OTHERAMENDED

Shipyards Redevelopment Agreement With Trustee LLC Amended

The Finance Committee amended and approved Ordinance 2026-0585, revising the Shipyards redevelopment agreement with Shipyards Trustee Jacksonville, LLC to clarify default provisions and timelines for hotel construction completion. The changes specify that defaults under related cost disbursement agreements do not trigger an RDA default and set a hotel completion deadline tied to foreclosure events or December 31, 2028.

Status
AMENDED
Document date
August 19, 2026
Contract type
OTHER
Vendor
Shipyards Trustee Jacksonville Llc
Agency
City of Jacksonville · FL

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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 type
OTHER
Contract term
Hotel substantial completion deadline: earlier of 18 months after lender foreclosure or December 31, 2028
Renewal date
2028-12-31
Renewal
First amendment to the Second Amended and Restated Redevelopment Agreement, including updated hotel substantial completion deadlines and clarified default treatment; underlying agreement remains in force.
Document type
Minutes
Source document
City of Jacksonville Finance Committee Meeting Minutes 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Jacksonville?

Shipyards Trustee Jacksonville Llc was awarded this government contract by City of Jacksonville, as recorded on August 19, 2026.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Jacksonville Finance Committee Meeting Minutes 2026-08-19 (Minutes), dated August 19, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shipyards Trustee Jacksonville Llc hold?

Shipyards Trustee Jacksonville 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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