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: 12/18/2024 1:30 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-DEC18 or dial *67-804-316-9457 and enter ID: 810 740 002#. Published agenda: Agenda Published minutes: Not available Meeting Extra1: Not available   Meeting video: Not available eComment: Not available   Attachments: Meeting Items (5) 5 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.2024.379 1     Council Document November 21, 2024 - Finance and Economic Development Standing Committee Meeting Minutes     Not available Not available ORD. 2024-321 1 1.   Ordinance To amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 General Fund Budget and made appropriations thereto, to (i) transfer $92,722.00 from the Central Appropriations agency 400 Hull Street, LLC (economic development grant through EDA) line item, (ii) create a new line item called “512 Hull Street, LLC” in the Central Appropriations agency, and (iii) appropriate such $92,722.00 to such new line item in the Central Appropriations agency for the purpose of providing funding to the Economic Development Authority of the City of Richmond for an economic incentive payment for the development and operation of affordable housing pursuant to the Grant Agreement authorized by Ord. No. 2024-195, adopted Jul. 22, 2024.     Not available Not available ORD. 2024-322 1 2.   Ordinance To amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 Internal Service Fund Budgets, by re-appropriating $5,700,000.00 from the Fiscal Year 2023-2024 Information Technology fund balance to the Department of Information Technology Internal Service Fund to fund necessary equipment replacement and project expenses.     Not available Not available ORD. 2024-323 1 3.   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, 1400 Hull Owner, LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 1401 Hull Street, 1403 Hull Street, 1405 Hull Street, and 1407 Hull Street. (6th District)     Not available Not available ORD. 2024-324 1 4.   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, 1500 Hull Owner, LLC, and the Economic Development Authority of the City of Richmond for the purpose of facilitating the construction of an affordable residential development located at 1501 Hull Street, 1503 Hull Street, 1505 Hull Street, and 1511 Hull Street. (6th District)     Not available Not available