ORD Making Certain Findings, & Auth the Mayor, or Her Desig, to Execute: (1) an Economic Dev Agrmt Btwn the City & Tracy Justina Ricker TC LLC; & (2) Loan Docs & Related Docs as Described in the Agrmt, to Support the Dev by Company of Approx 108 Affordable Housing Units in a Scattered Site Multifamily Residential Housing Facility in the City; Auth a Dev Loan in the Amt of $3,800,000 With a Term of 20 Yrs in Connection With the Project, to Be Approp by Subsequent Legislation; Desig the Chief of the Housing & Community Dev Div as Contract Monitor for the Agrmt & Related Agrmts; Prov for City Oversight of the Proj by the Neighborhoods Dept, Housing & Community Dev Div; Auth the Execution of All Docs Relating to the Above Agrmts & Transactions, & Auth Technical Changes to the Docs; Prov a Deadline for the Company to Execute the Agrmt; Waiver of That Portion of the Public Investment Policy Adopted by Ord 2024-286-E, as Amended, to Auth a Dev Loan That is Not Currently Auth by the PIP (Staffopoulos) (Introduced by CMs Amaro & Clark-Murray) 5/12/26 CO Introduced: NCSPHS, F 5/18/26 NCSPHS Read 2nd & Rerefer 5/19/26 F Read 2nd & Rerefer 5/26/26 CO PH Read 2nd & Rerefer Public Hearing Pursuant to Ch 166, F.S. & C.R. 3.601 - 5/26/26 — 2026-386 BIE — City Council (2026-05-26)

Jacksonville city, Duval County, Florida

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