File #: 2023-0239-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 4/11/2023 In control: City Council
On agenda: 5/9/2023 Final action: 5/9/2023
Effective date: 5/10/2023    
Title: ORD Auth the Mayor, or His Designee, to Execute an Economic Dev Agrmt btwn the City & Avion MF Partners, LLC, to Support the Dev by Developer of an ±320-Unit Apartment Community Generally on Duval Rd, N of I-295 & W of Biscayne Blvd, in the City; Auth a 75%, 15-Yr REV Grant in the Max Amt Not to Exceed $7,500,000 in Connection with the Proj; Designating the OED as Contract Monitor for the Agrmt; Prov for City Oversight of the Proj by the OED; Auth the Execution of All Docs Relating to the Above Agrmts & Transactions, & Auth Technical Changes to the Docs; Prov a Deadline for the Developer to Execute the Agrmt After it is Delivered to the Developer; Waiver of those Portions of the Public Investment Policy Adopted by Ord 2022-372-E, as Amended, Which Would Require that in Order for a Proj to Receive a REV Grant the Developer Must be in a Targeted Industry & Create 10 New FT Jobs at Greater than or Equal to 100% of the State of FL Average Wage (Sawyer) (Req of Mayor) 4...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE, RULES
Legislation Documents: 1. 2023-239 Original Bill, 2. 2023-239 LFS, 3. 2023-239 Bill Summary, 4. 2023-239 Rules Amd
Final documents: 1. 2023-239-E, 2. 2023-239 Exhibit 1, 3. 2023-239 On File