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To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the total amount of $18,400,000.00 from the United States Department of Transportation, 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, to appropriate the increase to the Fiscal Year 2024-2025 Capital Budget by increasing estimated revenues and the amount appropriated to the Department of Public Works’ Arthur Ashe Boulevard Bridge Replacement project in the Transportation - G.O. Bonds category by $18,400,000.00, for the purpose of providing funding for the Arthur Ashe Boulevard Bridge Replacement project.
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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 authorized to accept funds in the total amount of $18,400,000.00 from the United States Department of Transportation for the purpose of providing funding for the Arthur Ashe Boulevard Bridge Replacement project
§ 2. That Ordinance 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, be and is hereby amended by increasing the estimated revenues and the amount appropriated for expenditures by $18,400,000.00, and allotting to the Department of Public Works’ Transportation Arthur Ashe Boulevard Bridge Replacement project in the Transportation - G.O. Bonds category by $18,400,000.00 for the purpose of providing funding for the Arthur Ashe Boulevard Bridge Replacement project
§ 3. This ordinance shall be in force and effect upon adoption.