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City announces initial term sheet with Jones South Development for Milton Marina, 120‑day due diligence begins on execution
City of Milton Council · March 10, 2026
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Summary
City Manager Ed Spears told council Jones South Development signed an initial term sheet for the Milton Marina; if council approves execution, a 120‑day due diligence period will begin and staff noted a completed phase‑1 survey that means no phase‑2 is required.
Milton — City staff announced that Jones South Development has signed an initial term sheet for a proposed Milton Marina project and said that, upon execution, a 120‑day due diligence period will begin.
City Manager Ed Spears said the initial term sheet was signed and…
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