Amend redevelopment agency budget to add $25.3 million for operations and $121.9 million for capital projects

Redevelopment Agency BudgetBudgetFinance

In Plain English

The Richmond Community Redevelopment Agency needs to adjust its 2009-2010 budget. The agency oversees projects that eliminate blight and boost economic development in designated areas. If approved, operating expenses increase by $25.3 million and the 5-year capital budget grows by $121.9 million for construction projects.

Auto-generated summary. Source: official agenda documents.

Votes

Approve moving forward with the voluntary early retirement issue for both the Redevelopment Agency and City employees

Moved by: Jeff RittermanSeconded by: Corky Booze
Passed

6 to 0

Nat BatesAye
Tom ButtAye
Jeff RittermanAye
Corky BoozeAye
Maria ViramontesAye
Gayle McLaughlinAye

Adopt Resolution No. 09-31 to support the Redevelopment Agency budget excluding layoffs unless brought back to Council for approval

Moved by: Corky BoozeSeconded by: Maria Viramontes
Passed

6 to 0

Nat BatesAye
Tom ButtAye
Jeff RittermanAye
Corky BoozeAye
Maria ViramontesAye
Gayle McLaughlinAye