File #: 2023-0089-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 2/14/2023 In control: City Council
On agenda: 3/14/2023 Final action: 3/14/2023
Effective date: 3/15/2023    
Title: ORD Apv & Auth the Mayor or His Designee & Corp Sec to Execute a Redev Agrmt, Purchase & Sale Agrmt & Related Docs as Referenced Therein (Collectively, the “Agreements”) Btwn the City & A.R. Polar Jacksonville, LLC, & to Execute All Deeds & Closing Docs Relating Thereto, & Otherwise Take All Necessary Action to Effectuate the Purposes of the Agrmts, For the Purchase by the City of an ±1.6 Acre Parcel of Company-Owned Real Propty (Company Parcel), at its Appraised Value on the Northbank of the St. Johns River (a Portion of R.E. # 130574-0000), Upon Which the City Intends to Construct a Marine Fire Station & Fire Vessel Mooring Facility, in Exchange For 2 Options for the Company to Acquire Up to 4.75 Acres of City-Owned Real Propty, Currently Used as a Retention Pond (a Portion of R.E. # 130574-0150, the “City Parcel”); the 1st Option is to Acquire 58, 750 Sq Ft of the City Parcel, Equal to the Fair Market Value of the Company Parcel, in Exchange for ...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, JWC, NCSPHS
Legislation Documents: 1. 2023-89 Original Bill, 2. 2023-89 LFS, 3. 2023-89 On File, 4. 2023-89 Bill Summary, 5. 2023-89 NCSPHS Amd
Final documents: 1. 2023-89-E, 2. 2023-89 Exhibit 1