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Monday's Daily Pulse
What you need to know about Florida today
› Mining crypto: Suarez plugs ‘MiamiCoin’ to support city services
Bitcoin is not the official currency of Miami — at least not yet. But late Thursday, Mayor Francis Suarez submitted a resolution authorizing the city to begin researching the possibility of accepting donations from a new cryptocurrency project that aims to support cities like Miami. The CityCoin initiative wants to raise funds for municipalities by generating demand for city-specific digital tokens.
› Archer residents plead with Gainesville leaders to intervene in battle over proposed solar farm
Archer residents are now pleading with Gainesville leaders to stop a company from installing a solar farm near their historic Black neighborhood. They thought their concerns were resolved when the Alachua County Commission on July 6 voted not to allow Miami-based Origis Energy to build a solar farm on 638 acres outside Archer on County Road 346.
› Curry files bill for Jaguars $120 million football performance center
Mayor Lenny Curry filed legislation with City Council to split the cost of a $120 million football performance center with the Jacksonville Jaguars. If approved, the bill would authorize Curry administration officials to borrow $60 million to help finance the NFL team’s proposed 127,087- square-foot practice facility and amend the Jaguars stadium lease with the city.
› Beverage distributor says billionaire investor's money is for growth not to purchase the company
Tom Pepin, CEO of Pepin Distributing Co., says a Maryland-based firm has invested in the business his family has owned for decades — but disputes published reports the business has been sold. Pepin, in an email to the Business Observer July 14, categorized the investment by Redwood Capital Investments in the Tampa-based company as “more of a capital restructuring that will infuse capital to fund growth.”
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