File #: 2019-0596-A    Version: 1 Name:
Type: Resolution Status: Adopted
File Introduced: 8/13/2019 In control: City Council
On agenda: 9/10/2019 Final action: 9/10/2019
Effective date:    
Title: RESO Auth Economic Dev Agreemt with COJ, DIA and "Project Sharp" to Support the Construction by Company of New Corporate HQ’s and Structured Parking Facility located in Northbank Downtown Community Redev Area; Recommend Apv by Fla Dept of Economic Opportunity as a QTI Business Pursuant to Sections 288.106-108, F.S.; Evidence City's Local Financial Support of $600,000 under QTI Industry Tax Refund Prog Payable over multiple years per guidelines set by the State Dept of Economic Opportunity with State Match of $2,400,000 for Total of City & State QTI of $3,000,000 for 500 Jobs; Auth a REV Grant of $23,400,000; Auth City Closing Fund Grant in Amount of $3,500,000; Designate Oversight by OED; Deadline for Company to Execute Agreemt; Affirm Proj's Compliance with Public Investmt Policy. (Sawyer) (Req of DIA) 8/13/2019 CO Introduced:F 8/20/2019 F Read 2nd and Rerefer 8/27/2019 CO Read 2nd and Rerefer;F 9/6/2019 F Approve 7-0 9/10/2019 CO Approved 17-0
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE
Legislation Documents: 1. 2019-596 Original Bill.pdf, 2. 2019-596 Fact Sheet.pdf, 3. 2019-596 Exhibit 1.pdf, 4. 2019-596 Exhibit 2.pdf, 5. Bill Summary 2019-0596, 6. 2019-596-A Current Text.pdf, 7. Sharp Announcement.pdf