Title
Resolution to Amend and Restate the City's Request to the Virginia Department of Transportation to Program Two (2) Capital Projects into its 6-Year Improvement Plan with Transportation Alternatives Set Aside Funds
Purpose
PURPOSE/BACKGROUND:
The purpose of this resolution is to amend and restate a prior request to the Virginia Department of Transportation ("VDOT"), based on specific direction from VDOT.
Discussion:
In 2017, the City Council approved a resolution to endorse seven (7) transportation alternative set-aside projects in accordance with the Commonwealth Transportation Board's construction allocation procedures. That 2017 resolution provides that the City agrees to provide a minimum of 20% funding for each project. At that time, it was anticipated that each of those projects would be approved and ultimately funded by 80% of federal funds, with the remaining 20% being the City's responsibility (the "80/20 Formula"). In 2018, the City Council further requested that the Virginia Department of Transportation ("VDOT") incorporate in its Six-Year Improvement Plan three (3) of those seven projects, and specifically requested in that resolution that those projects be funded using the 80/20 Formula. VDOT has since advised the City that for two (2) of those projects, the required local match will be 21%, and has therefore asked the City to approve another resolution to remove reference to the 80/20 Formula, and replace it with more flexible language regarding the percentage allocation between the parties prior to the execution of the programmatic agreements necessary to bring those projects to fruition. The projects currently known to be affected by this issue are:
1) Mercury Boulevard Road Diet & Improvements - Segment I from Mallory Street to Willard Avenue ($594,000 Total Funding; anticipated to be funded by 79% federal funds; 21% local funds)
2) Mercury Boulevard Road Diet & Improvements - Segment II from Willard Avenue to Mellen St...
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