File #: ORD. 2025-007    Version: 1 Name:
Type: Ordinance Status: Consent Agenda
File created: 1/14/2025 In control: City Council
On agenda: 1/27/2025 Final action:
Title: To amend Ord. No. 2024-100, adopted May 13, 2024, which accepted a program of proposed Capital Improvement Projects for Fiscal Year 2024-2025 and the four fiscal years thereafter, adopted a Capital Budget for Fiscal Year 2024-2025, and determined a means of financing the same, by increasing estimated revenues from the JP Morgan Chase Bank, N.A. line of credit borrowings, authorized by Ord. No. 2023-077, adopted May 8, 2023, by $977,721.00 and appropriating such $977,721.00 to the Vehicle Replacement project in the Capital Vehicle and Equipment category for the purpose of purchasing six "chase" vehicles to be leased by the City to the Richmond Ambulance Authority.
Patrons: Mayor Avula
Attachments: 1. Ord. No 2025-007

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To amend Ord. No. 2024-100, adopted May 13, 2024, which accepted a program of proposed  Capital Improvement Projects for Fiscal Year 2024-2025 and the four fiscal years thereafter, adopted a Capital Budget for Fiscal Year 2024-2025, and determined a means of financing the same, by increasing estimated revenues from the JP Morgan Chase Bank, N.A. line of credit borrowings, authorized by Ord. No. 2023-077, adopted May 8, 2023, by $977,721.00 and appropriating such $977,721.00 to the Vehicle Replacement project in the Capital Vehicle and Equipment category for the purpose of purchasing six “chase” vehicles to be leased by the City to the Richmond Ambulance Authority.

 

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THE CITY OF RICHMOND HEREBY ORDAINS:

§ 1.                     That Ordinance No. 2024-100, adopted May 13, 2024, which accepted a program of proposed Capital Improvement Projects for the fiscal year commencing July 1, 2024, and ending June 30, 2025, and the four fiscal years thereafter, adopted a Capital Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, and determined a means of financing the same, be and is hereby amended by increasing estimated revenues from the JP Morgan Chase Bank, N.A. line of credit borrowings, authorized by Ordinance No. 2023-077, adopted May 8, 2023, by $977,721.00 and appropriating such $977,721.00 to the Vehicle Replacement project in the Capital Vehicle and Equipment category for the purpose of purchasing six “chase” vehicles to be leased by the City to the Richmond Ambulance Authority.

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