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HomeMy WebLinkAbout2014-33RESOLUTION 2014-33 A Resolution Returning TEA-21 Grant Funds Reserved for the Iron Bridge Trail Project to the Virginia Department of Transportation WHEREAS, the Town of Pulaski received aTEA-21 Grant from the Virginia Department of Transportation in 2004 in the amount of $31,000 for the proposed Iron Bridge Walking Trail Project; and, WHEREAS, due to general economic conditions and changes in spending priorities for operational expenditures and capital items, the Town does not at this time have the resources to continue or complete this project at the level of quality desired for the community; and, WHEREAS, due to these circumstances, the Town Council has elected to return the TEA-21 Grant funds for the Iron Bridge Walking Trail Project to the Virginia Department of Transportation with the understanding that should circumstances change, the Town would reapply to the Virginia Department of Transportation at a future date for funding of this project; NOW, THEREFORE be it RESOLVED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 8th day of October 2014 that any funding received, designated for, encumbered or otherwise set aside under the TEA-21 Program for a grant for the Iron Bridge Walking Trail Project shall be released to the Virginia Department of Transportation. FURTHER RESOLVED that if any funds from the Grant have been expended by the Town, the amount of such funds spent shall be reimbursed to the Virginia Department of Transportation. This resolution shall be effective upon adoption and is hereby adopted this 8th day of October 2014 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows: Heather L. Steele -Absent H.M. Kidd -Aye Gregory C. East -Aye James A. Radcliffe -Aye David L. Clark -Aye Lane R. Penn -Aye THE TOWN OF PULASKI, VIRGINIA BY: ey S. Worrell, Mayor ATTEST: c..c-c.c~...~. Patricia Cruise, Clerk of Council