City of Alexandria, Virginia
________________
MEMORANDUM
DATE: NOVEMBER 5, 2014
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: RASHAD M. YOUNG, CITY MANAGER/s/
DOCKET TITLE:
TITLE
Consideration of Adoption of a Resolution for a Competitive Grant Application to the Virginia Department of Transportation for Fiscal Year 2016 Revenue Sharing Program Funding. [ROLL-CALL VOTE]
BODY
_________________________________________________________________
ISSUE: City Council consideration of a competitive grant application to the Virginia Department of Transportation (VDOT) in the amount of $2,425,000 for the Citywide street and alley reconstruction and resurfacing of major roads. If City Council approves the request, a formal Council Resolution must be fully executed and submitted to VDOT by November 25, 2014.
RECOMMENDATION: That City Council:
(1) Adopt the attached resolution (Attachment 1) to apply for a FY 2016 Revenue Sharing Program funding allocation from the Virginia Department of Transportation for the Citywide street and alley reconstruction and resurfacing of major roads; and
(2) Authorize the City Manager to submit this resolution and enter into any agreements with the State that may be required to receive these funds should the requested allocation be approved.
BACKGROUND: The Commonwealth of Virginia's Revenue Sharing Program provides additional funding for use by a county, city, or town to construct, reconstruct, improve, or maintain the highway systems within such county, city, or town, and for eligible rural additions in certain counties of the Commonwealth. Locality funds are matched, dollar for dollar, with State funds, with certain limitations on the amount of State funds authorized per locality. When it has had eligible projects and match funding, the City has availed itself of this Revenue Sharing Program.
Applications for Revenue Sharing funds must be made by resolution of the governing body of the appl...
Click here for full text