Finance and Economic Development Standing Committee

Council Chamber, 2nd Floor – City Hall

Agenda — 18 items

1. 1 Persons requesting to provide comments virtually during the public hearings or public comment period held at this meeting, must call the Office of the City Clerk at (804) 646-7955, option 3, by no later than 10:00 a.m., on Monday, March 16, 2026.
2. 2 Call to Order
3. 3 Chamber Emergency Evacuation Plan Announcement and Public Speaker Guidelines
4. 4 Public Comment Period
5. 5 Approval of Minutes
6. 6 Paper(s) for Consideration
7. 1. To amend ch. 26, article V, div. 2 of the City Code by adding therein a new section 26-370, concerning a deferral program for certain real estate taxes pursuant to and in accordance with Code of Virginia § 58.1-3219. (As Amended) ORD. 2025-282
8. 2. To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $69,015.00 from the Virginia Department of Fire Programs, and to amend the Fiscal Year 2025-2026 Special Fund Budget by creating a new special fund for the Department of Fire and Emergency Services called the “Virginia Fire Services PPE Grant Special Fund,” and increasing estimated revenues and the amount appropriated to the Department of Fire and Emergency Services’ “Virginia Fire Services PPE Grant Special Fund” by $69,015.00 for the purpose of providing funding for firefighter turnout gear and personal protective equipment. ORD. 2026-052
9. 3. To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept a donation of landscaping services from Capital Trees valued at approximately $32,000.00, for the purpose of performing tree improvements in Byrd Park located at 1401 Pump House Drive, 2601 Police Memorial Way, and 2301 Amelia Street in the city of Richmond. (5th District) ORD. 2026-054
10. 4. To amend City Code § 2-1213, concerning the employee first-time homebuyer’s assistance program, for the purpose of expanding the program to include employees of the School Board of the City of Richmond as authorized by Code of Virginia, §15.2-958.2(A). ORD. 2026-055
11. 11 Presentation(s)
12. 12 Inventory of Anti-Displacement Programs ~ Merrick Malone, Director of Department of Housing and Community Development
13. 13 Board Vacancies
14. 14 None
15. 15 Discussion Item(s)
16. 16 None
17. 17 Staff Report
18. 18 March 16, 2026 - Finance and Economic Development Staff Report CD.2026.084