House Community Budget Issue Requests - Tracking Id #1085

City of Port St. Joe/Loan Forgiveness for Contested Tax Valuation

 

 

 

 

 

 

 

 

 

 

Requester:

City of Port St. Joe

Organization:

City of Port St. Joe

 

 

 

 

 

 

 

 

 

 

Project Title:

City of Port St. Joe/Loan Forgiveness for Contested Tax Valuation

Date Submitted:

01/25/2000 2:41:27 PM

 

 

 

 

 

 

 

 

 

 

District Member:

Bev Kilmer

Service Area:

City/Town

 

 

 

 

 

 

 

 

 

 

Counties Affected:

Gulf

 

 

 

 

 

 

 

 

 

 

Recipient:

City of Port St. Joe

Contact:

Pauline Pendarvis

 

P. O. Box 278

Contact Phone:

(850) 229-8261

 

 

Port St. Joe 32456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Description:

 

 

 

 

 

 

 

Forgiveness of loan by Department of Revenue to cover contested valuation of Florida Coast Mill in 1996-1997, which subsequently bankruptec before resolution of legal issues surrounding tax roll dispute.

 

 

 

 

 

 

 

 

 

 

Services Provided/Benefit to State:

 

 

 

 

 

(This project is in the Governor's designated Area of Economic Critical Concern) Continuation of city services based on the outcome of legal issues surrounding federal bankruptcy proceedings.

 

 

 

 

 

 

 

 

 

 

Measurable Outcome Anticipated:

 

 

 

 

 

Continuation of city services based on the outcome of legal issues surrounding federal bankruptcy proceedings.

 

 

 

 

 

 

 

 

 

 

Amount requested from the State for this project this year:

$320,000

 

 

 

 

 

 

 

 

 

 

Total cost of the project:

$320,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

Request has been made to fund:

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

Is there Local Government or Private match for this request?

 

No

 

 

 

 

 

 

 

 

 

 

 

Was this project previously funded by the State?

 

No

 

 

 

 

 

 

 

 

 

 

 

Is future-year funding likely to be requested?

 

No

 

 

 

 

 

 

 

 

 

 

 

Was this project included in an Agency's Budget Request?

 

No

 

Was this project included in the Governor's Recommended Budget?

No

 

 

 

 

 

 

 

 

 

 

 

Is there a documented need for this project?

 

Yes

 

 

Documentation:

Continuation of city services until completion of legal negotiations surrounding bankruptcy.

 

 

 

 

 

 

 

 

 

 

Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?

Unknown