Richmond’s Broad Street Community Development Authority will hold a
regular monthly meeting. The Authority is responsible for financing and
managing certain improvements in connection with development and
redevelopment of the downtown area of Richmond, Virginia.
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 March 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 Authority is responsible for financing and managing certain improvements in connection with development and redevelopment of the downtown area of Richmond, Virginia.
The agenda for the meeting will include:
• Call to Order
• Approval of minutes of February 25, 2010
• Reports and action Items
• Public Comment Period
• Chairman’s Report/other items
• Administrator’s Report/other items
2010-2011 Draft Budget
• Finance Committee Report/other items
June 1, 2010 Debt Service Payment
• Parking Operations Committee Report/other items
Parking Revenue Variances
• Counsel’s Report/other items
Special Assessments
• New Business
• Closed Session, if needed
• Adjournment
WHEN Thursday, March 25, 2010; 9:00 -10:30 a.m.
WHERE Richmond City Hall, 900 E. Broad Street, 2nd Floor Conference Room Richmond, Virginia, 23219
CONTACT For more information please contact Lynne Lancaster, Administrator, Richmond’s Broad Street Community Development Authority, at 804.649.0126 (tel) or llynnessl@msn.com (email).
Background
Richmond’s 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 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.
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