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East End News

Council to consider sale of 24th Street property, Stone funding

A handful of the 43 items on the agenda for the Monday, December 8, City Council Meeting (PDF) are of somewhat direct local interest:

Ord. No. 2014-203 (Patron: (Mayor Jones) – To declare surplus and to direct the sale of City-owned real estate located at 313 North 24th Street and 2407 East Marshall Street for [$250,000] $325,000 to Sterling Bilder, LLC, for the purpose of the construction of a mixed-use development including commercial, residential and civic space. (As Amended)

Res. No. 2014-R180 (Patrons: Mr. Baliles and President Samuels) – To support the Shockoe Economic Revitalization Strategy. Recommendation from Land Use, Housing & Transportation Standing Committee meeting to forward with no recommendation.

Ord. No. 2014-228 (Patron: Mayor Jones) – To amend Ord. No. 2014-61-98, adopted May 27, 2014, to amend the Capital Budget for Fiscal Year 2014-2015 by increasing revenues from planned borrowings and the amount appropriated to a new Stone Brewing project in the Economic and Community Development category by $23,000,000 for the purpose of making an appropriation to the Economic Development Authority for the Authority to develop and manage a building to house the operations of KoochenVagner’s Brewing Co., d/b/a Stone Brewing Co., in the city.

Ord. No. 2014-246 (Patron: Mayor Jones) – To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Governor’s Development Opportunity Fund Performance Agreement between the City of Richmond, the Economic Development Authority of the City of Richmond and KoochenVagner’s Brewing Co., doing business as Stone Brewing Co., for the purpose of establishing and administering performance-based incentives provided pursuant to the Governor’s Development Opportunity Fund.

Res. No. 2014-R156 (Patron: Mr. Baliles) – To support efforts by the Economic Development Authority to negotiate with the desired intent to acquire the properties known as 103 Ambler Street, 1601 East Grace Street, 1600 East Franklin Street, 1604 East Franklin Street, 1606 East Franklin Street, 1610 East Franklin Street, 200 North 17th Street, 208 North 17th Street, 212 North 17th Street, 214 North 17th Street, 220 North 17th Street, 222 North 17th Street, 1715 East Grace Street, 300 Oliver Hill Way, 400 Oliver Hill Way, 510 Oliver Hill Way, 101 North 17th Street, 207 North 18th Street, 1800 East Grace Street, and 1609 East Franklin Street for the purpose of developing one or more facilities for commercial enterprises in order to promote economic development in Shockoe Bottom and the City. (As Amended)

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