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File #: 2021-0495-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File created: 7/27/2021 In control: City Council
On agenda: 8/24/2021 Final action: 8/24/2021
Title: ORD Making Certain Findings & Auth the Mayor, or his Designee, & Corp Secretary to Execute & Deliver: (1) Amendmnt Number 15 to the Lease Among the City of Jax, & Jax Jaguars, LLC (“JJL”) (“Amendmnt 15”) which Amendmnt 15 provides for: (1) the Design, Construction, Ownership, Use, Mgmt, Operations, Costs & Financing of a Sports Performance Center (the “Facility”); and (2) Amends & Restates the Lease Agreemnt btwn the City & JJL for the Use, Operation & Maintenance of the Covered Flex Field; Auth Approval of Technical Amendmnts by the Mayor or his Designee; Auth the Borrowing & Approp of $60,000,000.00 in Funding from the City’s Commercial Paper Facility and/or Issue Fixed Rate Debt in order to Provide Funding for the City’s Portion of the Project; Waiving Provisions of Chapt. 126, (Procurement Code), Ord. Code, with Respect to the Project, & to Allow the City to Directly Purchase Certain items Specified in Amendmnt 15; Establishing requirements f...
Sponsors: Mayor
Assigned Committees: FINANCE, RULES
Attachments: 1. 2021-495 Original Bill, 2. 2021-495 On File, 3. 2021-495 Fact Sheet, 4. 2021-0495 Bill Summary, 5. 2021-495_Finance_Amd.pdf, 6. 2021-495-E.pdf