Legislation Details

File #: 2026-0677    Version: 1 Name:
Type: Ordinance Status: Introduced
File Introduced: 8/25/2026 In control: City Council
On agenda: 8/25/2026 Final action:
Effective date:    
Title: ORD Making Certain Findings, & Auth the Mayor, or Her Desig, to Execute: (1) an Amend & Restated Redev Agrmt btwn the City & Springfield Lofts, LLC; & (2) Loan Docs & Related Docs as Described in the Agrmt, to Support the Redev by Developer an 2.12± Acre Site Located at 1335 N Pearl St & 205 W 3rd St, in the City of Jax; Auth a Redev Completion Grant in the Amt of $3,000,000 to the Developer Upon Substantial Completion of the Proj, to Be Approp by Subsequent Legislation; Auth a Dev Loan in the Amt of $3,000,000 with a Term of 20 Yrs in Connection with the Proj, to Be Approp by Subsequent Legislation; Waiver of Sec 91.113, Ord Code, That Auths Settlement &/or Compromise of Fines & Liens Imposed by the MCEB or Special Magistrate; Waiver of Sec 91.114, Ord Code, re the Procedure to Request That a Fine or Line Imposed Pursuant to Sec 91.107 Be Reduced; Waiver of Sec 518.145(D) (Collection & Settlement of Nuisance Abatement & Demolition Liens), Ord Code, to Auth Removal of the Nuisance L...
Introducer and/or Co-Sponsor(s): Matt Carlucci
Assigned Committees: FINANCE, NCSPHS, RULES
Legislation Documents: 1. 2026-677 Original Bill, 2. 2026-677 BIE
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