Legislation Details

File #: ORD. 1987-162-153    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 8/28/2025 In control: City Council
On agenda: 7/13/1987 Final action: 7/13/1987
Title: To amend and reordain Ordinance No. 86-115-146 which accepted a program of proposed a capital. Improvement Projects for the fiscal year beginning July 1, 1986, and for the four fiscal years thereafter and adopting the Capital Budget for the fiscal year beginning July 1, 1986, and determining the means of financing the same, as amended by Ordinance No. 86-228-199, adopted September 8, 1986, deleting from sheet 22-3A (Project 22-200 Metropolitan Visitor Information center) a requirement for a finding of substantive blight in the area in which the project is to be undertaken and a requirement that such project be approved as a redevelopment plan, as amended by Ordinance No. 87-31-35, adopted February 23, 1987, adding a new project designated Project 22-803, Exhibit Hall (Richmond Centre for Conventions and Exhibi?tions), at an estimated cost of $1,900,000 to be financed from the Reserve Fund for Permanent Public Improvements ($198,317) and general obligation bonds authorized to be sol d, ...
Attachments: 1. 153 Ord. No. 87-162-153
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title
To amend and reordain Ordinance No. 86-115-146 which accepted a program of proposed a capital. Improvement Projects for the fiscal year beginning July 1, 1986, and for the four fiscal years thereafter and adopting the Capital Budget for the fiscal year beginning July 1, 1986, and determining the means of financing the same, as amended by Ordinance No. 86-228-199, adopted September 8, 1986, deleting from sheet 22-3A (Project 22-200 Metropolitan Visitor Information center) a requirement for a finding of substantive blight in the area in which the project is to be undertaken and a requirement that such project be approved as a redevelopment plan, as amended by Ordinance No. 87-31-35, adopted February 23, 1987, adding a new project designated Project 22-803, Exhibit Hall (Richmond Centre for Conventions and Exhibi?tions), at an estimated cost of $1,900,000 to be financed from the Reserve Fund for Permanent Public Improvements ($198,317) and general obligation bonds authorized to be sol d, but unsold (of which $1,407,178 are authorized for the 1985-1986 capital improvement program) in the amount of $1,701,683; increasing the estimated cost of all projects in said capital improvement projects by $1,605,495 from $41,445,000 to $43,050,495; increasing the amount to be financed from the Reserve Fund for Permanent Public Improve?ment by $198,317 from $0 to $198,317; authorized the transfer of $144,505 from Project 12-300, Fire Station #10, to Project 22-803, Exhibit Hall; and authorized the transfer of $150,000 from Project 12-902, Fire Training Academy, to Project 22-803, Exhibit Hall; and by Ordinance No. 87-126-93 adopted May 26, 1987, which increased the amount appropri?ated for Project 5-704, Tredegar Street Improvements by $783,000, from $444,600 to $1,227,600, said increase to be financed from the reserve fund for permanent public improvements, and increased the amount ap propriated for Project 22-200, Metropolitan Visitor Orientation Center, by$631,000, from $...

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