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06:10 PM EST Share The Vestcor Companies Chairman John Rood said the Curry administration plans to implement the panel’s recommendations within two years.
A working group of Downtown CEOs and business leaders formed by Mayor Lenny Curry met Feb. 23 to draft recommendations to the city to improve the urban core.
The group’s lead member, The Vestcor Companies Chairman John Rood, said the panel will meet at least twice more by the end of March to meet Curry’s charge of recommending Downtown improvements that can be funded and implemented in the next two years.
“I care about it because I think if you don’t have an urban core you’re going to lose our young people,” Rood said in an interview after the meeting.
Managing Director and CEO, JEA
Jay Stowe, the new CEO of Jacksonville’s municipal water and electric utility since Nov. 30, inherited an organization cooperating in a federal grand jury probe and preparing a five-year, $2.5 billion capital investment plan.
His hiring ended a 1½-year period that saw an attempt to sell JEA to a private company, resulting in U.S. Department of Justice and City Council investigations and the firing of former CEO Aaron Zahn and his senior leadership team.
Stowe plans to repair trust within JEA while moving on plans to invest $1.6 million to modernize its its water and wastewater system.