Bill Type and Number: Ordinance 2007-473

 

Sponsor: LUZ Committee

 

Date of Introduction: April 24, 2007

 

Committee(s) of Reference: LUZ

 

Date of Analysis: April 27, 2007

 

Type of Action: Approval of development agreement

 

Bill Summary: The bill approves a development agreement between the City and Jacksonville International Airport Road Associates, LP for the concurrency rights to construct a hotel and restaurant on 6.92 acres at the corner of Duval Road and Ranch Road, opposite Tradeport Drive South in Council District 11.

 

NOTE: the specific capacity being reserved was not on file with the Legislative Services Division when this bill summary was produced.

 

Background Information: The proposed development is a 127-room, 150,000 sq. ft. hotel and a 5, 000 sq. ft. restaurant.

 

Policy Impact Area: Concurrency capacity reservation

 

Fiscal Impact: Undetermined

 

Analyst: Clements