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File #: 2021-0704-A    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/28/2021 In control: City Council
On agenda: 10/12/2021 Final action: 10/12/2021
Title: 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; Wai...
Sponsors: Mayor
Assigned Committees: FINANCE, RULES
Attachments: 1. 2021-704 Original Bill.pdf, 2. 2021-704 Fact Sheet.pdf, 3. 2021-704 Exhibit 2.pdf, 4. 2021-704 Exhibit 1.pdf, 5. 2021-704 ON FILE.pdf, 6. 2021-704 BT SHEET.pdf, 7. 2021-704 Bill Summary.pdf, 8. 2021-704_Finance_Amd.pdf, 9. 2021-704-A