Description
Title: To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Standard Project Administration Agreement between the City of Richmond and the Central Virginia Transportation Authority for the purpose of?administering the Diamond District Transportation Infrastructure Project.
Summary
Ordinance No. 2026 084, introduced on April 13, 2026, authorizes the Chief Administrative Officer of Richmond to enter into a Standard Project Administration Agreement with the Central Virginia Transportation Authority (CVTA) for the Diamond District Transportation Infrastructure Project. This project, part of a broader 67-acre redevelopment initiative, aims to enhance transportation infrastructure, including new streets and transit access. The City will receive $10,369,508 in CVTA funds to support these improvements, which are critical for regional transportation and local economic development. A public hearing is scheduled for April 27, 2026, to discuss the ordinance, emphasizing transparency and community involvement in local governance.