Council approves funding for Port 460 improvement projects
Published 6:40 pm Wednesday, October 2, 2024
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Suffolk City Council unanimously approved two ordinances for funding towards Port 460 improvements during their council meeting on Wednesday, Oct. 2.
The city approved an ordinance to receive $4,100,000 in funding proffered by Port 460 Owners LLC in support of the preliminary engineering of the Route 460 Improvements project. Funding is planned to be used toward 30% of preliminary engineering plans for roadway improvements from the U.S. Route 58 eastbound off ramp at Pruden Blvd. to the intersection of Lake Prince Dr. and Providence Rd. City Manager Albert S. Moor II provided details during the meeting.
“Adoption of the ordinance will increase the revenues and expenditures of the Capital Projects Fund Budget by the $4,100,000,” Moor said during the meeting.
Council also approved an ordinance accepting $627,602.25 in funding proffered by Port 460 Owner, LLC in support of the Murphy’s Mill Rd. drainage improvement project to help mitigate off-site impacts of its restoration and dam removal project as well as to provide protection against a 10-year storm event.
“Adoption of the ordinance will increase the revenues and expenditures of the Stormwater Capital Fund Budget by the $627,602.25. There is no local match,” Moor said.