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Title:
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ORD Making Certain Findings & Auth the Mayor, or his Designee, & Corp Secretary to Execute & Deliver: (1) Amendmnt Number 15 to the Lease Among the City of Jax, & Jax Jaguars, LLC (“JJL”) (“Amendmnt 15”) which Amendmnt 15 provides for: (1) the Design, Construction, Ownership, Use, Mgmt, Operations, Costs & Financing of a Sports Performance Center (the “Facility”); and (2) Amends & Restates the Lease Agreemnt btwn the City & JJL for the Use, Operation & Maintenance of the Covered Flex Field; Auth Approval of Technical Amendmnts by the Mayor or his Designee; Auth the Borrowing & Approp of $60,000,000.00 in Funding from the City’s Commercial Paper Facility and/or Issue Fixed Rate Debt in order to Provide Funding for the City’s Portion of the Project; Waiving Provisions of Chapt. 126, (Procurement Code), Ord. Code, with Respect to the Project, & to Allow the City to Directly Purchase Certain items Specified in Amendmnt 15; Establishing requirements f...
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