AMENDMENT

Finance Committee · 2026-05-19 · agenda_item

The City of Jacksonville Finance Committee is considering an amendment related to the Culinary Institute of America's Southeast Campus. This amendment would correct language, section numbering, and scrivener's errors in a prior action. The city council supports establishing this campus in downtown Jacksonville and is authorized to negotiate a term sheet and economic development incentive package up to $35,000,000. This is planned and under review, with a goal to express support before a June board meeting. The project's next steps involve negotiation and future council approval for funding. This early stage presents an opportunity for local businesses in areas such as legal services, business consulting, and financial advisory to engage with the city and the Culinary Institute as negotiations progress. Reaching out now, before final agreements and funding are set, allows businesses to understand the project's scope and potential needs.

economic development incentive package

35,000,000 $