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RESO Making Certain Findings & Approp $ 300,000 from the NW OED Fund/Transfer from Fund Balance for the Purpose of Providing a $300,000 NW Jax Economic Development Fund Business Infrastructure Grant to Concept Development, Inc. (“Company”), in Connection with the Company’s Environmental Remediation of a Brownfield Site & Construction of an Approx 10,640 Retail Facility at 1040 E. 8th Street in NW Jax, FL (“Project”); Auth Loan Forgiveness of the Remaining $47,500 Balance of that Certain Brownfields Cleanup Revolving Loan Made by the City to Destined for a Change, Inc. in Connection with the Project Parcel; Apv & Auth the Execution of an Economic Development Agreement btwn the City of Jax & the Company to Support the Project; Apv & Auth the Execution of Docs by the Mayor, or his Designee, & Corp Secretary; Auth Approval of Technical Amendmnts by the Exec Director of the OED; Oversight by the OED; Providing a Deadline for the Company to Execute the Agreement; Waiver of the Public Invest...
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