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File #: 2020-0094-A    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 2/11/2020 In control: City Council
On agenda: 2/25/2020 Final action: 2/25/2020
Title: RESO Auth Economic Dev Agreemt with “Goodrich Corporation” to Support Creation of Company’s Operations in Jax, FL; Recommend Apv by State of FL Dept of Economic Opportunity as QTI Business with High Impact Sector Bonus, Pursuant to Secs. 288.106-108, F.S.; Evidence City’s Local Financial Support of $108,000 under QTI Tax Refund Prog. Payable over Multiple Yrs Per Guidelines Set by State Dept of Economic Opportunity with State Match of $432,000 for Total of City & State QTI of $540,000 for 108 Jobs;Auth a Recapture Enhanced Value (Rev) Grant of $1,100,000;Apv & Auth Execution of docs. by Mayor or his Designee & Corp. Secretary;Auth Approval of Technical Amendmnts; Designate Oversight by OED; Timeline for Execution of Agreemt by Company; Affirm Proj’s Compliance with Public Investmnt Policy; Request 2-Reading Passage Pursuant to Council Rule 3.305. (Sawyer) (Req of Mayor) 2/11/20 CO Introduced: F 2/19/20 F Approve 7-0 2/25/20 CO Approved 19-0
Sponsors: Mayor
Assigned Committees: FINANCE
Attachments: 1. 2020-94 Exh 1.pdf, 2. 2020-94 Fact Sheet.pdf, 3. 2020-94 Original Bill.pdf, 4. 2020-94 Bill Summary.pdf, 5. 2020-94-A.pdf