|
Title:
|
ORD Auth the Mayor, or Her Desig, to Execute: (1) a 2nd Amend & Restated Hotel Redev Agrmt Among the City, DIA, & Shipyards Trustee Jacksonville, LLC, Successor by Assignment to Shipyards Hotel Jacksonville, LLC f/k/a Shipyards Hotel, LLC, which Amends & Restates the Previously Authd Amend & Restated Redev Agrmt Consistent with the Improvements Previously Authd by Ord 2022-871-E to, in Pt, Recognize Increased Mini Required Capital Investment for the Hotel Improvements, & Increase the Max Amt of the Previously Authd REV Grant by an Add’l $6,000,000; (2) a Revised Marina Support Bldg Lease to Recognize Certain Rights of the Restaurant Operator, to Increase the Basic Rent to the City from $1 Annually to $15,000 Per Yr, to Be Offset Against Maintenance Obligations for the Event Lawn to Be Undertaken by Developer; (3) a Revised Marina Mgmt Agrmt to Auth the Marina Manager to Enter Into the Agrmt Prior to Substantial Completion of the Improvements So the Marina Improvements Can Be Fully Oper...
|