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ORD. 2024-321

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.

Ordinance Adopted Introduced December 10, 2024

What this record is

Held by
Hull Street, LLC
Amount
$93K
Runs until
no end date published in this record
Type
contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Introduced
December 10, 2024
On agenda
January 13, 2025
Passed
January 13, 2025

Where it was heard

City Council Jan 13, 2025 adopted Pass Finance and Economic Development Standing Committee Dec 18, 2024 recommended for approval City Council Dec 9, 2024 introduced and referred