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The Agenda: Local government briefs for 5.24.21 May 24, 2021 The old Southern States silos would be razed to make way for a proposed mixed-use development up to 20 stories tall if the City Council approves rezoning. ( BizSense file) Budget hearing and vote, Southern States silos rezoning on city agenda The Richmond City Council meets in regular session at 6 p.m. Monday. Full agenda available here. A final public hearing will precede a potential vote on the proposed budget for fiscal year 2022. Mayor Levar Stoney has proposed a $770.3 million budget with no increases in real estate, personal property or other general taxes. More on the proposed budget is available here. ....
Late last year liquidators Hall Chadwick s Ginette Muller and Marcus Watters said in a report lodged with ASIC that a dividend was unlikely to be paid to any creditor and urged them to write off any debt owed by the company. It was in their view the company may have been insolvent or likely to become insolvent from at least July 2019 . They said Total Lifestyle Builders started to incur regular monthly net losses from as far back as August 2018 but still recorded an overall profit for the year ended June 20, 2019. However, the company made less profit and larger losses afterwards leading to an overall loss in the period up to June 18, 2020. ....