Culinary Institute of America SE Campus incentive package

Recommended

NCSPHS Read 2nd & Rerefer (5/18); introduced by CM Carrico; 2/3 vote required.

Debated

The ordinance expresses Council support for a Culinary Institute of America Southeast Campus in downtown Jacksonville — an approximately 50,000 sq ft facility — and authorizes negotiation of a final term sheet and economic development incentive package not to exceed $35,000,000, subject to future Council approval; it passed 7-1 with Diamond opposed. CM Lahnen asked about the funding source, which is not identified in the legislation. CP Carrico explained that some of the funds would be for construction and some for operations, and noted the incentive package when finalized would have to come back to council for approval. Aundra Wallace of JAXUSA Partnership described 18 months of coordinated efforts to bring the project together; CP Carrico noted the CIA Board of Directors will vote on the project in June. Thirteen members of the public offered comment on the item.

Decided

PASSED. Emergency/Amend/Approve — authorizes negotiation of incentive package up to $35M, subject to future Council approval.