File #: 2020-0377-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 6/23/2020 In control: City Council
On agenda: 7/28/2020 Final action: 7/28/2020
Effective date:    
Title: ORD Making Certain Findings & Authorizing: (1) Borrowing from City’s Commercial Paper Facility in the Up To, Max Amt of $40,000,000; & (2) The Appropriation of $35,000,000 of Net Proj Funds as Authorized by Ord 2020-261-E & as Amended Hereby, to Provide Funding for the St. Johns River Harbor Deepening Proj; Amending 2019-504-E, the FY 2019-2020 Budget Ord, to Replace Schedule B4 in Order to Allow for “Jaxport Dredging” & “JPA Obligation – Jaxport Dredging”; Amending Supplemental Bond Ord 2020-261-E (The “Supplemental Bond Ordinance”) to Increase Net Proj Funds from $120,000,000 to $155,000,000 & Adding the St. Johns River Harbor Deepening Proj to Exhibit 1 of the Supplemental Bond Ord; Authorizing the City to Enter into Agreemnt with Jaxport to Provide City Funding for the Dredging Proj in the Form of a $40,000,000 Loan & a $35,000,000 Grant; Invoking the Exception of 126.107(G) (Exemptions), Chapt 126 (Procurement Code), Ord Code, to Direct Contract with Jaxpor...
Introducer and/or Co-Sponsor(s): Mayor, Aaron Bowman, Ron Salem, LeAnna Cumber, Terrance Freeman, Reggie Gaffney, Sam Newby, Randy White, Danny Becton, Garrett Dennis, Ju'Coby Pittman
Assigned Committees: FINANCE, JWC, NCSPHS, RULES, TEU
Legislation Documents: 1. 2020-377 Original Bill.pdf, 2. 2020-377 On_File.pdf, 3. 2020-377.pdf, 4. 2020-377 Exhibit_2.pdf, 5. 2020-377 Exhibit_1.pdf, 6. 2020-377 Bill Summary, 7. 2020-377 Revised Exhibit 1.pdf, 8. 2020-377 Revised Exhibit 2.pdf, 9. 2020-377 Revised Exhibit 3.pdf, 10. 2020-377_NCSPHS_Amd.pdf, 11. 2020-377-E.pdf