CONTRACTPENDING

Authorization for $4.97M in Loans to Creekside at Timuquana

City of Jacksonville
Disclosed value
Not to exceed $4,969,900 (three separate DPRP loans aggregate value)
From minutes
Document date
Jan 25, 2024
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

The City Council authorized execution of a pending redevelopment agreement and up to $4,969,900 in loans to Creekside at Timuquana LLC for renovation of a historic downtown building. Authorization pending final execution.

Who holds it

Creekside at Timuquana LLC holds this financial services contract with City of Jacksonville.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Jacksonville contract.

Contract details

Contract type
Financial Services
Amount
Not to exceed $4,969,900 (three separate DPRP loans aggregate value)
Document date
January 25, 2024
Renews
Free account
Source document
City of Jacksonville Council Meeting Minutes January 2024 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by City of Jacksonville?

Creekside at Timuquana LLC was awarded this financial services contract by City of Jacksonville, as recorded on January 25, 2024. The contract value is Not to exceed $4,969,900 (three separate DPRP loans aggregate value).

How much is the Creekside at Timuquana LLC contract with City of Jacksonville worth?

The Creekside at Timuquana LLC contract with City of Jacksonville is valued at Not to exceed $4,969,900 (three separate DPRP loans aggregate value), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Jacksonville Council Meeting Minutes January 2024 (Minutes), dated January 25, 2024 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Creekside at Timuquana LLC hold?

Creekside at Timuquana LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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