JACKSONVILLE, Fla. – Following weeks of review and making adjustments, Jacksonville’s City Council approved the so-called "Stadium of the Future" in Tuesday’s council meeting.
It’s a $1.4 billion stadium rebuild.
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The city’s portion will be a little more than half at $775 million.
Council members focused extensively on the Community Benefits Agreement, removing most of the $300 million until the council considers it as a separate vote next month.
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Incoming Council President Randy White crafted an amendment, along with the mayor’s office to keep $56 million for parks development in the stadium bill.
“I want everybody to know that I’m also very committed to making sure that we get the rest of that community benefits agreement across the finish line. When council comes back from their break in mid-July, we are absolutely committed to those issues of affordable housing, and homelessness, making sure that we create a benefit for the entire community and all,” Deegan said.
Most analysts believe the terms between Jacksonville’s NFL team and the Consolidated Government of Duval County are fair, and perhaps more favorable than other cities have recently negotiated.
Community members had the chance to ask questions and weigh in during “huddles” where the mayor, the lead negotiator, and the Jaguars team president appeared.
The stadium deal would still need a green light from NFL owners in October.
We want to hear from you. What do you think about the stadium deal being approved? How do you think the surrounding communities like the Eastside should benefit from the deal? Sound off below.