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Title:
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RESO Auth Economic Dev Agreemt btwn the City of Jax (“City”) & Fincanitieri Marine (“Company”), to Support the Creation of the Company’s Operations in Jax, FL (“The Project”);Recommending that the Company be Apvd by the State of Fl’s Dept of Economic Opportunity as a Qualified Target Industry (“QTI”) Business with a High Impact Sector Bonus, Pursuant to Sec.’s 288.106-108, F.S; Evidencing a Commitment of City Support in an Amount not to Exceed $300,000 as the Local Financial Support under the QTI Tax Refund Program and Payable Over Multiple Yrs per Guidelines set by the State Dept of Economic Opportunity, with a State Match of $ 1,200,000, for a total City & State QTI Amount of $1,500,000 for 300 jobs; Apv & Auth Execution of Documents by the Mayor or his Designee & Corp Secretary; Auth Apv of Technical Amendmnts by the Executive Director of the OED; Oversight by OED; Timeline for Execution of Agreemnt by the Company; Affirm the projects Compliance with the Public Investment Policy Ado...
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