Description
Title: To approve the Work Plan and Budget for the fiscal year ending June 30, 2027, for the provision of services in the Downtown Special Service and Assessment Districts.
Summary
On May 11, 2026, the City of Richmond introduced Ordinance No. 2026-114, which seeks to approve the Work Plan and Budget for the fiscal year ending June 30, 2027. This legislation specifically pertains to services in the Downtown Special Service and Assessment Districts, managed by Venture Richmond. The ordinance outlines that, upon approval, Venture Richmond will implement various programs, including management of the Clean and Safe Program, marketing services, and downtown events, as well as overseeing the Riverfront Overlay District. The public hearing for this ordinance is scheduled for May 26, 2026, at 6 p.m. This initiative is crucial as it ensures continued funding and management of services that enhance the downtown area,