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Public Information Advisory - Special Meeting - May 8, 2024

WHAT:          Richmond City Council will hold a special meeting to consider Ord. No. 2024-111, to authorize the issuance of general obligation public improvement bonds of the City of Richmond in the maximum principal amount of $170,000,000 to finance the costs of the design, acquisition, construction and equipping of a new baseball stadium to be developed in connection with the redevelopment of the area known as the “Diamond District” and to pay the issuance and financing costs incurred in connection with such bonds (including, but not limited to, certain capitalized interest on such bonds); to authorize the Director of Finance, with the approval of the Chief Administrative Officer, for and on behalf of the City, to sell such bonds for such capital improvement project, to provide for the form, details and payment of such bonds; and to authorize the issuance of notes of the City in anticipation of the issuance of such bonds; Ord. No. 2024-112, to create the Diamond District Community Development Authority; Ord. No. 2024-113, to authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute the Diamond District Redevelopment Project Purchase and Sale and Development Agreement by and between the City of Richmond, Virginia, Diamond District Partners, LLC, and the Economic Development Authority of the City of Richmond, Virginia, for the purpose of providing for the financing, construction, maintenance, and operation of public improvements and private development within an area generally known as the Diamond District along North Arthur Ashe Boulevard and Hermitage Road; Ord. No. 2024-114, to approve a plan to finance certain public infrastructure in connection with the redevelopment of the area known as the “Diamond District” through the issuance of revenue bonds by the Economic Development Authority of the City of Richmond, Virginia (the “Authority”); to approve the form of a Cooperation Agreement pursuant to which the City of Richmond, Virginia (the “City”), will undertake, subject to annual appropriation by the Council of the City of sufficient amounts for such purposes, to make available to the Authority such funds as may be necessary to enable the Authority to (a) satisfy its undertakings pursuant to the Purchase and Sale and Development Agreement, the Stadium Development Agreement and the Stadium Lease, each to be entered into in connection with the Diamond District redevelopment project, (b) pay the debt service on the revenue bonds to be issued to finance such public infrastructure and (c) pay certain other costs and fees and fund other obligations required pursuant to the terms of the financing documents pursuant to which such revenue bonds are to be issued; and to authorize the Chief Administrative Officer and other appropriate officers of the City to execute and deliver the Cooperation Agreement and such other documents as may be necessary or appropriate to accomplish the plan of finance with respect to the public infrastructure; and for the introduction and expedited consideration of a resolution to appointment members to the Diamond District Community Development Authority.
                                                                                                                                                                                
WHEN:          Wednesday, May 8, 2024, at 3:00 p.m. 

WHERE:       Council Chamber 
                       City Hall
                       900 East Broad Street, 2nd Floor
                       Richmond, VA 23219

The agenda for this meeting is accessible on the City’s legislative website by clicking here

CONTACT:   For more information, please contact City Clerk Candice Reid at 804.646.7955 or Candice.Reid@rva.gov.
 

Public Safety Standing Committee Meeting - May 28, 2024 at 1:00 p.m. - Cancelled

WHAT:          The May Public Safety Standing Committee meeting has been CANCELLED.
                       
WHEN:         Tuesday, May 28, 2024, at 1:00 p.m.

WHERE:       Council Chamber
                       Richmond City Hall 
                       Second Floor
                       900 East Broad Street
                       Richmond, Virginia 23219

CONTACT:   For more information, please contact City Clerk Candice Reid at 804.646.7955 or Candice.Reid@rva.gov.

Organizational Development Standing Committee Meeting - May 6, 2024 at 4:00 p.m.

The Organizational Development Standing Committee agenda for the Monday, May 6, 2024 meeting is now available on the City’s legislative website by clicking here.

This meeting will be open to in-person participation; however, the public will have the option to provide their comments by teleconference/videoconference via Microsoft Teams. Interested individuals who wish to take advantage of this option, must do so prior to 10:00 a.m., on Monday, May 6, 2024, by calling the Office of the City Clerk at (804) 646-7955 and selecting option 3.

Please note that the meeting agenda may be revised.  Click the above-referenced link to access the most current information.

Public Information Advisory - Special Meeting - May 6, 2024

WHAT:          Richmond City Council will hold a special meeting to (i) consider a motion to amend and continue Ord. No. 2024-099, to adopt the annual budget, which includes all of the separate current expense budgets for the general operation of the City government and Richmond Public Schools and for each utility as defined in ch. 13 of the City Charter and provides for increases to certain fees for certificates of appropriateness, certificates of zoning compliance, zoning confirmation letters, and other filing fees set forth in ch. 30 of the City Code, concerning zoning, for the fiscal year commencing Jul.1, 2024, and ending Jun. 30, 2025, and to appropriate the estimated revenues for such fiscal year for the objects and purposes stated in such budget; (ii) a motion to amend and continue Ord. No. 2024-100, to accept a program of proposed Capital Improvement Projects for the fiscal year beginning Jul. 1, 2024, and for the four fiscal years thereafter; to adopt a Capital Budget for the fiscal year beginning Jul. 1, 2024; and to determine the means of financing the same; (iii) to consider a motion to continue remaining budget related items Ord. No. 2024-101, Ord. No. 2024-102, Ord. No. 2024-103, and Ord. No. 2024-104; and (iv) to introduce an ordinance to amend Ord. No. 2023-071, adopted May 8, 2023, which adopted the Fiscal Year 2023-2024 General Fund Budget and made appropriations pursuant thereto, by increasing revenues from estimated interest income by $9,000,000.00, to appropriate a portion of such estimated interest income to various City departments and certain non-departmental agencies, to create certain new line items in the Non-departmental agency, and appropriate such estimated interest income revenue thereto for the purpose of funding certain City departments and nonprofit initiatives. 
                                                                                                                                                                                
WHEN:          Monday, May 6, 2024, at 3:00 p.m. 
                       Previously noticed for Monday, May 6, 2024, at 1:00 p.m

WHERE:       Council Chamber 
                      City Hall
                      900 East Broad Street, 2nd Floor
                      Richmond, VA 23219

The agenda for this meeting is accessible on the City’s legislative website by clicking here

CONTACT:   For more information, please contact City Clerk Candice Reid at 804.646.7955 or Candice.Reid@rva.gov.
 

Public Information Advisory - InterCity Visit

WHAT:          Members of Richmond City Council will attend the 2024 InterCity Visit hosted by ChamberRVA.
                       
WHEN:          Tuesday, April 30, 2024 – Thursday, May 2, 2024  

WHERE:       Atlanta, Georgia 

CONTACT:   For more information, please contact Christy McCurdy at 804.783.9332 or Christy.McCurdy@ChamberRVA.com

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