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HomeMy Public PortalAbout2007_06_12_r095 The Town of Leesburg, Virginia PRESENTED June 12.2007 RESOLUTION NO. 2007-95 ADOPTED June 12.2007 A RESOLUTION: APPROVING DOWNTOWN STREETLIGHT TOWNNDOT ADMINISTRATIVE AGREEMENT AND AUTHORIZING THE TOWN MANAGER TO EXECUTE THIS AGREEMENT WHEREAS, Resolution No. 2005-170 authorized a request for funds from the Virginia Department of Transportation (VDOT) from the Federal Highway Administration Transportation Enhancement Program for a project to replace the existing streetlights in portions of the downtown Historic District with historically appropriate streetlights; and WHEREAS, on May 17, 2006, the Virginia Commonwealth Transportation Board approved Transportation Enhancement Grant funding for the project in the amount of $200,000; and WHEREAS, the Town's minimum matching funding under the Transportation Enhancement Program is $50,000, or 20% of the $250,000 Total Funded Project Cost; and WHEREAS, the Town's approved FY 2007 budget includes $100,000 in bonds for this project. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the Town Manager is authorized to execute the attached TownNDOT Administrative Agreement for the Downtown Streetlight Project under the Transportation Enhancement Program. PASSED this 12th day of June 2007. ~~~ .. )... , \. I. 1 .' .. rJ Kristen C. Umstattd, Mayor Town of Leesburg ATTEST: ~:J~Cifl- tl~ R07 Downtown Stlts voor Agreement