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Committee approves land sale substitute after developer agrees to reimburse CDBG shortfall
Jacksonville City Council Rules Committee · January 10, 2026
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Summary
The committee approved a substitute for the land-sale item (20250876) after staff reported the developer agreed to cover a CDBG funding shortfall; an amendment increased the purchase price by $496,537.10 so the city is repaid, producing a new purchase price of $3,044,050.70.
Committee members approved the substitute for the land sale (item 20250876) after staff reported the developer agreed to cover a CDBG funding shortfall and a committee amendment increased the purchase price to reimburse the city.
Staff summarized the substitute: revised parcel size (~2.49…
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