City of Jacksonville Awards Construction Contract to Tori Meadows Ltd (October 2026)
City of JacksonvilleCity · Jacksonville, FL- Disclosed value
- $2,800,000 development loan
- From minutes
- Approved
- Oct 20, 2026
The 30-second brief
The Finance Committee approved a $2.8 million development loan to Tori Meadows, LTD. for construction of an approximately 180-unit affordable apartment community. The loan carries a 20-year term at 1% interest, with interest-only payments and a balloon payment at maturity.
Tori Meadows Ltd holds this construction contract with City of Jacksonville.
Term as filed: 20 years; 1% annual interest, interest-only payments through maturity, and balloon principal payment at maturity.
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Contract details
- Contract type
- Construction
- Amount
- $2,800,000 development loan
- Document date
- October 20, 2026
- Term
- 20 years; 1% annual interest, interest-only payments through maturity, and balloon principal payment at maturity
- Vendor
- Tori Meadows Ltd
- Agency
- City of Jacksonville
- Source document
- City of Jacksonville Minutes Finance Committee Meeting Minutes 2026-10-20 (Minutes)
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Questions about this contract
Who was awarded the construction contract by City of Jacksonville?
Tori Meadows Ltd was awarded this construction contract by City of Jacksonville, as recorded on October 20, 2026. The contract value is $2,800,000 development loan.
How much is the Tori Meadows Ltd contract with City of Jacksonville worth?
The Tori Meadows Ltd contract with City of Jacksonville is valued at $2,800,000 development loan, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Jacksonville Minutes Finance Committee Meeting Minutes 2026-10-20 (Minutes), dated October 20, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tori Meadows Ltd hold?
Tori Meadows Ltd 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.