Council committees split over loans for two Downtown projects

One Jacksonville City Council committee recommended approval and another voted the opposite on a combined $3.53 million in loans for two Downtown properties set to be converted into a restaurant or retail space and apartments.

The Council Finance Committee voted 5-1 in favor of the two proposed loans for the former Mag’s Cafe property at 231 N. Laura St. and for the adjacent property at 38 Monroe St.

The Neighborhoods, Community Services, Public Health and Safety Committee voted 4-3 not to recommend the loans…

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