Council Amends JU College of Law Loan Agreement

The Jacksonville City Council approved an ordinance authorizing a third amendment to the funding agreement with JU to modify the preconditions for forgiveness of two $1,250,000 forgivable loans supporting the JU College of Law. The action adjusts loan forgiveness conditions but does not change the original loan amounts.

Scope & details

The full contract record, as filed.

Contract amount

2, $1,250,000 Forgivable Loans

Contract type

FINANCIAL_SERVICES

Renewal

Third amendment modifies preconditions to forgiveness of two existing $1,250,000 forgivable loans; original agreement and prior amendments remain in effect.

Document type

Minutes

Source document

City of Jacksonville Meeting Minutes 2026-06-23

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Northeast Florida Regional Council Personnel, Budget & Finance Policy Committee Agenda Packet 2026-09-03

ONGOING

Northeast Florida Regional Council, Florida$399,593Sep 1, 2026

City of Jacksonville Agenda - Marked 2026-05-26

AMENDED

City of Jacksonville, FloridaNot to exceed $283,549 (increase of $193,549)May 26, 2026

City of Jacksonville Agenda 2026-05-26

APPROVED

City of Jacksonville, FloridaNot to exceed $283,549May 26, 2026

City of Jacksonville City Council Meeting Minutes 2026-05-26

APPROVED

City of Jacksonville, FloridaNot to exceed $283,549May 26, 2026

City of Jacksonville Waterways Commission Agenda 2026-05-13

PENDING

City of Jacksonville, FloridaIncrease the Max Indebtedness by an additional $193,549 for a new total Max Indebtedness not to exceed $283,549May 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

JU was awarded this financial services contract by City of Jacksonville, as recorded on June 23, 2026. The contract value is 2, $1,250,000 Forgivable Loans.

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

The JU contract with City of Jacksonville is valued at 2, $1,250,000 Forgivable Loans, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

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

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