Title:
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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 (Salem)
Public Hearing Pursuant to Chapt 16...
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