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To authorize the Chief Administrative Officer to accept funds in the amount of $2,000,000.00 from the United States Department of Transportation, to amend the Fiscal Year 2024-2025 Special Fund budget by creating a new special fund for the Department of General Services called the "Build America Bureau Special Fund," and to appropriate the increase to the Fiscal Year 2024-2025 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Department of General Services' "Build America Bureau Special Fund" by $2,000,000.00, for the purpose of funding the programmatic assessment of City assets and properties for the redevelopment of the City's downtown transportation infrastructure.
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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 $2,000,000.00 from the United States Department of Transportation for the purpose of funding the programmatic assessment of City assets and properties for the redevelopment of the City's downtown transportation infrastructure.
? 2. That Article I, Section 2 of Ordinance No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 Special Fund Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, and made appropriations pursuant thereto, be and is hereby amended by creating a new special fund called the "Build America Bureau Special Fund" for the purpose of funding the programmatic assessment of City assets and properties for the redevelopment of the City's downtown transportation infrastructure.
? 3. That the funds received from the United States Department of Transportation are hereby appropriated to the Special Fund Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, by increasing estimated revenues by $2,000,000.00, increasing the amount appropriated for expenditures by $2,000,000.00, and allotting to the Department of General Services' "Build America Bur...
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