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Palm Coast City Council approved transferring a $1 million forgivable loan and a $1.5 million grant to Jacksonville University to help establish an education center in Palm Coast.
The Palm Coast Observer, a Jacksonville Daily Record sister publication, reported the approval was made March 2.
The university will build-out a 6,000-square-foot space in an existing building to create classrooms, labs and office space.
The grant and loan also will be used to provide for 20-30 staff members at an average annual salary of $67,000; technology resources; and marketing and recruitment support.
The Flagler County site will be the first campus outside Jacksonville in the institution’s 86-year history. ....

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