19980127 r-98-8RESOLUTION NO. R-98-8
REQUESTING THE VIRGINIA DEPARTMENT OF TRANSPORTATION ALLOW
THE CITY OF FAIRFAX TO EXPEDITE THE FUNDING OF CHAIN BRIDGE ROAD
IMPROVEMENTS THROUGH THE USE OF THE ANNUAL CONSTRUCTION
ALLOCATION MONIES AS THE SOURCE FOR BOND REPAYMENT
WHEREAS the City Council of the City of Fairfax has requested on January 27, 1998 the
inclusion of the Chain Bridge Road improvements from Lee Highway north 150 meters in the
Virginia Department of Transportation Six-Year Improvement Plan, and
WHEREAS the City of Fairfax wishes to utilize up to 33% of its urban allocation to
expedite the funding of the Chain Bridge Road Improvement Project in accordance with Section
33.1-23.3B of the State Code.
NOW THEREFORE BE IT RESOLVED the City Council of the City of Fairfax,
Virginia, meeting in regular session this 27th day of January, 1998, hereby request the Virginia
Department of Transportation to approve the use of the city's urban allocation funds to repay the
bond debt of an estimated $5.7 million for this project thus allowing the City of Fairfax to
expedite the project, and
BE IT FURTHERED RESOLVED that the City of Fairfax hereby requests that the
Virginia Department of Transportation prepare the necessary agreements to be executed by the
City and the Department in support of this funding proposal.
Adopted this 27th day of January, 1998
ATTEST: