Share to Facebook Share to Twitter Bookmark and Share
File #: 2020-0187-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File created: 3/10/2020 In control: City Council
On agenda: 6/23/2020 Final action: 6/23/2020
Title: ORD Auth Execution of (1) Redev Agreemt btwn the City of Jax & Springfield Lofts, LLC & (2) Loan Documents & Related Documents to Support Redev by Developer an approx. 2.12± Acre Site at 1341 Pearl St, 235 W 3rd St & 205 W 3rd St in City of Jax Auth Redev Completion Grant in Amount of $1,000,000 to Developer Upon Substantial Completion of Proj to be Approp by Subsequent Legislation; Auth Recapture Enhanced Value (REV) Grant in Amt of $1,000,000 for Duration not to Exceed 10 yrs; Auth Development Loan in Amount of $1,000,000 w/Term of 20 Yrs in Connection w/Project to be Approp by Subsequent Legislation; Designating OED as Contract Monitor for Agreemt & Related Agreemts; City Oversight of Project by Dept of Public Works & OED; Auth Execution of all Relating to Above Agreemts & Transactions & Auth Technical Changes to the Documents; Prov Deadline for Developer to Execute Agreemts After They are Delivered to Developer; Waiver of that Portion of Public Investment Policy Adopted by Ord 201...
Sponsors: Mayor
Assigned Committees: FINANCE, NCSPHS
Attachments: 1. 2020-187 Original Bill, 2. 2020-187 Bill Summary.pdf, 3. 2020-187_NCSPHS_Amd.pdf, 4. 2020-187-E.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
6/23/20201 City Council Amend/ApprovedPass Action details Meeting details Video Video
6/16/20201 Finance Committee Amend/ApprovePass Action details Meeting details Video Video
6/15/20201 Neighborhoods, Community Services, Public Health and Safety Committee Amend/ApprovePass Action details Meeting details Video Video
6/2/20201 Finance Committee Defer  Action details Meeting details Video Video
6/1/20201 Neighborhoods, Community Services, Public Health and Safety Committee Defer  Action details Meeting details Video Video
5/19/20201 Finance Committee Defer  Action details Meeting details Video Video
5/18/20201 Neighborhoods, Community Services, Public Health and Safety Committee Defer  Action details Meeting details Video Video
5/5/20201 Finance Committee Defer  Action details Meeting details Not available
5/4/20201 Neighborhoods, Community Services, Public Health and Safety Committee Defer  Action details Meeting details Video Video
4/21/20201 Finance Committee Defer  Action details Meeting details Video Video
4/20/20201 Neighborhoods, Community Services, Public Health and Safety Committee Defer  Action details Meeting details Video Video
4/14/20201 City Council PH Read 2nd & Rereferred  Action details Meeting details Video Video
4/7/20201 Finance Committee Read 2nd & Rerefer  Action details Meeting details Video Video
4/6/20201 Neighborhoods, Community Services, Public Health and Safety Committee Read 2nd & Rerefer  Action details Meeting details Video Video
3/10/20201 City Council Introduced to City Council and assigned  Action details Meeting details Video Video