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Finance committee forwards City of Richmonds Diamond District off-cycle funding recommendation to full authority
Summary
After TAC review, the CVTA Finance Committee voted Dec. 10 to forward TACs recommendation that the authority consider an 80/20 funding split for the City of Richmond Diamond District off-cycle request (80% interest income, 20% city/non-CBTA regional funds) and to forfeit a Round 5 wild-card application as part of that package.
The Central Virginia Transportation Authority Finance Committee voted Dec. 10 to forward the Technical Advisory Committees recommendation on the City of Richmonds Diamond District off-cycle funding request to the full authority for consideration.
Staff briefing: Mister Parsons summarized staffs report and said TAC had vetted technical eligibility. TAC…
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