City of Richmond - File #: ORD. 2025-008

• File #: ORD. 2025-008
• Version: 1
• Type: Ordinance
• Status: Consent Agenda
• File created: 1/14/2025
• In control: City Council
• On agenda: 1/27/2025
• 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, 2811 Rady, 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 2811 Rady Street. (6th District)
• Patrons: Mayor Avula

Date	Ver.	Action By	Action	Result
1/16/2025	1	Finance and Economic Development Standing Committee	recommended for approval
1/13/2025	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, 2811 Rady, 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 2811 Rady Street. (6^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, 2811 Rady, 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 2811 Rady 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.