https://jaxcityc.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6883030&GUID=958E1503-12F3-4280-A8E2-A5B7B017DBD2&G=5C328780-15E9-4A99-A06C-56338DCE410ELegistar15https://jaxcityc.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6883030&GUID=958E1503-12F3-4280-A8E2-A5B7B017DBD2&G=5C328780-15E9-4A99-A06C-56338DCE410E958E1503-12F3-4280-A8E2-A5B7B017DBD2-2024-11-18-18-21-50Title: ORD Apv & Auth the Mayor, or Her Desig, & the Corp Sec to Execute & Deliver a Release of the Regulatory Agrmt Encumbering the Property Located Generally at 4832 N Main St, Jax, Duval County, FL, 32206 (Capri Villas Property) which is a Portion of the Property Associated with the Capri Villas Proj & the Huron Sophia Proj Located Generally at the Capri Villas Property & 2800 Sophia St, Jax, Duval County, FL, 32254, for the Purpose of Enabling the Dev of the Proj, Including the Acquisition & Rehab of Existing Multifamily Residential Housing Facilities for Persons or Families of Low, Middle or Moderate Income, Subject to (1) the Execution & Recording of a Land Use Restriction Agrmt (LURA) for a Min of 50 Yrs on the Property, & (2) the Proj Being Responsible for Paying All Costs Associated Therewith, Including All Legal & Professional Fees; Auth the Mayor, or Her Desig, & Corp Sec to Execute & Deliver Docs & Take Further Action to Effectuate the Purpose of this Ord; Prov for City Oversight by the Housing & Community Dev Div (Dillard) (Req of Mayor) (Co-Sponsors CMs Clark-Murray & Johnson)Mon, 18 Nov 2024 18:21:50 GMT