Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 9/16/2021 1:00 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.2021.359 1  Council Document July 15, 2021 Finance & Economic Development Meeting Minutes   Action details Not available
ORD. 2021-189 11. OrdinanceTo provide for the crediting of receipts of business, professional, and occupational taxes in excess of $32,713,958.00 during Fiscal Year 2021-2022 to a special reserve assigned to support the reduction of business, professional, and occupational taxes applicable to certain businesses.forwarded with no recommendation  Action details Not available
ORD. 2021-220 12. OrdinanceTo amend Ord. No. 2021-105, adopted May 10, 2021, which provided that the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021 to a special reserve assigned for purposes authorized by such Act, to instead provide that such funds shall be recorded in the general ledger, to be managed in the Projects and Grants Module in the City’s enterprise resource planning system.recommended for approval  Action details Not available
ORD. 2021-221 13. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Contract for Donated Goods and Services between the City of Richmond and Abernethy Schwartz Partners, LLC, doing business as BlueConduit, for the purpose of accepting lead service line statistical modeling and support services valued at approximately $100,000.00 to assist the City’s lead service line removal program.recommended for approval  Action details Not available
ORD. 2021-222 14. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to enter into a Memorandum of Understanding between the City of Richmond, Virginia and the Public Defender for the City of Richmond, Virginia for the purpose of providing funds to supplement the salaries of employees in the Public Defender’s Office for the City of Richmond, and to repeal Ord. No. 2021-121, adopted May 24, 2021.recommended for approval  Action details Not available
ORD. 2021-232 15. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Performance Agreement between the City of Richmond, Virginia, the Economic Development Authority of the City of Richmond, Virginia, Vytal Companies, LLC, doing business as Vytal Studios, and Manchester Town Center 2, LLC, for the purpose of enabling the Authority to provide an economic development grant to Vytal Companies, LLC, doing business as Vytal Studios, as an incentive to lease, equip, improve, and operate its corporate headquarters, together with studio and production space, in the city of Richmond.recommended for approval  Action details Not available
ORD. 2021-233 16. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Commonwealth’s Development Opportunity Fund Performance Agreement between the City of Richmond, Virginia, the Virginia Economic Development Partnership Authority, the Economic Development Authority of the City of Richmond, Virginia, and Vytal Companies, LLC, for the purpose of enabling the Economic Development Authority of the City of Richmond to provide a performance grant to Vytal Companies, LLC, as an incentive to lease, equip, improve, and operate its corporate headquarters, together with studio and production space, in the city of Richmond.recommended for approval  Action details Not available
ORD. 2021-234 17. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Virginia Opioid Abatement Fund and Settlement Allocation Memorandum of Understanding between the City of Richmond, Virginia, the Commonwealth of Virginia, and other participating political subdivisions for the purpose of providing for the allocation and use of monies recovered as a result of litigation seeking to recover costs incurred and to be incurred in abating the effects of the opioid addiction epidemic that plagues the city and other Virginia communities.recommended for approval  Action details Not available
ORD. 2021-235 18. OrdinanceTo 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, 2022, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.071 as computed in accordance with Va. Code § 58.1-3321(a).recommended for continuance   Action details Not available
RES. 2021-R064 19. ResolutionTo request that the U. S. Department of Commerce, National Oceanic and Atmospheric Administration provide to the Chief Administrative Officer and other officials of the City’s Administration, as appropriate, the information necessary for the Mayor to introduce and for the Council to adopt an ordinance authorizing the Chief Administrative Officer to accept a grant from the U. S. Department of Commerce, National Oceanic and Atmospheric Administration in the amount of $149,437.00 for the purpose of funding the proposed Department of Parks, Recreation and Community Facilities’ The Richmond Environment: Students as Teachers in their Watershed program, and that the Mayor introduce such legislation as may be necessary to accept such grant funds for the purpose of funding the proposed Department of Parks, Recreation and Community Facilities’ The Richmond Environment: Students as Teachers in their Watershed program, and to amend the General Fund Budget for the Fiscal Year 2021-2022 for the purpose of appropriating $149,437.00 for the purpose of funding the proposed Department of Parks, Recreaforwarded with no recommendation  Action details Not available
RES. 2021-R068 110. ResolutionTo express the Council’s support for the City of Richmond to become a “gigabit city” and to request that the Chief Administrative Officer cause to be created a plan to bring reliable and affordable internet connectivity, with speeds at 1,000 megabits per second, to public spaces and to all residents of the City of Richmond.recommended for approval  Action details Not available
CD.2021.387 1  Council Document After Items   Action details Not available