JEA assessment to the City; Jacksonville Port Authority bonds.
Jacksonville Ordinance Code § 106.218
in effectSec. 106.218. - JEA assessment to the City; Jacksonville Port Authority bonds.
Commencing with the fiscal year commencing October 1, 1993, and continuing in each fiscal year thereafter the Council shall appropriate an amount calculated by multiplying one quarter of one mill by the gross kilowatt-hours delivered (as defined by Section 21.07 of the City Charter) by the JEA during the 12-month period ending on the immediately preceding April 30. This appropriation shall come from the assessment made by the JEA to the City. The appropriation to the Jacksonville Port Authority shall be for the purpose of land acquisition and development of any marine terminal capital construction or improvement project. This appropriation may be used for the issuance of bonds, notes and other obligations, and for the refunding thereof, and for funding or providing for reserves, and for payment of principal and interest, costs of issuance, and all other financing or project expenditures as deemed necessary, desirable or incidental (herein referred to as "bonds and other costs").
(Ord. 94-112-158, § 1; Ord. 95-954-536, § 1; Ord. 98-254-E, § 2)
Source: City of Jacksonville, Ordinance Code and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/fl/jacksonville/codes/code_of_ordinances?nodeId=TITVADPE_CH106BUACCO_PT2BU_SPABUBUORMILE_S106.218JEASJAPOAUBOFetched: 10/27/2026