Loading...
HomeMy Public PortalAbout2011_10_25_R129 - VDOT Revenue Sharing Agreement for Sycolin Rd Widening Ph. IIIThe Town of Leesburg, Virginia RESOLUTION NO. 2011-129 PRESENTED October 25, 2011 ADOPTED October 25, 2011 A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE THE APPLICATION FOR VDOT REVENUE SHARING FUNDS FOR THE SYCOLIN ROAD WIDENING PHASE III PROJECT WHEREAS, the Sycolin Road Widening Phase III project is an identified capital project in the Town's FY 2012 — 2017 Capital Improvement Program; and WHEREAS, the Town of Leesburg desires to submit an application for an allocation of funds of up to $1,000,000 through the Virginia Department of Transportation Fiscal Year 2013 Revenue Sharing Program; and WHEREAS, the Town received $1,000,000 in Revenue Sharing funding from VDOT in 2008 for this project; and WHEREAS, the current request will allow the Town to reduce the local gas tax share on the project; and WHEREAS, the local gas tax match can then be put towards the Sycolin Road Widening Phase IV project; and WHEREAS, the additional $1,000,000 of these Revenue Sharing funds is requested to fund a portion of the Sycolin Road Widening Phase III project. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The Town Council supports this application for an allocation of $1,000,000 through the Virginia Department of Transportation Revenue Sharing Program. SECTION II. The Town Manager is authorized to execute any and all documents associated with the grant application. -2- A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE THE APPLICATION FOR VDOT REVENUE SHARING FUNDS FOR THE SYCOLIN ROAD WIDENING PHASE III PROJECT PASSED this 25`h day of October 2011. a * 0 Clerk of 1 stattd, ayor Town of Leesburg P:\Resolutions\Resolutions 2011 \1025 VDOT Rev Share Application FY13 Sycolin Ill.docx