File #: 2024-0728    Version: 1 Name:
Type: Ordinance Status: Introduced
File Introduced: 9/10/2024 In control: City Council
On agenda: 9/10/2024 Final action:
Effective date:    
Title: ORD Approp $250,000 from the NW OED Fund - Contingency Acct, to the NW OED Fund - Loans for the Purpose of Prov a $250,000 NW Jax Small Business Dev Initiative Loan to Genuine Giants, LLC, in Connection with the Company’s Renovation & Expansion of its Existing Facilities Located Generally at 11830 Old Kings Rd, Jax, FL; Purpose of Approp; Apv & Auth the Mayor, or Her Desig, & the Corp Sec to Execute & Deliver, for & on Behalf of the City, the Economic Dev Agrmt btwn Company & the City; Auth a 50%, 5 Yr REV Grant in the Max Amt Not to Exceed $250,000 in Connection with the Construction of the Improvements; Auth Appvl of Tech Amends by the Executive Dir of the OED; Prov for City Oversight by the OED; Affirming the Proj’s Compliance with the NWJEDF Guidelines Appvd & Adopted by Ord 2016-779-E, as Amended; Affirming the Proj’s Compliance with the Public Investment Policy Adopted by Ord 2024-286-E, as Amended (B.T. 24-142) (Sawyer) (Req of Mayor) 9/10/24 CO Intro...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE
Legislation Documents: 1. 2024-728 Original Bill, 2. 2024-728 Exhibit 1, 3. 2024-728 Exhibit 2, 4. 2024-728 LFS, 5. 2024-728 On File
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