File #: 2019-0738-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 10/8/2019 In control: City Council
On agenda: 11/12/2019 Final action: 11/12/2019
Effective date:    
Title: ORD Apv & Auth Execution & Delivery of a lien Subordination Agreemnt Among the City of Jax, Breeze Homes, LLC. & local initiatives support corp. in connection with the redevelopment, rehabilitation & improvement of the vacant propty located at 5809 Trout River Blvd. R.E. # 021161-0000, (Property) to auth a subordination of the City of Jacksonville’s Demolition & Nuisance liens to allow Breeze Homes to obtain the necessary Financing from LISC to Construct & Install New Water Utility Pipes & Lines Systems on the Subj Propty; Accepting the Irrevocable Letter of Credit issued by First Atlantic Bank in Favor of the City,as beneficiary,in amount of $145,418.00 in the event of default by Breeze Homes, LLC (Pollock) (Req of Mayor) 10/8/2019 CO Introduced: TEU,F 10/14/2019 TEU Read 2nd & Rerefer 10/15/2019 F Read 2nd & Rerefer 10/22/2019 CO PH Read 2nd & Rerefered;TEU,F 11/4/2019 TEU 5-1 (CM Dennis) 11/5/2019 F Approve 7-0 11/12/2019 CO Approved 17-1 (Sa...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE, TEU
Legislation Documents: 1. 2019-738 Original Bill.pdf, 2. 2019-0738 Bill Summary.pdf, 3. 2019-738-E Current Text.pdf