Monday, October 17, 2011

Resolution calls for no action to be taken by the Mayor or City Administration on Richmond Metropolitan Authority refinancing

RICHMOND CITY COUNCIL
Richmond City Council – Richmond City Hall - 900 E. Broad Street, Suite 200 - Richmond, VA 23219 - www.council.richmondva.gov

COUNCIL PUBLIC INFORMATION NEWS ADVISORY
IMMEDIATE RELEASE TO BE FORWARDED AND SHARED
Monday, 17 October 2011

Resolution calls for no action to be taken by the Mayor or City Administration on Richmond Metropolitan Authority refinancing

Proposed Resolution by Councilman Doug Conner to be heard during Richmond City Council Land Use, Housing and Transportation Standing Committee Meeting tomorrow

WHAT An Expedited Resolution, proposed by The Honorable Doug G. Conner, Councilman, Richmond City Council, South Central 9th District, instructing the Mayor and Richmond City Administration to take no action on Richmond Metropolitan Authority refinancing until Richmond City Council receives a thorough and independent analysis of a plan, will be heard in a public hearing as part of the scheduled Richmond City Council Land Use, Housing and Transportation Standing Committee Meeting tomorrow.

The Resolution also requests the Richmond Metropolitan Authority to hire an independent accounting firm or other entity to produce an independent analysis of refinancing and suggest alternatives to the proposals made by the Richmond Metropolitan Authority and the Mayor/City Administration. The final report of the study is to provide alternatives to refinancing.

Councilman Conner is the Chairman of the Richmond City Council Land Use, Housing and Transportation Standing Committee.

The meeting is open to the public and all Richmond citizens are invited and encouraged to attend.

WHEN Tuesday, 18 October 2011
3:00 - 4:30 p.m.

WHERE Richmond City Council Land Use, Housing and Transportation Standing
Committee Meeting
Richmond City Council Chambers
Richmond City Hall - 900 E. Broad Street, Suite 305
Richmond, Virginia 23219

WHO The Honorable Doug G. Conner, Councilman, Richmond City Council, South
Central 9th District, Chairman of the Richmond City Council Land Use,
Housing and Transportation Standing Committee

CONTACT For more information, please contact The Honorable Douglas G. Conner, Jr.,
Councilman, Richmond City Council - South Central 9th District, at
804.646.6592 (tel); 512,0500 (mobile); or, doug.conner@richmondgov.com (email)
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______________________________________
Steven R. Skinner, APR
Council Public Information Manager
Office of the Chief of Staff
RICHMOND CITY COUNCIL
Richmond City Hall
900 E. Broad Street, Suite 305
Richmond, Virginia 23219
804.646.6052 (office)
804.335.4054 (mobile)
804.937.1386 (home/mobile)
804.646.5468 (fax)
skinnesr@ci.richmond.va.us (email)
www.council.richmondva.gov(website)
______________________________________

MISSION The mission of Richmond City Council
is to represent citizens in creating and amending
local laws, providing government policy and
oversight, and approving the city budget.

VISION Richmond City Council is committed to
creating a vibrant community that is a great place
to live, work, learn, play, visit and raise a family.