FINANCIAL_SERVICESAMENDED

City Modifies Forgivable Loan Terms for JU Law School

The Jacksonville City Council authorized execution of a third amendment to the funding agreement with Jacksonville University to modify the preconditions for forgiveness of two $1.25 million loans supporting the JU College of Law. The change adjusts how the university can achieve loan forgiveness while maintaining the City's financial commitment to the law school project.

Document date · June 23, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
2 forgivable loans of $1,250,000 each
Contract type
FINANCIAL_SERVICES
Renewal
Third amendment to existing City Funding Agreement; modifies conditions for loan forgiveness of two existing $1,250,000 forgivable loans.
Document type
Agenda
Source document
City of Jacksonville City Council Agenda 2026-06-23

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Jacksonville University was awarded this financial services contract by City of Jacksonville, as recorded on June 23, 2026. The contract value is 2 forgivable loans of $1,250,000 each.

How much is the Jacksonville University contract with City of Jacksonville worth?

The Jacksonville University contract with City of Jacksonville is valued at 2 forgivable loans of $1,250,000 each, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Jacksonville City Council Agenda 2026-06-23 (Agenda), dated June 23, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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