Title
Resolution to Amend the Fiscal Year 2022 Council Approved Budget and to Accept and Appropriate $943,831 in Additional Congestion Mitigation and Air Quality Funding from the Virginia Department of Transportation to the Capital Projects Fund for the Citywide Traffic Signal Upgrades - Phase IV Project
Purpose
PURPOSE/BACKGROUND:
The Citywide Traffic Signals Upgrades - Phase IV Project (UPC 116318) (the “Project”) will upgrade traffic signal system communications and operating components citywide. Virginia Department of Transportation (“VDOT”) and Hampton Roads Transportation Planning Organization (“HRTPO”) identified a surplus of $943,831 in Congestion Mitigation and Air Quality (“CMAQ”) funding during a reconciliation of completed projects in the region. HRTPO held the surplus funds in a balance entry account in order to keep the funding within the City of Hampton, with the funds now being held by VDOT for disbursement. The HRTPO Board approved the transfer of the surplus funds to the Project on May 20, 2021, and submitted a Transportation Improvement Program (“TIP”) amendment to the Commonwealth Transportation Board (“CTB”). CTB approved the funds to be transferred to the Project which now requires City Council resolution to appropriate the funds to be added to the Fiscal Year 2022 Council Approved Budget.
Discussion:
See Purpose/Background Above.
Impact:
Net Impact $943,831 in federal and state funds will be added to Citywide Traffic Signals Upgrade - Phase IV Project.
Recommendation:
Rec
Approve Resolution
Body
WHEREAS, in accordance with Virginia Department of Transportation ("VDOT") project allocation procedures, City Council must request, by resolution, that VDOT appropriate funds to highway projects in the City of Hampton;
WHEREAS, VDOT, the Hampton Roads Transportation Planning Organization (“HRTPO”), and the Commonwealth Transportation Board (“CTB”) have agreed to pay to the City th...
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