOCIATION(VRSA)FOR THE REPAIR OF TOWN TRAFFIC SIGNAL EQUIPMENT WHEREAS, the Town's Depai lnient of Public Works and Capital Projects maintains and repairs Town traffic signal equipment; and WHEREAS, On February 24, 2020 a privately owned dump truck, not working for the Town, struck and damaged the traffic signal located at the northeastern corner of the Russell Branch Parkway and Crosstrail Boulevard; and WHEREAS, the Town has received insurance payments in the amount of$46,989.02 from Virginia Risk Sharing Association (VRSA) for the replacement and/or repair of the damaged Town traffic signal equipment. THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that the General Fund operating budget is hereby amended and a supplemental appropriation is made in the amount of$46,989.02 for the Department of Public Works and Capital Projects for the fiscal year beginning July 1, 2020 and ending June 30, 2021. PASSED this 8' day of December, 2020. Kelly B rk, Mir or Town of Leesburg ATTEST: rC%/ ��:� Clerk of Council LF\LeesburgRMS\Town_Clerk\Resolutions\2020\1208 Supplemental Appropriation of Virginia Risk Sharing Association Payments for Traffic Signal