Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Henrico supervisors approve EDA bond and multiple construction, sewer and trail contracts
Summary
The Henrico County Board approved up to $7.5 million in EDA multifamily housing revenue bonds for a 53‑unit Carter Woods project and awarded several contracts, including a $23.922 million Westwood sewage pumping station and a $6,000,484 Fall Line Trail segment; all actions were approved on motion.
The Henrico County Board of Supervisors approved a package of bond and contract measures at its meeting, including authorization for Economic Development Authority bonds, multiple construction contracts and a property acquisition for flood mitigation.
Director of Economic Development Tratina told the board the resolution would authorize issuance of multifamily housing revenue bonds through the Economic Development Authority “in the amount not to exceed $7,500,000” for the benefit of Carter Woods 4, LLC, an affiliate of the Better Housing Coalition. Tratina said Carter Woods 4 will use the proceeds to finance part of the cost to develop a 53‑unit multifamily housing facility with a community center near the intersection of 9 Mile and Dabbs House Road and that the authority serves as a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
