File #: 2024-0495-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 6/25/2024 In control: City Council
On agenda: 8/13/2024 Final action: 8/13/2024
Effective date: 8/15/2024    
Title: ORD Apv & Auth the CEO of DIA, or Her Desig, to Execute: (1) a Redev Agrmt (N4 Agreement) Among the City, DIA & Osprey River, LLC, or Its Affiliates (N4 Developer); (2) a Redev Agrmt (N5 Agreement) Among the City, DIA & 721 Pearl Garage, LLC, or Its Affiliates (N5 Developer); (3) a Redev Agrmt (N8 Agreement) Among the City, DIA & 606 Pearl Street, LLC, or Its Affiliates (N8 Developer); & (4) a Redev Agrmt (N11 Agreement) Among the City, DIA & Jax Porter, LLC, or Its Affiliates (N11 Developer & Collectively With the N4, N5 & N8 Developers, the “Developers”), to Support the Construction of 3 Multifamily & Retail Mixed-Use Dev & to Rehabilitate an Existing Parking Garage in the North Core of Downtown Jax; Directing the Discretionary Hospitality Tax Described in the N8 Agreement be Deposited inot the General Fund; the N4 Agrmt Regards the Dev of 1.27± Acres of Land Bounded by Union St, Pearl St, Beaver St & N Clay St, to Provide a Min of 266 Residential Units, With 19,155± Sq. Ft. of Leasa...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2024-495 Original Bill, 2. 2024-495 LFS, 3. 2024-495 Bill Summary, 4. 2024-495 Finance Amd
Final documents: 1. 2024-495-E, 2. 2024-495 Exhibit 1, 3. 2024-495 Revised On File