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File #: ORD. 2022-144    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 5/9/2022 In control: City Council
On agenda: 5/19/2022 Final action: 5/23/2022
Title: To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Coliseum Parcel Redevelopment Cooperation Agreement between the City of Richmond, Virginia and the Economic Development Authority of the City of Richmond, Virginia for the purpose of facilitating the sale and redevelopment of the City-owned property located at 601 East Leigh Street. (6th District)
Patrons: Mayor Stoney, Vice President Robertson, President Newbille, Michael Jones, Andreas Addison, Ann-Frances Lambert, Stephanie Lynch
Attachments: 1. Ord. No. 2022-144

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To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Coliseum Parcel Redevelopment Cooperation Agreement between the City of Richmond, Virginia and the Economic Development Authority of the City of Richmond, Virginia for the purpose of facilitating the sale and redevelopment of the City-owned property located at 601 East Leigh Street. (6th 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 Coliseum Parcel Redevelopment Cooperation Agreement between the City of Richmond, Virginia and the Economic Development Authority of the City Richmond, Virginia for the purpose of facilitating the sale and redevelopment of the City-owned property located at 601 East Leigh Street. The Coliseum Parcel Redevelopment Cooperation 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.