CONTRACTPENDING

JAXPORT Receives $17.5M City Funding Approval

City of Jacksonville logoCity of Jacksonville
Disclosed value
$17,500,000
From agenda
Document date
Dec 14, 2022
Term
10-Yr Term

The 30-second brief

What it covers

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.

Who holds it

JAXPORT holds this loan & grant contract with City of Jacksonville.

What happens next

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
Source document
jacksonville_waterways_commission_preliminary_agen.pdf (Agenda)

JAXPORT's other public contracts

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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.

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