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To authorize the Chief Administrative Officer to accept grant funds in the amount of $50,000.00 from the Virginia Economic Development Partnership Authority, and to appropriate the funds received to the Fiscal Year 2019-2020 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Department of Housing and Community Development’s Brownfields Special Fund by $50,000.00 for the purpose of funding the assessment and evaluation of the potential redevelopment and reuse of the former Railroad Club located at 2908 P Street in the city of Richmond.
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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 hereby authorized to accept funds in the amount of $50,000.00 from the Virginia Economic Development Partnership Authority for the purpose of funding the assessment and evaluation of the potential redevelopment and reuse of the former Railroad Club located at 2908 P Street and 1001 - 1007 North 29th Street in the city of Richmond.
§ 2. That the funds received are hereby appropriated to the Special Fund Budget for the fiscal year commencing July 1, 2019, and ending June 30, 2020, by increasing estimated revenues by $50,000.00, increasing the amount appropriated for expenditures by $50,000.00, and allotting to the Department of Housing and Community Development’s Brownfields Special Fund the sum of $50,000.00 for the purpose of funding the assessment and evaluation of the potential redevelopment and reuse of the former Railroad Club located at 2908 P Street in the city of Richmond.
§ 3. This ordinance shall be in force and effect upon adoption.