Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 12/18/2024 1:30 PM Minutes status: Final  
Meeting location: Council Chamber, 2nd Floor – City Hall
Published agenda: Agenda Agenda Published minutes: Action Summary Action Summary Meeting Extra1: Not available  
Meeting video: eComment: Not available  
Attachments:
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CD.2024.379 1  Council Document November 21, 2024 - Finance and Economic Development Standing Committee Meeting Minutes   Action details Not available
ORD. 2024-321 11. OrdinanceTo amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 General Fund Budget and made appropriations thereto, to (i) transfer $92,722.00 from the Central Appropriations agency 400 Hull Street, LLC (economic development grant through EDA) line item, (ii) create a new line item called “512 Hull Street, LLC” in the Central Appropriations agency, and (iii) appropriate such $92,722.00 to such new line item in the Central Appropriations agency for the purpose of providing funding to the Economic Development Authority of the City of Richmond for an economic incentive payment for the development and operation of affordable housing pursuant to the Grant Agreement authorized by Ord. No. 2024-195, adopted Jul. 22, 2024.recommended for approval  Action details Not available
ORD. 2024-322 12. OrdinanceTo amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 Internal Service Fund Budgets, by re-appropriating $5,700,000.00 from the Fiscal Year 2023-2024 Information Technology fund balance to the Department of Information Technology Internal Service Fund to fund necessary equipment replacement and project expenses.recommended for approval  Action details Not available
ORD. 2024-323 13. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Grant Agreement between the City of Richmond, 1400 Hull Owner, LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 1401 Hull Street, 1403 Hull Street, 1405 Hull Street, and 1407 Hull Street. (6th District)recommended for approval  Action details Not available
ORD. 2024-324 14. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Grant Agreement between the City of Richmond, 1500 Hull Owner, LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 1501 Hull Street, 1503 Hull Street, 1505 Hull Street, and 1511 Hull Street. (6th District)recommended for approval  Action details Not available
CD.2024.383 1  Council Document December 18, 2024 - Finance and Economic Development Staff Report   Action details Not available