City of Richmond - File #: ORD. 2023-309

• File #: ORD. 2023-309
• Version: 1
• Type: Ordinance
• Status: Adopted
• File created: 10/11/2023
• In control: City Council
• On agenda: 11/13/2023
• Final action: 11/13/2023
• Title: To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Grant Agreement between the City of Richmond, 2100 Bainbridge LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 2100 Bainbridge Street. (5th District)
• Patrons: Mayor Stoney, Stephanie Lynch

Date	Ver.	Action By	Action	Result
11/13/2023	1	City Council	adopted	Pass
10/19/2023	1	Finance and Economic Development Standing Committee	recommended for approval
10/10/2023	1	City Council	introduced and referred

title

To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Grant Agreement between the City of Richmond, 2100 Bainbridge LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 2100 Bainbridge Street. (5^th District)

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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, be and is hereby authorized to execute a Grant Agreement between the City of Richmond, 2100 Bainbridge LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 2100 Bainbridge Street. The Grant Agreement shall be approved as to form by the City Attorney and shall be substantially in the form of the document attached to this ordinance.

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