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To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $15,000.00 from the National League of Cities Institute, to amend the Fiscal Year 2023-2024 Special Fund Budget by creating a new special fund for the Office of Minority Business Development called the National League of Cities Special Fund, and to appropriate the increase to the Fiscal Year 2023-2024 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Office of Minority Business Development’s National League of Cities Special Fund by $15,000.00, for the purpose of funding technical assistance and consulting services for the City in connection with the National League of Cities Institute technical assistance program.
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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, is authorized to accept funds in the amount of $15,000.00 from the National League of Cities Institute, for the purpose of funding technical assistance and consulting services for the City in connection with the National League of Cities Institute technical assistance program.
§ 2. That Article I, Section 2 of Ordinance No. 2023-071, adopted May 8, 2023, which adopted a Special Fund Budget for the fiscal year commencing July 1, 2023, and ending June 30, 2024, and made appropriations pursuant thereto, be and is hereby amended by creating a new special fund for the Office of Minority Business Development called the National League of Cities Special Fund, for the purpose of funding technical assistance and consulting services for the City in connection with the National League of Cities Institute technical assistance program.
§ 3. That the funds received from the National League of Cities Institute are hereby appropriated to the Special Fund Budget for the fiscal year commencing July 1, 2023, and ending June 30, 2024, by increasing estimated revenues by $15,000.00, increasing the amount appropriated for expenditures by $15,000.00, and allotting to the Office of Minority Business Development’s National League of Cities Special Fund the sum of $15,000.00, for the purpose of funding technical assistance and consulting services for the City in connection with the National League of Cities Institute technical assistance program.
§ 4. This ordinance shall be in force and effect upon adoption.