Newspaper article The Florida Times Union

City Agency OKs Incentive to Subdivision Developers

Newspaper article The Florida Times Union

City Agency OKs Incentive to Subdivision Developers

Article excerpt

JACKSONVILLE BEACH -- The Community Redevelopment Agency approved a set of bids Monday that contains up to $1 million to attract developers for a subdivision on property that's marred by a drainage ditch.

The requests for proposals will help the city find the most qualified developer to build the 18.7-acre subdivision off Jacksonville Drive, City Planning Director Steven Lindorff told the agency members.

But the $1 million incentive doesn't sit well with some city officials. City Councilman Art Graham recently voted against borrowing the money and urged the city to look for another developer who would take on the project without the financial aid.

The City Council will be asked to approve the development agreement for the 69-lot subdivision known as Summer Place.

Ray Fisher, chairman of the Redevelopment Agency, said the city must find a way to fix the ditch even if the land is never developed.

The ditch has been transporting storm water but is filling up with silt and slowing drainage in the south end of the city, he said. …

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