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Mayor Alvin Brown announces multi-million dollar landmark commitments

President Bill Clinton delivered remarks at an economic summit hosted by Mayor Alvin Brown where business leaders made landmark commitments to public-private partnerships to accomplish the mayor’s goal of taking Jacksonville to the next level.

The economic summit on Friday, May 11, featured commitments from six companies in Jacksonville that will contribute resources to aid Mayor Brown’s priorities. The corporate commitments align with top policy initiatives of Mayor Brown to run the city government effectively and efficiently, partner successfully with the private sector, and make bold policy decisions for the best return on investment for taxpayers. The announcements took place at the Terry Theater of the Times-Union Center for the Performing Arts.

The commitments and business leaders joining Mayor Brown were:

Jacksonville Jaguars – Peter Racine, President, Jacksonville Jaguar Foundation. Owner Shahid Khan and the Jacksonville Jaguars have made a $1 million financial commitment along with leadership support to aid our military veterans in assimilating back into the community when they return from service.

Florida Blue – Pat Geraghty, President & CEO. Florida Blue has committed to invest $2 million in 2012 to improve the quality of life in Jacksonville through non-profit programs, and commit to invest at least $1 million annually for the next three years.

Wells Fargo – Scott Coble, Regional President for North Florida. Wells Fargo is committing to $1 million of support for neighborhood stabilization efforts, to include incentives to motivate homebuyers to purchase homes in Jacksonville neighborhoods.

CSX – Fred Eliasson, Executive Vice President & Chief Financial Officer. Michael Ward, chairman, president and chief executive officer, and CSX are committed to actively supporting programs tied to downtown development, job creation, education and veterans/military affairs today, and is committed to working with the mayor.

Terrell Hogan – Wayne Hogan, President. Wayne Hogan, president of the Terrell Hogan law firm, has committed to support the mayor’s priority on education and on parks and recreation with a $200,000 financial commitment to advance specific programs directed toward our community youth and young adults.

Farrah & Farrah – Attorneys Eddie Farah and Charlie Farah . Farah & Farah of Jacksonville have committed to support the mayor’s priorities with a $200,000 financial commitment to Downtown.


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