Tuesday, February 16, 2010

Richmond’s Broad Street Community Development Authority to hold a regular monthly meeting

Richmond’s Broad Street Community Development Authority will hold a regular monthly meeting. The Broad Street Community Development Authority is a component unit of the City of Richmond and was established by Richmond City Council Ordinance Number 2002-165-199; adopted July 8, 2002, and, pursuant to the provisions of Article 6 of Chapter 51 of Title 15.2 of the Virginia Code of Laws of 1950, as amended.  The Authority was amended again on July 14, 2008 (Richmond City Council Ordinance Number 2008-174-189) to increase the membership of the board from five to seven.

RICHMOND CITY COUNCIL
Richmond City Council – Richmond City Hall - 900 E. Broad Street, Suite 200 - Richmond, Virginia  23219 www.council.richmondva.gov
                
COUNCIL PUBLIC INFORMATION NEWS ADVISORY
For Immediate Release
Tuesday, 16 February 2010

Richmond’s Broad Street Community Development Authority to hold a regular monthly meeting

Public invited and encouraged to attend

WHAT        Richmond’s Broad Street Community Development Authority will hold a regular monthly meeting. The Broad Street Community Development Authority is a component unit of the City of Richmond and was established by Richmond City Council Ordinance Number 2002-165-199; adopted July 8, 2002, and, pursuant to the provisions of Article 6 of Chapter 51 of Title 15.2 of the Virginia Code of Laws of 1950, as amended.  The Authority was amended again on July 14, 2008 (Richmond City Council Ordinance Number 2008-174-189) to increase the membership of the board from five to seven.

        The Authority is responsible for financing and managing certain improvements in connection with development and redevelopment of the downtown area of Richmond, Virginia. The most recent project completed by the Broad Street Community Development Authority was the financing of $67 million in bonds to tear down Richmond’s old Sixth Street Marketplace and fund other improvements.

    The agenda for the meeting will include:
•    Public Comment Period
•    Chairman’s  Report
•    CDA Administrator’s  Report
    7th & Marshall Elevators
•    Finance Committee Report
    June 1, 2010 Debt Service Payment
•    Parking Operations Committee Report
    Parking Revenue Variances
•    CDA Counsel’s Report
        Special Assessments

WHEN            Thursday, February 25, 2010; 9:00 -10:30 a.m.

WHERE     Troutman Sanders, LLP
    1001 Haxall Point, 15th floor (Roberts Room)
    Richmond, Virginia, 23219

CONTACT     For more information please contact Lynne Lancaster, Administrator, Broad Street Community Development Authority, at llynnessl@msn.com.
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