File #: ORD. 2023-073    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 3/6/2023 In control: City Council
On agenda: 5/8/2023 Final action: 5/8/2023
Title: To accept a program of proposed Capital Improvement Projects for the fiscal year beginning Jul. 1, 2023, and for the four fiscal years thereafter; to adopt a Capital Budget for the fiscal year beginning Jul. 1, 2023; and to determine the means of financing the same. (As Amended)
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2023-073 - Amended 20230424, 2. 20230424 Amendment of Ord. No. 2023-073
Related files: ORD. 2023-071
title
To accept a program of proposed Capital Improvement Projects for the fiscal year beginning Jul. 1, 2023, and for the four fiscal years thereafter; to adopt a Capital Budget for the fiscal year beginning Jul. 1, 2023; and to determine the means of financing the same. (As Amended)

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WHEREAS, pursuant to section 6.19 of the Charter of the City of Richmond (2020), as amended, the Mayor has submitted a program of proposed capital improvement projects for a fiscal year beginning July 1, 2023, and for the four fiscal years thereafter, to the City Planning Commission, which has reviewed it; and
WHEREAS, pursuant to section 6.19 of the Charter, the Mayor has submitted to the City Council a proposed program, including an estimate of the cost of each capital improvement project in the program and the means of financing the same; and
WHEREAS, pursuant to section 6.19 of the Charter, the Mayor has also submitted to the City Council recommendations as to the means of financing the proposed improvements for the fiscal year beginning July 1, 2023, and recommendations as to the appropriation of funds for certain capital projects and categories of capital projects; and
WHEREAS, the proposed program of capital improvement projects and related recommendations as to the means of financing the same and as to the appropriation of funds, by category for the related capital improvement purpose, have been considered by the Mayor and have been made the basis of the capital budget recommended by the Mayor to the City Council for the fiscal year beginning July 1, 2023;
NOW, THEREFORE,
THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That the program of proposed capital improvement projects for the fiscal year beginning July 1, 2023, and for the four fiscal years thereafter; and the proposed means of financing the same for the fiscal year beginning July 1, 2023, attached to and made a part of this ordinance as the 8-page document entitled "Capital Impr...

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