Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available. Details Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final Meeting date/time: 10/10/2024 12:00 PM Minutes status: Draft   Meeting location: Council Chamber, 2nd Floor – City Hall To access the meeting via Microsoft Teams, please use the following link: https://tinyurl.com/FIN-OCT10 or dial *67-804-316-9457 and enter ID: 821 622 30#. Published agenda: Agenda Published minutes: Not available Meeting Extra1: Not available   Meeting video: Not available eComment: Not available   Attachments: Meeting Items (7) 7 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Name Type Title Action Result Action Details Video CD.2024.300 1     Council Document September 19, 2024 - Finance and Economic Development Standing Committee Meeting Minutes     Not available Not available ORD. 2024-187 1 1.   Ordinance To amend City Code §§ 26-871, concerning the establishment of annual license taxes, and 26-873, concerning exemptions to license taxes, to increase the threshold for business, professional and occupational license taxes from $250,000.00 to $500,000.00.     Not available Not available ORD. 2024-222 1 2.   Ordinance To amend and reordain City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.16 for the tax year beginning Jan. 1, 2025, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.136 as computed in accordance with Va. Code § 58.1-3321(a).     Not available Not available ORD. 2024-223 1 3.   Ordinance To amend and reordain City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.20 for the tax year beginning Jan. 1, 2025, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.136 as computed in accordance with Va. Code § 58.1-3321(a).     Not available Not available ORD. 2024-254 1 4.   Ordinance To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $130,100.00 from the Virginia Department of Transportation, and to amend the Fiscal Year 2024-2025 General Fund Budget by creating a new line item in the Non-Departmental agency called “Greater Richmond Fit4Kids - Safe Routes to School” line item and to appropriate the increase to the Fiscal Year 2024-2025 General Fund Budget by increasing estimated revenues and the amount appropriated to such new line item by $130,100.00, all for the purpose of funding a safe routes to school program.     Not available Not available ORD. 2024-255 1 5.   Ordinance To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Grant Agreement between the City of Richmond, Max Holdings, L.L.C., and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 711 Dawn Street. (3rd District)     Not available Not available CD.2024.303 1     Council Document October 10, 2024 - Finance Board Vacancy Report     Not available Not available