https://jaxcityc.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8215813&GUID=B0D3A78C-791B-40F6-9B7A-E7BC43F9F004Legistar15https://jaxcityc.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8215813&GUID=B0D3A78C-791B-40F6-9B7A-E7BC43F9F004B0D3A78C-791B-40F6-9B7A-E7BC43F9F004-2026-10-23-19-15-23Title: ORD Making Certain Findings, & Auth the Mayor, or Her Desig, to Execute: (1) an Economic Development Agrmt (“Agreement”) Btwn the City & Tori Meadows, LTD. (“Company”); & (2) Loan Docs & Related Docs as Described in the Agrmt, to Support the Dev by Company of Approx 180 Affordable Housing Units in a Multifamily Residential Housing Facility in the City; Auth a Dev Loan in the Amt of $2,800,000 With a Term of 20 Yrs in Connection With the Proj, to Be Approp by Subsequent Legislation; Desig the Chief of the Housing & Community Dev Div as Contract Monitor for the Agrmt & Related Agrmts; Prov for City Oversight of the Proj by the Neighborhoods Dept, Housing & Community Dev Div; Auth the Execution of All Docs Relating to the Above Agrmts & Transactions, & Auth Technical Changes to the Docs; Prov a Deadline for the Company to Execute the Agrmt; Waiver of That Portion of the PIP Adopted by Ord 2024-286-E, as Amended, to Auth a Dev Loan That is Not Currently Auth by the PIP (Dillard) (Req of Mayor) 9/22/26 CO Introduced: R, NCSPHS, F 10/5/26 R Read 2nd & Rerefer 10/5/26 NCSPHS Read 2nd & RFri, 23 Oct 2026 19:15:23 GMT