City of Alexandria, Virginia
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MEMORANDUM
DATE: JANUARY 22, 2014
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: RASHAD M. YOUNG, CITY MANAGER /s/
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Consideration of Authorization for City Manager to Approve a Memorandum of Agreement Between The Northern Virginia Transportation Authority and The City of Alexandria For Distribution of the Thirty Percent Transportation Funding.
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ISSUE: Consideration of a memorandum of agreement (MOA) between the Northern Virginia Transportation Authority (NVTA) and the City of Alexandria for distribution of the 30 percent transportation funds allocated by NVTA to the jurisdictions.
RECOMMENDATION: That City Council authorize the City Manager to sign the proposed MOA with NVTA (Attachment 1), which will allow NVTA to distribute the 30 percent transportation funding to the City.
BACKGROUND: In April 2013, House Bill 2313 was signed into law, levying additional taxes and a fee in planning districts that meet population, motor vehicle registration, and transit ridership criteria. As of July 1, 2013, only the Northern Virginia and Hampton Roads planning districts will meet these criteria. The additional revenues generated in Northern Virginia through the new taxes and fees are deposited into a fund managed by NVTA. Thirty percent of the funds will be distributed directly to member localities for use on transportation projects; the remaining 70 percent of the funds will be allocated by NVTA for transportation projects of regional significance. The City's 10-year proposed use of the 70 percent transportation funds will be brought to City Council for approval on January 28, 2014.
HB 2313 directs NVTA to return 30 percent of the revenue collected from the three Northern Virginia taxes and fee to the city or counties in which these funds were raised. Alexandria is estimated to receive ...
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