Thursday, June 26, 2014

Localities Across Commonwealth to get Approximately $180 Million

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Localities Across Commonwealth to get Approximately $180 Million in State Matching Funds for Transportation Projects
RICHMOND – Localities throughout Virginia will receive approximately $180 million in state matching funds, which advances nearly $880 million in transportation projects to improve roads, bridges, sidewalks, trails and traffic lights in their area. The Commonwealth Transportation Board (CTB) approved the funding through the state’s Revenue Sharing Program during its meeting in June. 
“Localities across the state, from rural counties to large urban cities, are able to make critical transportation improvements in their communities with state dollars,” said Transportation Secretary Aubrey Layne. “The Revenue Sharing Program provides a unique opportunity for the state and local governments to work in partnership to responsibly invest transportation dollars and support projects that enhance economic development opportunities in their locality.”
“The Revenue Sharing Program is an essential funding source for localities to proceed with their transportation priorities,” said Charlie Kilpatrick, commissioner of the Virginia Department of Transportation (VDOT). “The state’s contribution of $180 million advances projects valued almost five times that investment. Many projects will move forward to improve transportation throughout the commonwealth.”
Below is a partial list of projects that will advance under the Revenue Sharing Program
·       widen Lee Highway from two to four lanes from just east of Blevins Boulevard to just west of Alexis Drive in the City of Bristol 
·       repave several sections of unpaved roads in Culpeper County and new sidewalk construction in Albemarle County 
·       widen Morris Road/Mudd Tavern Road to four lanes and construct two double lane roundabouts from the bridge over Interstate 95 to just east of the bridge over I-95 in Spotsylvania County 
·       widen Courthouse Road from two to four lanes from Winding Creek Road to Cedar Lane in Stafford County
·       widen Rosemont Road to four lanes from Lynnhaven Parkway to Dam Neck Road in Virginia Beach
·       bridge replacement on Main Street over the Expressway in the City of Lynchburg
·       widen Lee Highway from Legato Road to Shirley Gate Road in Fairfax County
·       extend Riverside Parkway in Loudoun County from Lexington Drive to Loudoun County Parkway
·       citywide repaving in the City of Richmond and construction of additional bikeways and trails as part of 2015 World Cycling Championship event
·       Franklin Road bridge replacement and citywide repaving in the City of Roanoke
·       construct four lane extension of Snowden Bridge Blvd in Frederick County just east of Route 11
Localities apply for funding under the Revenue Sharing Program each year.  VDOT recommends projects for funding and the CTB approves the final list of projects and allocation amounts for each.
For more information on the Revenue Sharing Program go tohttp://www.virginiadot.org/business/local-assistance-access-programs.asp#Revenue_Sharing.

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