Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 7/20/2023 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: Meeting Minutes Meeting Minutes  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
CD.2023.242 1  Council Document June 15, 2023 - Finance & Economic Development Standing Committee Minutes   Action details Not available
CD.2023.255 1  Council Document July 20, 2023 Enterprise Zone Program & CARE Program Presentation   Action details Not available
ORD. 2023-152 11. OrdinanceTo repeal City Code §§ 11-190-197, concerning a commercial property assessed clean energy financing program, and to amend ch. 11, art. VIII of the City Code by adding therein new §§ 11-190.1-11-197.1, concerning a commercial property assessed clean energy financing program, for the purpose of aligning the City Code with state law pertaining to commercial property assessed clean energy financing programs. (As Amended)forwarded with no recommendation  Action details Not available
ORD. 2023-212 12. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to enter into the Twenty-Sixth Commercial Area Revitalization Effort Program Cooperation Agreement between the City of Richmond, Virginia, and the Economic Development Authority of the City of Richmond for the purpose of providing for the operation of the Commercial Area Revitalization Effort (“CARE”) Program.recommended for approval  Action details Not available
ORD. 2023-213 13. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute an 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
ORD. 2023-214 14. OrdinanceTo authorize the issuance of general obligation public improvement bonds of the City of Richmond in the maximum principal amount of $4,200,000 to finance the cost of school projects and general capital improvement projects of the City for the following purposes and uses: construction, reconstruction, improvements and equipment for public schools; construction, reconstruction, improvement and equipment for various infrastructure needs, including traffic control facilities, streets, sidewalks and other public ways, bridges, storm sewers, drains and culverts, and refuse disposal facilities; participation in redevelopment, conservation and community development programs, including the construction, reconstruction, improvement and equipment for targeted public facilities included in these programs; construction, reconstruction, improvements and equipment for public institutional, operational, cultural, educational and entertainment buildings and facilities, including but not limited to the theaters, parks, playgrounds, cemeteries, libraries and museums; acquisition of real property therefrecommended for approval  Action details Not available
RES. 2023-R044 15. ResolutionTo amend Res. No. 2021-R081, adopted Dec. 13, 2021, which requests that the Chief Administrative Officer provide the Council with a quarterly report on the expenditure of 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, for the purpose of modifying the quarterly reporting schedule.recommended for approval  Action details Not available
RES. 2023-R045 16. ResolutionTo authorize the issuance of public utility revenue refunding bonds of the City of Richmond, Virginia in the maximum principal amount of up to $600,000,000 to refund all or portions of certain public utility revenue 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 purposes, providing for the form, details and payment of such bonds and approving the form of the supplemental indenture of trust.recommended for approval  Action details Not available
CD.2023.248 1  Council Document July 20, 2023 - Finance & Economic Development Board Vacancy Report   Action details Not available
CD.2023.257 1  Council Document July 20, 2023 Finance & Economic Development Staff Report   Action details Not available
ORD. 2023-152 11. OrdinanceTo repeal City Code §§ 11-190-197, concerning a commercial property assessed clean energy financing program, and to amend ch. 11, art. VIII of the City Code by adding therein new §§ 11-190.1-11-197.1, concerning a commercial property assessed clean energy financing program, for the purpose of aligning the City Code with state law pertaining to commercial property assessed clean energy financing programs. (As Amended)   Action details Not available