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To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $2,704,000.00 from the Federal Railroad Administration, to accept funds in the amount of $540,800.00 from the Virginia Department of Rail and Public Transportation, to amend the Fiscal Year 2025-2026 Special Fund budget by creating a new special fund for the Department of Public Works called the “Railroad Crossing Elimination (RCE) - Broad Rock Grade Separation Special Fund,” and to appropriate the increase to the Fiscal Year 2025-2026 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Department of Public Works’ “Railroad Crossing Elimination (RCE) - Broad Rock Grade Separation Special Fund” by the total amount of $3,244,800.00 to provide funding for the feasibility analysis, environmental clearance, and preliminary engineering of a grade separation project on Broad Rock Boulevard.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That the Chief Administrative Officer, for and on behalf of the City of Richmond, is authorized to accept funds in the amount of $2,704,000.00 from the Federal Railroad Administration to provide funding for the feasibility analysis, environmental clearance, and preliminary engineering of a grade separation project on Broad Rock Boulevard.
§ 2. That the Chief Administrative Officer, for and on behalf of the City of Richmond, is authorized to accept funds in the amount of $540,800.00 from the Virginia Department of Rail and Public Transportation to provide funding for the feasibility analysis, environmental clearance, and preliminary engineering of a grade separation project on Broad Rock Boulevard.
§ 3. That Article I, Section 2 of Ordinance No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 Special Fund Budget for the fiscal year commencing July 1, 2025, and ending June 30, 2026, and made appropriations pursuant thereto, be and is hereby amended by creating a new special fund for the Department of Public Works called the “Railroad Crossing Elimination (RCE) - Broad Rock Grade Separation Special Fund” to provide funding for the feasibility analysis, environmental clearance, and preliminary engineering of a grade separation project on Broad Rock Boulevard.
§ 4. That the funds accepted in section 1 of this ordinance and the funds accepted in section 2 of this ordinance are hereby appropriated to the Special Fund Budget for the fiscal year commencing July 1, 2025 and ending June 30, 2026, by increasing estimated revenues by $3,244,800.00, increasing the amount appropriated for expenditures by $3,244,800.00, and allotting to the Department of Public Works’ “Railroad Crossing Elimination (RCE) - Broad Rock Grade Separation Special Fund” the sum of $3,244,800.00 to provide funding for the feasibility analysis, environmental clearance, and preliminary engineering of a grade separation project on Broad Rock Boulevard.
§ 5. This ordinance shall be in force and effect upon adoption.