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HomeMy WebLinkAbout2002-26RESOLUTION 2002-26 REGARDING PROPOSED PHASES II - IV, NEW RIVER TRAIL WHEREAS, the town of Pulaski has prepared construction documents for Phase I of the New River Trail that follows portions of Rt. 99 from the present terminus at Xaloy to the First Street Parking Lot; and WHEREAS, Phase I is funded primarily by State funds and a Federal grant which total approximately $250,000; and WHEREAS, all easements have been acquired except two and the project will be bid when these are settled; and WHEREAS, it has also been suggested that the Town pursue Phase II through IV construction and commit local funds for such work; and WHEREAS, local funds would be required for a portion of such work and it has been estimated that the cost to construct Phase III, for example, including purchases to date, will amount to $300,000 from the General Fund balance; and WHEREAS, pending purchases for suggested Phase III which may require legal condemnation are in addition to the estimate above; and WHEREAS, no economic benefit analysis has been performed to provide data that supports that tourists will actually use such extensions and spend tourism dollars locally; • NOW, THEREFORE, BE IT RESOLVED that the Town complete Phase I and that plans for Phase II through IV be abandoned; FURTHER, that local funding for suggested Phases II through IV be and hereby is canceled and that any and all local funding appropriated for said Phases be hereby returned. This resolution shall be deemed effective immediately upon its passage. Jeffrey S. Worrell Pauline G. Mitchell Kenneth M. Fleenor No E. G. Black, Jr. No Aye James M. Neblett, Jr. Aye Aye Bettye H. Steger No John T. Bolen Aye THE TOWN OF PULASKI, VIRGINIA Charles W. Stewart, Jr., Mayor Attes • Patricia Cruise Clerk of Council