RESOLUTION
OF THE
COMMONWEALTH TRANSPORTATION BOARD
MOTION
Made By: Seconded By:
Action:
Title: Addition of Projects to the
Six-Year Improvement Program for
Fiscal Years 2015-2020
WHEREAS,
§ 33.2-214(B) of the Code of Virginia requires the
Commonwealth Transportation Board (Board) to adopt by July 1 of each year a
Six-Year Improvement Program (SYIP) of anticipated projects and programs and
that the SYIP shall be based on the most recent official revenue forecasts and
a debt management policy; and
WHEREAS, after due consideration the Board adopted a Final Revised
Fiscal Years 2015-2020 SYIP on November 12, 2014; and
WHEREAS, the Board is required by §§ 33.2-214(B) and 33.2-221(C) of
the Code of Virginia to administer and allocate funds in the Transportation
Trust Fund; and
WHEREAS, § 33.2-214(B) of the Code of
Virginia provides that the Board is to coordinate the planning for
financing of transportation needs, including needs for highways, railways,
seaports, airports, and public transportation and is to allocate funds for
these needs pursuant to §§ 33.2-358 and
58.1-638 of the Code of Virginia, by adopting a SYIP; and
WHEREAS, § 58.1-638 authorizes allocations to local governing
bodies, transportation district commissions, or public service corporations for,
among other things, capital project costs for public transportation and
ridesharing equipment, facilities, and associated costs; and
WHEREAS, the projects shown in Appendix
A were not included in the FY 2015-2020
SYIP adopted by the Board on November 12, 2014; and
WHEREAS, the Board recognizes that the projects are appropriate
for the efficient movement of people and freight and, therefore, for the common
good of the Commonwealth.
NOW,
THEREFORE, BE IT RESOLVED, by the
Commonwealth Transportation Board, that the projects shown in Appendix A are
added to the Six-Year Improvement Program of projects and programs for Fiscal
Years 2015 through 2020 and are approved.