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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 $2,377,500.00 from the Virginia Resources Authority, and to amend the Fiscal Year 2024-2025 Water Utility Budget which appropriated the estimated receipts of the water utility, by increasing estimated receipts and the amount appropriated for the water utility by $2,377,500.00, for the purpose of funding the City’s lead water service line replacement and water service line inventory programs.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That the Chief Administrative Officer is authorized to accept funds in the amount of $2,377,500.00 from the Virginia Resources Authority for the purpose of funding the City’s lead water service line replacement and water service line inventory programs.
§ 2. That Article I, Section 12 of Ordinance No. 2024-099, adopted May 13, 2024, which adopted the Water Utility Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, by increasing the estimated receipts of the water utility and the amount appropriated for expenditures of the water utility by $2,377,500.00 for the purpose of funding the City’s lead water service line replacement and water service line inventory programs.
§3. This ordinance shall be in force and effect upon adoption.