The ordinance approves and authorizes the execution of Amendment 4 to the Economic Development Agreement between the City of Jacksonville and Uptown Signature Development, Inc. The amendment allows the company to submit an affidavit instead of a job report to substantiate the number of new jobs created. The amendment also grants oversight to the City’s Office of Economic Development (OED) for the project.
This amendment provides flexibility for Uptown Signature Development in their job reporting process, which helps ensure that the project continues without bureaucratic delays while maintaining accountability for job creation.