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File #: 2025-0531-A    Version: 1 Name:
Type: Resolution Status: Adopted
File Introduced: 7/22/2025 In control: City Council
On agenda: 8/12/2025 Final action: 8/12/2025
Effective date: 8/20/2025    
Title: RESO Making Certain Findings, & Apv & Auth the Execution of an Economic Dev Agrmt btwn the City & Project Newark, to Support the Expansion of Company’s Operations with a New Manufacturing Facility Located in Jax, FL; Auth a 5-Yr REV Grant Not to Exceed $3,500,000; Apv & Auth the Execution of Docs by the Mayor, or Her Desig, & Corp Sec; Auth Appvl of Tech Amends by the Executive 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 Amended; Req 2-Reading Passage Pursuant to C.R. 3.305 (Sawyer) (Req of Mayor) 7/22/25 CO Introduced: F 8/5/25 F Amend/Approve 7-0 8/12/25 CO Amend/Approve 17-0
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE
Legislation Documents: 1. 2025-531 Original Bill, 2. 2025-531 LFS, 3. 2025-531 On File, 4. 2025-531 Bill Summary, 5. 2025-531 Finance Amd, 6. 2025-531 - Revised On File