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To support the application for an allocation of $10,000,000 through the Virginia Department of Transportation Revenue Sharing Program to provide maintenance and construction assistance to certain transportation projects.
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WHEREAS, the City of Richmond desires to submit an application for an allocation of funds of up to $10,000,000 through the Virginia Department of Transportation Fiscal Year 2025-2026 Revenue Sharing Program; and WHEREAS, $10,000,000 of these funds are requested to fund the construction and maintenance projects set forth on the document entitled “City of Richmond, FY 25-26 VDOT Revenue Sharing Program Application Project List,” a copy of which is attached to this resolution; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RICHMOND: That the Council of the City of Richmond hereby supports this application for an allocation of $10,000,000 through the Virginia Department of Transportation Revenue Sharing Program. BE IT FURTHER RESOLVED:
That the City hereby agrees to commit to its share of the total cost for preliminary engineering, right-of-way and construction of the project or projects in accordance with the project financial documents.