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File #: 2022-0316-E    Version: 1 Name:
Type: Ordinance Status: Passed
File Introduced: 4/26/2022 In control: City Council
On agenda: 5/24/2022 Final action: 5/24/2022
Title: ORD Making Certain Findings, & Auth the Mayor, or his Designee, to Execute an Economic Dev Agreemt (“Agreement”) btwn the COJ (“City”), & the Downtown Investment Auth. “DIA”, & Kelco Cl Park, LLC (“Developer”), to Support the Construction by Developer of a 6-Story, Select-Service, Extended Stay Hotel Under the HOME2SUITES Brand of Hilton Hotel Properties & Other Improvemts Located at 600 Park St & 616 Park St in the Brooklyn Dist of Downtown Jax (“Project”); Auth a Downtown Economic Development Grant in the Amount of $2,385,220 to the Developer in Connection with the Proj, to be Approp by Subsequent Legislation; Desig the DIA as Contract Monitor for the Agreemt; Providing for City Oversight of the Proj by the DIA; Auth the Execution of all Docs relating to the Agreemt & Transactions, & Auth Technical Changes to the Docs. (Dillard) (Introduced by CP Newby at Req of Mayor) 4/26/22 CO Introduced: NCSPHS, F 5/2/22 NCSPHS Read 2nd & Rerefer 5/3/22 F Read 2nd ...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE, NCSPHS
Attachments: 1. 2022-316 Original Bill, 2. 2022-316 Exhibit 1, 3. 2022-316 LFS, 4. 2022-316 Bill Summary.pdf, 5. 2022-316_NCSPHS_Amd, 6. 2022-316-E