“Governor Scott understands how important it is that we streamline government and partner with the business community to grow the economy and create jobs,” said Mayor Brown. “I appreciate his support and the leadership shown by Representative Lake Ray, Senator John Thrasher, and the entire Duval delegation.”
On March 27, Mayor Brown unveiled his plan to alter the JEDC as part of legislation aimed at further reforming the city’s economic development structure and policy to help create jobs and revitalize Downtown.
Mayor Brown’s legislation, which is currently before the City Council, would take the following steps to boost job creation and generate economic activity:
- Accelerate the process of approving job creation and other economic development incentives by reducing the number of City Council meetings required for approval.
- Update and modernize the City of Jacksonville Economic Development Investment Policy.
- Empower the Office of Economic Development, which will be led by an Economic Development Officer who reports directly to the mayor, to advance the city’s economic goals.
- Transform the Jacksonville Economic Development Commission (JEDC) into the Downtown Investment Authority (DIA), which will focus on revitalizing Downtown. The DIA will have a nine (9) person board, with its members appointed by the mayor and approved by the council, and the authority to pursue Downtown economic development opportunities.
- Create an Economic Development Closing Fund subject to Council funding that gives the mayor the ability to authorize quickly-needed economic development incentives.