File #: 2022-0874-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 11/22/2022 In control: City Council
On agenda: 1/10/2023 Final action: 1/10/2023
Effective date: 1/11/2023    
Title: ORD Auth the Borrowing & Approp From the City’s Commercial Paper Facility in the Up To Max Amt of $17,500,000, To Prov: (1) A $12,500,000, 10-Yr Term, 3.5% Interest Loan; & (2) A $5,000,000 Revolving Line of Credit; Prov for Funds Carryover to FY 25-26; Auth a $10,000,000 Grant, Subj to Future Appropriation, in Each Case to the JAXPORT to Support the Raising of the Fulton Cut Crossing Electric Transmission Lines, to Increase the Number & Capacity of Vessels Able to call on JAXPORT Ports; Amend 2022-504-E, the FY 22-23 Budget Ord, to Replace the 2nd Revised Schedule B4 in Order to Auth the Borrowing &/or the Issuance of Debt For the “Raising of Powerlines” & “JPA Obligation – Fulton Cut Powerlines” Projs; Auth the City to Enter Into an Agrmt With the JAXPORT to Prov the Loan & Grant as Further Detailed Therein; Invoking Exception of 126.107 (G) (Exemptions), Ch 126 (Procurement Code), Ord Code, to Direct Contract With JAXPORT; Requesting That the Finance & A...
Introducer and/or Co-Sponsor(s): Mayor, Ron Salem
Assigned Committees: FINANCE, JWC, NCSPHS, RULES, TEU
Legislation Documents: 1. 2022-874 Original Bill, 2. 2022-874 LFS, 3. 2022-874 Bill Summary
Final documents: 1. 2022-874-E, 2. 2022-874 Exhibit 1, 3. 2022-0874 Exhibit 2, 4. 2022-874 Exhibit 3