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Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 2/18/2026 2:00 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  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
CD.2026.053 1  Council Document November 19, 2025 - Finance and Economic Development Standing Committee Meeting Minutes   Action details Not available
CD.2026.050 1  Council Document January 21, 2026 - Finance and Economic Development Standing Committee Meeting Minutes   Action details Not available
ORD. 2026-045 11. OrdinanceTo repeal City Code § 12-46, concerning the disposition of revenues derived from the expiration of partial exemptions from real estate taxation and from certain sales of tax delinquent properties, and to amend ch. 12, art. II, of the City Code by adding therein a new section 12-48, concerning disposition of certain real estate tax revenue, for the purpose of providing for the disposition and evaluation of certain revenues for affordable housing initiatives.recommended for approval  Action details Not available
ORD. 2026-041 12. OrdinanceTo amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 General Fund Budget and made appropriations thereto, by (i) transferring $14,700,000.00 from the Contingency Reserve; (ii) creating a new line item in the Outside Agencies and Central Appropriations agency entitled “EDA - Diamond District;” and (iii) appropriating such transferred funds to such new line item in the Outside Agencies and Central Appropriations agency, all for the purpose of providing funding to the Economic Development Authority of the City of Richmond for the redevelopment of the area known as the Diamond District.recommended for approval  Action details Not available
RES. 2026-R011 13. ResolutionTo provide for the issuance of general obligation public improvement refunding bonds of the City of Richmond, Virginia, in the maximum principal amount of $42,085,000 to refund all or portions of certain general obligation bonds previously issued by the City, and to authorize the Director of Finance, with the approval of the Chief Administrative Officer, for and on behalf of the City, to sell such refunding bonds for such purpose, to provide for the form, details and payment of such bonds, and to authorize the issuance of such bonds as either federally tax-exempt or federally taxable bonds, or both.recommended for approval  Action details Not available
RES. 2026-R012 14. ResolutionTo provide for the issuance of public utility revenue refunding bonds of the City of Richmond, Virginia, in the maximum principal amount of $294,280,000 to refund all or portions of certain public utility revenue bonds previously issued by the City, to authorize the Director of Finance, with the approval of the Chief Administrative Officer, for and on behalf of the City, to sell such refunding bonds for such purposes, providing for the form, details and payment of such bonds and approving the form of supplemental indenture of trust, and to authorize the issuance of such bonds as either federally tax-exempt or federally taxable bonds, or both.recommended for approval  Action details Not available
CD.2026.051 1  Council Document RVA Pay Updates and Process Improvements   Action details Not available
CD.2026.054 1  Council Document February 18, 2026 - Finance and Economic Development Staff Report   Action details Not available