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To direct the conveyance of the City-owned real estate known as 3017, 3001, 2909, 2907, and 3101 North Arthur Ashe Boulevard and 2728 Hermitage Road, consisting of 60.966± acres, for nominal consideration to the Economic Development Authority of the City of Richmond. (2nd District)
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That the City-owned real estate known as 3017 North Arthur Ashe Boulevard, 3001 North Arthur Ashe Boulevard, 2909 North Arthur Ashe Boulevard, 2907 North Arthur Ashe Boulevard, 3101 North Arthur Ashe Boulevard, and 2728 Hermitage Road, consisting of approximately 60.966 acres, and identified as Tax Parcel Nos. N000-1510/009, N000-1510/020, N000-1510/011, N000-1510/012, N000-1512/001, and N000-1510/013, respectively, in the 2023 records of the City Assessor, being hereinafter referred to, collectively, as the “Property,” are hereby directed to be conveyed to the Economic Development Authority of the City of Richmond for nominal consideration for the purpose of facilitating the redevelopment of the area along North Arthur Ashe Boulevard and Hermitage Road known as the Diamond District.
§ 2. That, pursuant to section 8-65(b) of the Code of the City of Richmond (2020), as amended, the Chief Administrative Officer is hereby directed to execute, on behalf of the City, the deed and such documents, all of which must first be approved as to form by the City Attorney, as may be necessary to consummate the conveyance of the Property.
§ 3. This ordinance shall be in force and effect upon adoption.