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To amend Ord. No. 2021-042, adopted May 24, 2021, which accepted a program of proposed Capital Improvement Projects for Fiscal Year 2021-2022 and the four fiscal years thereafter, adopted a Capital Budget for Fiscal Year 2021-2022, and determined a means of financing the same, by (i) establishing a new project for the Department of Public Works in the City Facility Maintenance & Improvements category called the “Diamond Maintenance” project and (ii) transferring funds in the amount of $1,800,000.00 from the Capital Maintenance Reserve and appropriating such transferred funds to the Department of Public Works’ new Diamond Maintenance project in the City Facility Maintenance & Improvements category for the purpose of funding capital maintenance of the City’s baseball stadium known as the Diamond.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That Ordinance No. 2021-042, adopted May 24, 2021, which accepted a program of proposed Capital Improvement Projects for the fiscal year commencing July 1, 2021, and ending June 30, 2022, and the four fiscal years thereafter, adopted a Capital Budget for the fiscal year commencing July 1, 2021, and ending June 30, 2022, and determined a means of financing the same, be and is hereby amended by establishing a new project for the Department of Public Works in the City Facility Maintenance & Improvements category called the “Diamond Maintenance” project for the purpose of funding capital maintenance of the City’s baseball stadium known as the Diamond.
§ 2. That Ordinance No. 2021-042, adopted May 24, 2021, which accepted a program of proposed Capital Improvement Projects for the fiscal year commencing July 1, 2021, and ending June 30, 2022, and the four fiscal years thereafter, adopted a Capital Budget for the fiscal year commencing July 1, 2021, and ending June 30, 2022, and determined a means of financing the same, be and is hereby amended by increasing estimated revenues from the transfer of $1,800,000.00 from the Capital Maintenance Reserve established pursuant to section 12-264 of the Code of the City of Richmond (2020), as amended, increasing the amount appropriated for expenditures by $1,800,000.00, and allotting to the Department of Public Works’ new Diamond Maintenance project in the City Facility Maintenance & Improvements category the sum of $1,800,000.00 for the purpose of funding capital maintenance of the City’s baseball stadium known as the Diamond.
§ 3. This ordinance shall be in force and effect upon adoption.