Title
Resolution to Designate Wythe Creek Road Project as a Revenue Sharing Recipient Project and Transfer Virginia Department of Transportation Surplus Revenue Sharing Funds in the Amount of $104,008 from the Buckroe Avenue Reconstruction Project to the Wythe Creek Road Project
Purpose
PURPOSE/BACKGROUND:
The City of Hampton’s adopted Capital Improvement Plan (CIP) approved Virginia Department of Transportation (VDOT) Revenue Sharing funds for the Buckroe Avenue Reconstruction project (UPC 102988) (the “Buckroe Project”), a Revenue Sharing project. Revenue Sharing funds are 50% State and 50% City Funds. The construction costs of the project were completed under budget. The Buckroe Project has $104,008 ($52,004 State/$52,004 City) in surplus funds remaining on the project. The City of Hampton (“City”) did not have any allocated Revenue Sharing projects within a six month time frame of the construction completion of the Buckroe Project and usually those surplus funds would have to be returned to the Virginia Department of Transportation (“VDOT”) as balance entry accounts. The City’s Public Works Department recommends designating the Wythe Creek Road Project (UPC 97715) (the “Wythe Project”), a Regional Surface Transportation Program (RSTP) Project, to become a Revenue Sharing recipient and further recommends transferring surplus funds from the Buckroe Project to the Wythe Project. The Wythe Project will construct a new bridge above the causeway elevation, providing an evacuation route from Poquoson into Hampton. Wythe Creek Road (Route 172) will be widened to include a reversible lane which will alleviate peak-hour traffic demands. Designating the Wythe Project as a Revenue Sharing recipient project allows both State and City funds to pay for lighting, which was stricken from the project because it could not be funded through RSTP funding guidelines. Such funding restrictions are not present with Revenue Share funds and can be utilized to enhance visibility and safety on the Wythe Creek Bridge upon which a $41.52 million enhancement project is ongoing. VDOT has agreed to transfer the excess funds from the Buckroe Project to the Wythe Project. The Wythe Project is a VDOT-managed project.
Discussion:
See Purpose/Background
Impact:
All local funds have been approved and appropriated previously by City Council.
Recommendation:
Rec
Approve resolution and forward to Commonwealth Transportation Board for designation of the Wythe Creek Road Project as a Revenue Sharing recipient project.
Body
WHEREAS, the Wythe Creek Road Project (UPC 97715), a Regional Surface Transportation Program (“RSTP”) Project, managed by the Virginia Department of Transportation (“VDOT”), is currently in need of an additional $104,008 in funds to pay for lighting on the Wythe Creek Bridge, which costs were stricken from the project because it could not be funded through RSTP funding guidelines;
WHEREAS, Hampton City Council previously approved funding to the Buckroe Avenue Reconstruction project (UPC 102988), a Revenue Sharing project, which is now complete and has surplus funds in the amount of $104,008 ($52,004 State/$52,004 City);
WHEREAS, the City of Hampton (“City”) Public Works Department recommends the Wythe Creek Road Project (UPC 97715) be designated as a Revenue Sharing recipient project by the Commonwealth Transportation Board (“CTB”) so that the project may receive funds from the Buckroe Avenue Reconstruction project (UPC 102988);
WHEREAS, VDOT has agreed to transfer, upon CTB approval, the excess funds from the Buckroe Avenue Reconstruction project (UPC 102988) to the Wythe Creek Road Project (UPC 97715); and
WHEREAS, City Council wishes to transfer, upon CTB approval, the surplus Revenue Sharing funds totaling $104,008 from the Buckroe Avenue Reconstruction project (UPC 102988) to the Wythe Creek Road Project (UPC 97715) in order to use the funds to pay for lighting for the Wythe Creek Road Project.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HAMPTON, VIRGINIA, that the Wythe Creek Road Project (UPC 97715), be considered and designated as a Revenue Sharing recipient project by the Commonwealth Transportation Board, and that $104,008 ($52,004 State/$52,004 City) in surplus Revenue Sharing funds be reallocated, upon Commonwealth Transportation Board approval, from the Revenue Sharing Buckroe Avenue Reconstruction Project (UPC 102988) to the Wythe Creek Road Project (UPC 97715), in order to provide the additional needed funds for lighting to the Wythe Creek Road Project; and
BE IT FURTHER RESOLVED, that the City Manager, or her authorized designee, is hereby authorized to take any and all necessary actions to carry out the purposes of this Resolution, subject to approval by the City Attorney, including, but not limited to, executing any required applications and agreements between the City of Hampton and VDOT to transfer remaining Revenue Sharing funds from the Buckroe Avenue Reconstruction project to the Wythe Creek Road Project.