Title
Resolution Supporting an Extension of a Programmatic Project Administration Agreement for VDOT Revenue Sharing Projects
Purpose
PURPOSE/BACKGROUND:
The Virginia Department of Transportation, through its Revenue Sharing Program, has offered the City revenue sharing funds for use on roadway improvement projects on a 50/50 share basis. The City and VDOT entered into a Programmatic Project Administration Agreement for Revenue Sharing Projects on August 13, 2013. This agreement has an initial term of three fiscal years (each year beginning July 1st - June 30th), and will expire on June 30, 2016, and may be extended for one additional term of three fiscal years.
Discussion:
The attached resolution will provide for the extension of the agreement. It affirms the City’s commitment 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 and authorizes the City Manager to execute the agreement.
Impact:
Not Applicable
Recommendation:
Rec
Approve Resolution
Body
WHEREAS, the Virginia Department of Transportation, through its Revenue Sharing Program, has offered the City revenue sharing funds for use on roadway improvement projects on a 50/50 share basis; and
WHEREAS, the City and VDOT, entered into a Programmatic Project Administration Agreement for Revenue Sharing Projects on August 13, 2013; and
WHEREAS, said agreement has an initial term of three fiscal years (each year beginning July 1st - June 30th), and will expire on June 30, 2016, and may be extended for one additional term of three fiscal years; and
WHEREAS, VDOT has proffered an extension agreement which will extend the expiration date to June 30, 2019; and
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HAMPTON, VIRINGIA: that the City Council hereby commits to fund its local share of preliminary engineering, right-of-way and construction (as applicable) of ...
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