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Inactive

Issue Description

The bill authorizes the use of up to $47 million of revenue bonds issued by the Capital Trust Agency, Inc. of Gulf Breeze, FL within the City of Jacksonville for the construction of a senior assisted living and memory care facility to be known as “Inspired Living at Jacksonville” on Burnt Mill Road near Gate Parkway on the Southside. The bill declares that the revenue bonds are not a liability of the City and the City does not endorse or recommend the borrower or the creditworthiness of the project.

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