If you were still wondering if Jacksonville Jaguars owner Shad Khan is really asking for public funding for “major” stadium renovations at the same time as he’s demanding $200 million in subsidies for a new development in his stadium parking lot, we now have confirmation that yes, he really is:
[Jacksonville city council finance committee chair Matt] Carlucci said a vote on Lot J should only happen if the development is bundled with stadium improvements and an extension of the Jags’ lease at TIAA Bank Field, set to expire in 2030. He said if the Jags were to leave Jacksonville in the future, the city would still be on the hook for Lot J.
“The stadium, Lot J and a lease extension are all linked together, and if we don’t do that right, the taxpayers will never forgive us,” Carlucci said.
That’s an excellent point, in that giving Khan $200 million without even asking for a lease extension seems, I believe the technical city-planning term is “nutso.” Though giving him $200 million for the Lot J development plus maybe an equal amount for stadium renovations at the same time would be equally nutso, unless he agrees to a lease extension until the 32nd century.
Carlucci is also asking for more time to evaluate the deal(s), as the Lot J plan is currently scheduled to be voted on by the Downtown Investment Authority tomorrow, discussed by the council on Thursday, and then voted on as early as next week. Jacksonville Mayor Lenny Curry, who designed the deal, is having none of that “due diligence” balderdash:
Council members saying they are for downtown & lot J project is nice to hear but we need a vote. Stop stalling. Get your questions answered & go on the record as a yes or a no. Enough w/ the speeches. Are you in? or out? Do you want to be an @NFL city? Hear my comments here. https://t.co/0wFmxlP8UG
— Lenny Curry (@lennycurry) November 25, 2020
Do you want to take your time to think about devoting hundreds of millions of public dollars to a private stadium development project, or do you want to be an NFL city? Don’t think too long, there are plenty of other cities who would love to … what’s that, which cities? I said to stop stalling!