ORD Approp Investment Pool Earnings within the Downtown Economic Dev Fund to a Gateway N4 Contingency Acct within the Downtown Economic Dev Fund in the Amt of $1,100,000; Prov the Purpose for the Approp(Lavie) (Introduced by CM J. Carlucci) (Co-Sponsor CM Lahnen)

Finance Committee · 2026-06-02 · agenda_item

The City of Jacksonville Finance Committee has approved an ordinance to transfer $1,100,000 from the Downtown Economic Development Fund's Investment Pool Earnings to a Gateway N4 Contingency Account. This action, introduced by Council Member J. Carlucci and co-sponsored by Council Member Lahnen, was approved by the committee on June 2, 2026, and by the full council on June 9, 2026. While this is an administrative fund transfer and not a construction project, it signals a planned future allocation of funds for downtown economic development initiatives. This early stage means that businesses involved in professional services, particularly those related to economic development planning and financial consulting, may find opportunities as the specific uses for these funds are determined. Engaging now allows for potential involvement in the planning and implementation phases as the Gateway N4 project moves forward.

amount

1,100,000 $