AGENDA DATE: 7/16/2025
TITLE:
Title
Resolution to Participate in VDOT Economic Development Access Program (EDAP) Boulders Road Extension Design
SUBJECT/PROPOSAL/REQUEST: Consider approving a Resolution to participate in VDOT Economic Development Access Program (EDAP) for Boulders Road Extension Design
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Richardson, Herrick, DeLoria, Henry, Kilroy
PRESENTER (S): N/A
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: The Places29 Master Plan includes a future extension of Boulders Road from its current terminus to the intersection of Route 29 at Austin Drive, effectively turning that T-intersection into a 4-way intersection. Completing this road project is a critical path for the Rivanna Futures project.
STRATEGIC PLAN: Infrastructure & Placemaking - Invest in infrastructure and amenities that create connection, opportunity, and well-being.
DISCUSSION: The Virginia Department of Transportation (VDOT) has a funding program for economic development that is available to localities for strategic economic opportunities. The Virginia Economic Development Partnership has suggested that the Rivanna Futures project meets the intent for this program.
The resolution provided in Attachment A is required for Albemarle County to be able to make application to the VDOT Economic Development Access Program (EDAP) for design for the Boulders Road Extension. The Board approved a similar resolution at its May 7, 2025, meeting. However, after an initial submission to VDOT, it was determined that the cost of the project would need revision and now exceeded the funding available for no-match grants. The attached resolution (Attachment A) provides approval for a project cost up to $800,000. Under the EDAP program, localities can apply for state funding up to $500,000 with no match required, and can fund projects up to $800,000 with a 1:1 local match share for costs exceeding $500,000. The current estimate for this design project is approximately $742,000.
BUDGET IMPACT: If awarded, this grant would require local funding on a 1:1 basis for every dollar exceeding $500,000, up to $800,000. The Rivanna Futures Fund has sufficient balance to provide the local match (not to exceed $150,000).
RECOMMENDATION:
Recommendation
Staff recommend that the Board approve the attached resolution, enabling staff to apply to the VDOT EDAP for design of the Boulders Road Extension project.
ATTACHMENTS:
A - Resolution