Title
Resolution to Amend the Fiscal Year 2022 Council Approved Budget to Accept and Appropriate $670,695 in SMART SCALE Funding from the Virginia Department of Transportation to the Capital Projects Fund for the North Armistead Avenue Reconstruction Project and Transfer Bond Funds of $480,000 from the Armistead Avenue Road Raising Stormwater Bond Project to the North Armistead Avenue Reconstruction Stormwater Bond Project
Purpose
The project will be a reconstruction of Armistead Avenue between Thomas Street and Convention Center Boulevard to mitigate drainage issues and provide pedestrian/ADA access and associated amenities along both sides of the roadway.
The North Armistead Avenue Reconstruction Project (UPC 115243) was included within the SMART Scale Round 3 applications in 2018. Originally scheduled to begin in Fiscal Year 2024, the project was requested to be advanced due to cost savings, which could be realized if the project were to be run in tandem with the North Armistead Avenue Road Raising Resilience project in the same area of North Armistead Avenue. The Virginia Department of Transportation (“VDOT”) has agreed to advance the project and program within the approved Six Year Improvement Plan.
Discussion
See Purpose/Background
Impact
Net Impact $670,695 for the North Armistead Avenue Reconstruction Project.
Rec
Approve the resolution.
Body
WHEREAS, the North Armistead Avenue Reconstruction Project (UPC 115243) (the “Project”) was included within the Fiscal Year 2024 Capital Improvement Plan, but advancing the Project to Fiscal Year 2022 to coordinate with the North Armistead Avenue Road Raising Resilience Project, currently under design, would be a cost savings measure;
WHEREAS, the Virginia Department of Transportation (“VDOT”) has advanced the project by including it in the Six Year Improvement Plan and appropriating $670,695 of Fiscal Year 2022 SMART SCALE Funding;
WHEREAS, the...
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