Stoney defends Richmond's $56M contract for failed development

The city of Richmond is right to charge Virginia Commonwealth University Health $56 million, even though the associated building projected failed, Mayor Levar Stoney said in a statement Wednesday. And he said state lawmakers should back out. VCU Health "should not be looking for ways to get around paying their fair share, and the state should not be in the business of negating legally binding contracts," Stoney said. The deal was signed in 2021, when the city of Richmond agreed to sell the Public Safety Building at the intersection of...