Administration formally introduces legislation for Navy Hill Project
The city administration
today formally introduced ordinances memorializing the proposed negotiated
agreement with the Navy Hill Development Corporation to revitalize downtown
Richmond, create economic opportunity,
and provide necessary funding for the city’s priorities, including education,
housing, and neighborhoods. Also introduced was a resolution outlining the
Mayor’s funding priorities for the estimated $1 billion in surplus revenue to
be generated by the proposed project.
The legislation, which will
be officially posted to the Richmond City Clerk’s Legistar page, can also be
found at the following link on the city website:
· The
ordinance binder package, which includes the legal documents, the OR Request,
and the Fiscal Impact Statement
· The
Original Proposal from NHDC
· The
NHDC Response to Request for Clarifications
The previously posted City
of Richmond Request for Proposal (RFP) and other related previously published
documents may also be found on the city’s website.
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