House Community Budget Issue Requests - Tracking Id #2340 Century Habitat for Opportunity Micro-Industry Park
Requester:	Mayor Benny Barnes		Organization:		Town of Century
Project Title:	Century Habitat for Opportunity Micro-Industry Park		Date Submitted:		01/31/2000 6:39:35 PM
District Member:	Jeff Miller		Service Area:		City/Town
Counties Affected:	Escambia
Recipient:	Town of Century		Contact:		Benny Barnes
	7995 North Century Blvd.		Contact Phone:		(850) 256-3208
	Century 32535
Project Description:
This project combines an "incubator-like" very low rent fcaility to small industries with a nearby public day care. The facilities are located in a socio/economically challenged neighborhood. the incubator is designed to house small manufacturing and value-added processes and provide public day care to both employees and community residents.
Services Provided/Benefit to State:
These funds will be used to complete incubator facility construction and remodeling, as well as to provide operating/maintenance startup funds. The habitat/incubator will be self-sustaining once operational. Also, the funds would be used to build a metal shell building to house a public day care. The Town would advertise for a day care provider, who would be responsible for finishing the building to state specification. The provider would pay a franchise fee and lease on the building in exchange for a non-exclusive franchise. Revenue from the day care and lease would go into the town's economic development reserve fund.
Measurable Outcome Anticipated:
This project would create rural economic developmpent, while mitigating neighborhood poverty in an area where household incomes are 47 percent below poverty line. The Small Business Devlopment Center at the University of West Florida to assist in monitoring and reporting measureable outcomes in terms of social impact, family unity, crime rate impact, and lifestyle transition counseling.
Amount requested from the State for this project this year:				$650,000
Total cost of the project:		$1,335,000

Request has been made to fund:			Operations and Construction
Is there Local Government or Private match for this request?					Yes
	Cash Amount:	$260,000		In-Kind Amount:	$425,000
Was this project previously funded by the State?					Yes
	Fiscal Year:	1997-1998		Amount:	$175,000
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:	Unemployment statistics, welfare rolls, income levels, day care needs shown in several studies.
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?					Yes
	Hearing Body:	Town Council, Town of Century
	Meeting Date:	10/18/1999