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Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 10/15/2025 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  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
CD.2025.305 1  Council Document September 17, 2025 - Finance and Economic Development Standing Committee Meeting Minutes   Action details Not available
ORD. 2025-225 11. OrdinanceTo amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 Special Fund Budget and made appropriations thereto, by transferring $2,000,000.00 from the “Delinquent Tax Sales” special fund and appropriating such transferred funds to the “Affordable Housing Trust Fund” special fund for the purposes set forth in City Code § 16-53.recommended for approval  Action details Not available
ORD. 2025-232 12. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $10,000.00 from the Virginia Department of Energy, to amend the Fiscal Year 2025-2026 Special Fund Budget by creating a new special fund for the Office of Sustainability called the “Virginia Energy Resilience Study (VERS), Virginia Energy Resilience Planning Grant Special Fund,” and to appropriate the increase to the Fiscal Year 2025-2026 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Office of Sustainability’s “Virginia Energy Resilience Study (VERS), Virginia Energy Resilience Planning Grant Special Fund” by $10,000.00 for the purpose of funding the implementation of energy resilience planning in the city’s East End.recommended for approval  Action details Not available
ORD. 2025-233 13. OrdinanceTo authorize a proposed tourism project at 921 Myers Street pursuant to the Virginia Tourism Authority’s Tourism Development Financing Program in accordance with state law. (2nd District)recommended for approval  Action details Not available
ORD. 2025-234 14. OrdinanceTo authorize a proposed tourism project at 1600 Roseneath Road pursuant to the Virginia Tourism Authority’s Tourism Development Financing Program in accordance with state law. (2nd District)recommended for approval  Action details Not available
ORD. 2025-236 15. 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, Bellevue Gardens VA LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable housing development located at 3940 Rosedale Avenue. (3rd District)recommended for approval  Action details Not available
ORD. 2025-237 16. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute The Third Enterprise Zone Cooperation Agreement between the City of Richmond, Virginia and the Economic Development Authority of the City of Richmond for the purpose of administering the Enterprise Zone Program to stabilize and revitalize enterprise zone areas by stimulating private investment through financial incentives.recommended for approval  Action details Not available
RES. 2025-R043 17. ResolutionTo request that the Chief Administrative Officer cause the Department of Finance and Department of Housing and Community Development, in coordination with other relevant City departments, to conduct an inventory of existing City programs and initiatives that mitigate displacement, to assess their effectiveness, and to report findings and recommendations to the Council within 120 days.recommended for approval  Action details Not available
CD.2025.320 1  Council Document October 15, 2025 - Risk Management Presentation   Action details Not available
CD.2025.319 1  Council Document October 15, 2025 - Tax Relief Presentation    Action details Not available
CD.2025.321 1  Council Document Tourism Development Financing Program   Action details Not available
CD.2025.306 1  Council Document October 15, 2025 - Finance and Economic Development Board Vacancy Report   Action details Not available