File #: ORD. 2021-125    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 5/11/2021 In control: City Council
On agenda: 5/24/2021 Final action: 5/24/2021
Title: To authorize the Chief Administrative Officer to accept funds in the amount of $500,000.00 from the Virginia Department of Historic Resources; to amend the Fiscal Year 2020-2021 Special Fund Budget by creating a new special fund for the Department of Economic Development called the Valentine Museum/JXN Project Historic Preservation Grant Special Fund; and to appropriate the grant funds received to the Fiscal Year 2020-2021 Special Fund Budget by increasing estimated revenues and the amount appropriated to the new Department of Economic Development's Valentine Museum/JXN Project Historic Preservation Grant Special Fund by $500,000.00 for the purpose of providing a grant of such funds to the Valentine Museum Foundation, Inc. for the JXN Project celebrating the 150th anniversary of Jackson Ward.
Patrons: Mayor Stoney, Ann-Frances Lambert, Katherine Jordan, Cynthia Newbille
Attachments: 1. Ord. No. 2021-125

Title

To authorize the Chief Administrative Officer to accept funds in the amount of $500,000.00 from the Virginia Department of Historic Resources; to amend the Fiscal Year 2020-2021 Special Fund Budget by creating a new special fund for the Department of Economic Development called the Valentine Museum/JXN Project Historic Preservation Grant Special Fund; and to appropriate the grant funds received to the Fiscal Year 2020-2021 Special Fund Budget by increasing estimated revenues and the amount appropriated to the new Department of Economic Development’s Valentine Museum/JXN Project Historic Preservation Grant Special Fund by $500,000.00 for the purpose of providing a grant of such funds to the Valentine Museum Foundation, Inc. for the JXN Project celebrating the 150th anniversary of Jackson Ward.

Body

THE CITY OF RICHMOND HEREBY ORDAINS:

                     § 1.                     That the Chief Administrative Officer is authorized to accept funds in the amount of $500,000.00 from the Virginia Department of Historic Resources for the purpose of providing a grant of such funds to the Valentine Museum Foundation, Inc. for the JXN Project celebrating the 150th anniversary of Jackson Ward.

                      § 2.                     That Ordinance No. 2020-050, adopted May 11, 2020, which adopted a Special Fund Budget for the fiscal year commencing July 1, 2020, and ending June 30, 2021, and made appropriations pursuant thereto, be and is hereby amended by creating a new special fund for the Department of Economic Development called the Valentine Museum/JXN Project Historic Preservation Grant Special Fund for the purpose of providing a grant of funds in the amount of $500,000.00 to the Valentine Museum Foundation, Inc. for the JXN Project celebrating the 150th anniversary of Jackson Ward.

§ 3.                     That Ordinance No. 2020-050, adopted May 11, 2020, which adopted a Special Fund Budget for the fiscal year commencing July 1, 2020, and ending June 30, 2021, and made appropriations pursuant thereto, be and is hereby amended by increasing revenues from the funds accepted pursuant to section 1 of this ordinance by $500,000.00 and increasing the amount appropriated to the new Department of Economic Development’s Valentine Museum/JXN Project Historic Preservation Grant Special Fund by $500,000.00 for the purpose of providing a grant of such funds to the Valentine Museum Foundation, Inc. for the JXN Project celebrating the 150th anniversary of Jackson Ward.

§ 4.                      This ordinance shall be in force and effect upon adoption.