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File #: 2026-0037-A    Version: 1 Name:
Type: Resolution Status: Adopted
File Introduced: 1/13/2026 In control: City Council
On agenda: 1/27/2026 Final action: 1/27/2026
Effective date: 1/28/2026    
Title: RESO Making Certain Findings, & Apv & Auth the Execution of an Economic Dev Agrmt btwn the City & Proj Underground (Company), to Support the Expansion of an Existing Manufacturing Facility & Related Improvements in Jax, FL (Project); Auth a 5-Yr Recapture Enhanced Value (REV) Grant Not to Exceed $275,000; Apv & Auth the Execution of Docs by the Mayor, or Her Desig, & Corp Sec; Auth Appvl of Technical Amdts by the Exec Director of the OED; Prov for Oversight by the OED; Prov a Deadline for the Company to Execute the Agrmt; Affirming the Proj’s Compliance with the Public Investment Policy Adopted by Ord 2024-286-E, as Amend (Sawyer) (Req of Mayor) 1/13/26 CO Introduced: R, F 1/20/26 R Amend/Approve 7-0 1/21/26 F Amend/Approve 6-0 1/27/26 CO Amend/Approve 17-0
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE, RULES
Legislation Documents: 1. 2026-37 Original Bill, 2. 2026-37 On File, 3. 2026-37 LFS, 4. 2026-37 Rules Amd, 5. 2026-37 Revised On File, 6. 2026-37 Finance Amd, 7. 2026-37 Bill Summary
Final documents: 1. 2026-37 Second Revised On File, 2. 2026-37-A