ORD Approp Investment Pool Earnings with the Downtown Economic Dev Fund to the Osprey River LLC N4 Proj & Forgivable Loans Accts in the Amt of $1,134,952.80; Prov the Purpose for the Approp (Lavie) (Req of DIA)

Finance Committee · 2026-09-15 · agenda_item

The City of Jacksonville Finance Committee is considering an ordinance to appropriate investment pool earnings totaling $1,134,952.80. These funds are designated for the Downtown Economic Development Fund, specifically for Osprey River LLC's N4 Project and forgivable loans. This item is currently pending review and has been introduced, with a public hearing scheduled for September 22, 2026. The appropriation will likely involve financial services and potentially consulting related to economic development projects. Businesses specializing in financial management, legal services for contract review, and economic development consulting may find opportunities to engage with the city or Osprey River LLC as this appropriation moves through the process. Early engagement could be beneficial as plans are finalized.

appropriation amount

1134952.80 $