City records show that developers of a potential Hard Rock Hotel on the Downtown Northbank presented the city with two versions of financial models for the project, one containing publicly funded incentives of nearly $70 million and the other with more than $40 million.

The hotel and condominium is proposed on a 2.02-acre property at 500 E. Bay St., the site of the demolished Berkman II condominium along the St. Johns River. It is across the street from the Police Memorial Building and Duval County Jail.

Representatives for the development, code-named Project Revival in the documents, sent the city the first model for it on Aug. 5 that included $69.26 million in tax breaks over 25 years.

Two weeks later, the developers presented the second model containing a $40.13 million incentive for

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