Agenda item # 5 RESOLUTION OF THE COMMONWEALTH TRANSPORTATION BOARD October 27, 2015 MOTION Made By: Seconded By: Action: Title: Addition of Projects to the Six-Year Improvement Program for Fiscal Years 2016-2021 WHEREAS, Section 33.2-214(B) of the requires the Code of Virginia Commonwealth Transportation Board (Board) to adopt by July 1 of each year a Six-Year Improvement Program (Program) of anticipated projects and programs and that the Program shall be based on the most recent official revenue forecasts and a debt management policy; and after due consideration the Board adopted a Final Fiscal Years WHEREAS, 2016-2021 Program on June 17, 2015; and WHEREAS, the Board is required by Sections 33.2-214(B) and 33.2-221(C) of the to administer and allocate funds in the Transportation Trust Fund; Code of Virginia and Section 33.2-214(B) of the provides that the Board WHEREAS, Code of Virginia 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
Agenda item # 5 RESOLUTION OF THE COMMONWEALTH TRANSPORTATION BOARD October 27, 2015 MOTION Made By: Seconded By: Action: Title: Addition of Projects to the Six-Year Improvement Program for Fiscal Years 2016-2021 WHEREAS, Section 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 (Program) of anticipated projects and programs and that the Program 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 Fiscal Years 2016-2021 Program on June 17, 2015; and WHEREAS, the Board is required by Sections 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, Section 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