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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 $10,000,000.00 from the United States Department of Transportation, Pipeline and Hazardous Material Safety Administration, and to amend the Fiscal Year 2024-2025 Gas Utility Budget, which appropriated the estimated receipts of the gas utility, by increasing estimated receipts and the amount appropriated for the gas utility by $10,000,000.00, for the purpose of providing funding for the repair, rehabilitation, and replacement of natural gas pipelines and related equipment.
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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 $10,000,000.00 from the United States Department of Transportation, Pipeline and Hazardous Material Safety Administration for the purpose of providing funding for the repair, rehabilitation, and replacement of natural gas pipelines and related equipment.
§ 2. That Article I, Section 9 of Ordinance No. 2024-099, adopted May 13, 2024, which adopted a Gas Utility Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, be and is hereby amended by increasing the estimated receipts of and the amount appropriated for the gas utility and the amount appropriated for expenditures of the gas utility by $10,000,000.00, for the purpose of providing funding for the repair, rehabilitation, and replacement of natural gas pipelines and related equipment.
§ 3. This ordinance shall be in force and effect upon adoption.