Jake Goldbold

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.