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HomeMy Public PortalAbout2023_12_12_R173 Amendment to the Virginia Department of Transportation Fiscal Years 2027 and 2028 Revenue Sharing Program Funding Application EndorsementsThe Town of Leesburg, Virginia RESOLUTION NO. 2023-173 PRESENTED: December 12, 2023 ADOPTED: December 12, 2023 A RESOLUTION: ENDORSE THE APPLICATION FOR THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEARS 2027 AND 2028 REVENUE SHARING PROGRAM FUNDING FOR MILLING AND PAVING WHEREAS, the Virginia Department of Transportation (VDOT) Revenue Sharing Program provides funding to local governments to construct, improve, or maintain the highway systems in that jurisdiction; and WHEREAS, the Revenue Sharing Program provides for 50% of the eligible project costs, with the local government responsible for the remainder of the project costs; and WHEREAS, the Virginia Department of Transportation is accepting 2023 applications for Revenue Sharing funds for Fiscal Years 2027 and 2028; and WHEREAS, the Town of Leesburg desires to submit an application for an estimated allocation of $1,024,407 of Virginia Depaitment of Transportation Fiscal Years 2027 and 2028 Revenue Sharing Program funds for Town -wide Milling and Paving; and WHEREAS, the estimated $1,024,407 is subject to change, pending VDOT review of the Revenue Sharing application; and WHEREAS, the Town -wide Milling and Paving is in the Town's Fiscal Year 2024 - 2029 Maintenance Budget; and WHEREAS, the Town of Leesburg hereby supports this application for an allocation of funds through the Virginia Department of Transportation Fiscal Years 2027 and 2028 Revenue Sharing Program. THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia as follows: -2- A RESOLUTION: ENDORSE THE APPLICATION FOR THE VIRGINIA DEPARTMENT OF TRANSPORTATION FISCAL YEARS 2027 AND 2028 REVENUE SHARING PROGRAM FUNDING FOR MILLING AND PAVING 1. The Town Council supports this application for the Virginia Department of Transportation Fiscal Years 2027-28 Revenue Sharing for the Town -wide Milling and Paving. 2. The Town of Leesburg requests the Commonwealth Transportation Board to establish a project for the construction of Town -wide Milling and Paving. 3. The Town Council of the Town of Leesburg hereby commits to fund its local share of preliminary engineering, right-of-way, and construction (as applicable) of the project(s) under agreement with the Virginia Department of Transportation in accordance with the project financial document(s). 4. The Town of Leesburg Town Manager is authorized to execute all agreements and/or addendums for any approved projects with the Virginia Depailnuent of Transportation. PASSED this 12 day of December 2023. Town of Leesburg ATTEST: Clerk of Council