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To authorize the Chief Administrative Officer to accept $90,335.00 from the Virginia Department of Transportation and to appropriate the increase to the Fiscal Year 2021-2022 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Department of Public Works’ Shared Mobility Special Fund by $90,335.00 for the purpose of funding the City’s Park-N-Ride Bus Purchase project.
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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 $90,335.00 from the Virginia Department of Transportation for the purpose of funding the City’s Park-N-Ride Bus Purchase project.
§ 2. That the funds received from the Virginia Department of Transportation are hereby appropriated to the Special Fund Budget for the fiscal year commencing July 1, 2021, and ending June 30, 2022, by increasing estimated revenues by $90,335.00, increasing the amount appropriated for expenditures by $90,335.00, and allotting to the Department of Public Works’ Shared Mobility Special Fund the sum of $90,335.00 for the purpose of funding the City’s Park-N-Ride Bus Purchase project.
§ 3. This ordinance shall be in force and effect upon adoption.