ORD. 2026-005 · Ordinance

To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $325,040.00 from the Virginia Department of Rail and Public Transportation and to amend Ord. No. 2025-058, adopted May 12, 2025, which accepted a program of proposed Capital Improvement Projects for Fiscal Year 2025-2026 and the four fiscal years thereafter, adopted a Capital Budget for Fiscal Year 2025-2026, and determined a means of financing the same, by (i) establishing a new project for the Department of Public Works in the Transportation category called the “Pedestrian Beacon-24th and Main Project” and (ii) increasing estimated revenues from the funds received from the Virginia Department of Rail and Public Transportation and the amount appropriated to the new Department of Public Works’ Pedestrian Beacon-24th and Main Project in the Transportation category by $325,040.00, all for the purpose of funding the planning, design, construction, and installation of a pedestrian hybrid beacon at the intersection of 24th Street and Main Street.