JAXPORT Receives $17.5M City Funding Approval
- Disclosed value
- $17,500,000
- From agenda
- Document date
- Dec 14, 2022
- Term
- 10-Yr Term
The 30-second brief
The City is authorizing borrowing and appropriating up to $17,500,000 from its Commercial Paper Facility for JAXPORT. This includes a $12,500,000 loan and a $5,000,000 revolving line of credit, along with a $10,000,000 grant, to support raising electric transmission lines and increase vessel capacity.
JAXPORT holds this loan & grant contract with City of Jacksonville.
Term as filed: 10-Yr Term.
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Contract details
- Contract type
- Loan & Grant
- Amount
- $17,500,000
- Document date
- December 14, 2022
- Term
- 10-Yr Term
- Vendor
- JAXPORT
- Agency
- City of Jacksonville
- Source document
- jacksonville_waterways_commission_preliminary_agen.pdf (Agenda)
JAXPORT's other public contracts
More City of Jacksonville contracts
Questions about this contract
Who was awarded the loan & grant contract by City of Jacksonville?
JAXPORT was awarded this loan & grant contract by City of Jacksonville, as recorded on December 14, 2022. The contract value is $17,500,000.
How much is the JAXPORT contract with City of Jacksonville worth?
The JAXPORT contract with City of Jacksonville is valued at $17,500,000, covering loan & grant work.
What type of contract is this?
This is a Loan & Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in jacksonville_waterways_commission_preliminary_agen.pdf (Agenda), dated December 14, 2022 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does JAXPORT hold?
JAXPORT 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.