Daily Record Financial News &
Wednesday, April 25, 2018
Vol. 105, No. 113 • One Section
‘He did it all on his own’
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CVS plans E. Arlington store next to Wawa Pharmacy expected to open by July 2019. CVS Pharmacy said it is adding a new store in East Arlington next to the Wawa convenience store under development at southwest McCormick and Monument roads. “We are targeting to open this location by July of next year,” said Stephanie Cunha, manager of public relations for CVS Health. CVS leases space about a mile west at 1531 Monument Road in the Monument Pointe Plaza. Cunha said she had no further details, including whether that pharmacy, about 10,600 square feet, will close when the new store opens. CVS is based in Woonsocket, Rhode Island. The store is across Mathis
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Two groups sue JEA over solar policy Utility cut how much it pays when panels add excess power to the grid. By David Cawton Staff Writer
Photo by Karen Brune Mathis
From left, JAX Chamber President Daniel Davis, Champion Brands CEO Earl Benton, General Manager Jacob Benton and state Sen. Aaron Bean after a ceremonial groundbreaking Tuesday for Champion Brands headquarters offices.
Champion Brands CEO Earl Benton praised by lawmakers as company breaks ground on new HQ in South Jacksonville without tax incentives. By Karen Brune Mathis Editor City and state officials did nothing for Earl Benton, CEO of Champion Brands Inc., when he decided to build a new headquarters. They said so Tuesday in public remarks to about 90 people at the project site. “We didn’t do anything,” said District 4 state Sen. Aaron Bean, a Republican representing Nassau County and part of Duval County.
Public
“It’s pure capitalism.” City Council District 6 representative Matt Schellenberg said he lives across the street from the project. “It’s great that not only did the state not do anything for him, but the City Council didn’t do anything for Earl Benton,” he said. “He did it all on his own.” At-Large council member Tommy Hazouri called the project “another diamond in Jacksonville’s crown and especially the Mandarin area” that pays
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$100,000 a year in property taxes and supports city activities. The Duval County Tax Collector shows that Champion Brands paid almost $97,400 in property taxes for 2017 on its warehouse site, including more than $61,200 for the city and almost $34,700 for the public schools. Benton presided over the groundbreaking for his estimated $7 millionplus headquarters project in South JackChampion
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Two groups are suing JEA over the utility’s Distributed Energy Policy that replaced a nearly decade-old net metering program in April. Community Power Network Corp., also known as Solar United Neighbors, and the League of Women Voters of Florida Inc. filed the legal challenge Thursday in the 4th Judicial Circuit claiming the new JEA policy violates state law, “by short-changing customers who want to use rooftop solar energy.” According to the eight-page complaint, the groups are seeking “a declaration from the Court that JEA’s Energy Policy violates Florida law and an injunction directing JEA to provide a net metering program.” JEA Spokeswoman Gerri Boyce JEA
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