Vestcor Companies to get $5M development loan
City of JacksonvilleCity · Jacksonville, FL- Disclosed value
- $5,000,000
- From agenda
- Document date
- Oct 25, 2022
- Term
- 17 years
The 30-second brief
The City Council is considering an economic development agreement with Vestcor Companies, Inc. for a $5,000,000 development loan with a term of 17 years to support the development of a 12-acre site at 8300 Merrill Rd.
Vestcor Companies holds this economic development agreement contract with City of Jacksonville. Its other public contracts on record include work for Duval County.
Term as filed: 17 years.
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Contract details
- Contract type
- Economic Development Agreement
- Amount
- $5,000,000
- Document date
- October 25, 2022
- Term
- 17 years
- Vendor
- Vestcor Companies
- Agency
- City of Jacksonville
- Source document
- city_council_meeting_agenda_october_25_2022.pdf (Agenda)
Vestcor Companies's other public contracts
More City of Jacksonville contracts
Questions about this contract
Who was awarded the economic development agreement contract by City of Jacksonville?
Vestcor Companies was awarded this economic development agreement contract by City of Jacksonville, as recorded on October 25, 2022. The contract value is $5,000,000.
How much is the Vestcor Companies contract with City of Jacksonville worth?
The Vestcor Companies contract with City of Jacksonville is valued at $5,000,000, covering economic development agreement work.
What type of contract is this?
This is a Economic Development Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city_council_meeting_agenda_october_25_2022.pdf (Agenda), dated October 25, 2022 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Vestcor Companies hold?
Vestcor Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Jacksonville currently buying?
Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.