Haverty-Godbold Building

Kevin Meerschaert

The Jacksonville City Council Finance Committee voted unanimously on Tuesday to have the city purchase the Haverty's Building, now known as the Jake Godbold Building, from the Police and Fire Pension Fund (PFPF).

The city gave the building to the Fund in 2006 after renovating it to reduce the city's pension obligation and forgive debt owed.

As part of the deal, the city leased the building for city office space. It currently houses the Public Defender's office.

Kevin Meerschaert

Jacksonville City Council Vice-President Bill Gulliford says the city should dip into into the city’s banking fund to buy the Haverty-Godbold Building.

The building at the corner of Laura Street and Duval Street is owned by the Police and Fire Pension Board. The city rents the building to house the Public Defenders office.

The city can buy the property for $14 million in May - but if it doesn’t, it doesn't have another chance to purchase until 2017, and the cost would increase by about $1.5 million.