City of Jacksonville Agenda - Marked 2026-06-23
City Amends Loan Forgiveness Terms for JU College of Law
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Description
The Jacksonville City Council approved legislation authorizing a Third Amendment to the City Funding Agreement with Jacksonville University to modify the conditions for forgiving two $1,250,000 loans supporting the JU College of Law. The amendment adjusts preconditions for loan forgiveness tied to the law school's establishment and operations.
Contract Details
Contract Amount
2 forgivable loans of $1,250,000 each
Vendor
JACKSONVILLE UNIVERSITY
Agency
Duval County, FL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Renewal Info
Third amendment modifies preconditions necessary for forgiveness of two existing $1,250,000 forgivable loans.
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City of Jacksonville Agenda - Marked 2026-06-23
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City of Jacksonville Agenda - Marked 2026-06-23
City of Jacksonville Agenda - Marked 2026-06-23
City of Jacksonville Agenda - Marked 2026-06-23
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