Jacksonville Daily Record by Mike Mendenhall
October 28, 2019
City Council member Michael Boylan said Monday that the first of 14 fact-finding workshops in the Council’s independent inquiry into the possible sale of JEA will be Nov. 6
During a noticed meeting with City Council President Scott Wilson on Oct. 8, Boylan said he would form a special committee to hold a series of “fact-finding hearings” on the ramifications of privatizing the city-owned utility.
The schedule shows meetings twice per month through June 8.
Boylan said the workshops will exam JEA’s year-long strategic planning process and outcomes leading to the release of its invitation to negotiate Aug. 2. Sixteen companies responded to the utility’s solicitation, and JEA negotiators are now considering bids from nine to buy some or all of the pubic assets.
JEA’s senior management team says selling to a private company could be the best option to solve a projected decline in falling energy sales and revenue.
