File #: 2023-0622-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 9/12/2023 In control: City Council
On agenda: 10/10/2023 Final action: 10/10/2023
Effective date: 10/12/2023    
Title: ORD Auth the Mayor, or Her Designee, to Execute: (1) an Amended & Restated Redev Agrmt (Amended RDA); & (2) an Amended & Restated CRA Infrastructure Improvements Cost Disbursement Agrmt Among the City, Elements Development of Jacksonville, LLC & the District Community Development District to Expand the Size of the Proj Parcel by 1.2± Acres, & Auth Certain Add’l Property to be Added to the Proj Parcel if Later Acquired by the Developer, Increase the # of Residential Units by 220± Units, Increase the # of Hotel Rooms by 53±, Reduce the Amt Retail Space by 13,200± sq ft, Increase the Max Amt of the REV Grant from $56,025,000 to $97,986,000 as a Result of Increased Costs Due to Market Conds, Clarify Location of Dedicated Public Parking Spaces, Clarify & Extend Certain Dates Within the Performance Schedule, With Completion of the CRA Infrastructure Improvements by 12/31/24, & to Make All Other Necessary Changes to the RDA, Interlocal Agrmt, Disbursement Agrmt & Related Docs to Effectuate th...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2023-622 Original Bill, 2. 2023-622 LFS, 3. 2023-622 Bill Summary
Final documents: 1. 2023-622-E, 2. 2023-622 Exhibit 1, 3. 2023-622 On File