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HomeMy Public PortalAbout2009_04_28_R047 - Town/VDOT Admin Agreement for Downtown Street Lights The Town of Leesburg, Virginia RESOLUTION NO. 2009-047 PRESENTED April 28. 2009 ADOPTED April 28. 2009 A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE AMENDMENT NO.1 TO THE EXISTING TOWN / VDOT ADMINISTRATIVE AGREEMENT FOR THE DOWNTOWN STREETLIGHT PROJECT WHEREAS the Town entered into an agreement with the Virginia Department of Transportation on July 16,2007 for $200,000 ofFY 2006 Transportation Enhancement funds for a project to replace existing streetlights in portions of the downtown area with more historically appropriate light fixtures; and WHEREAS, the Town applied for additional Transportation Enhancement funding in FY 2008 as authorized by Resolution No. 2007-144; and WHEREAS, on June 20, 2008, the Virginia Commonwealth Transportation Board approved FY 2008 Transportation Enhancement funding for the project in the amount of $200,000; and WHEREAS, the Transportation Enhancement funding requires a minimum matching funding from the Town of $ 100,000 or 20% of the total project cost of $500,000 as outlined below; Grant Fiscal Year VDOT Funding Town Funding Total (80%) (20%) (100%) FY 2006 $200,000 $50,000 $250,000 FY 2008 $200,000 $50,000 $250,000 Total Grants $400,000 $100,000 $500,000 and WHEREAS, the Town's approved FY 2009 budget includes a total of $100,000 in bond money in for this project through FY 2009 including prior year funding; and -2- A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE AMENDMENT NO.1 TO THE EXISTING TOWN / VDOT ADMINISTRATIVE AGREEMENT FOR THE DOWNTOWN STREETLIGHT PROJECT WHEREAS, an amendment to the existing Town / VDOT Administrative Agreement is necessary for the Town to receive these additional funds. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the Town Manager is authorized to execute the attached Town / VDOT Administrative Agreement Amendment No. 1 for the Downtown Streetlight Project under the Transportation Enhancement Program. PASSED this 28th day of April 2009. '~l~~ ~ C. stattd, Mayor Town of Leesburg ATTEST: c~