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Council approves $9 million addition to Florida Theatre capital plan
Summary
Jacksonville council voted to add $9 million to a multi‑year capital improvement plan for the city‑owned Florida Theatre, funding to be spread across the next four years and conditioned by contract language to be added to the budget ordinance.
The Jacksonville City Council’s finance committee approved a motion Aug. 22 to add $9 million to the capital improvement plan (CIP) for the city‑owned Florida Theatre, bringing the building’s multi‑year allocation to $10 million total when combined with previously budgeted amounts. The committee voted by a raised‑hand voice vote after several members described the building as a city asset and said matching funds and recent reductions to overall proposed debt made the additional investment acceptable.
Why it…
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