House Community
Budget Issue Requests - Tracking Id #2705 Homestead Business Incubator |
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Requester: |
Curt K. Ivy, Jr., City Manager |
Organization: |
City of Homestead |
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Project Title: |
Homestead Business Incubator |
Date Submitted: |
01/31/2000 12:49:55 PM |
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District Member: |
Ken Sorensen |
Service Area: |
County |
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Counties Affected: |
Dade |
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Recipient: |
City of Homestead |
Contact: |
Curt K. Ivy, Jr. |
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790 North Homestead Boulevard |
Contact Phone: |
(305) 247-1801 101 |
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Homestead 33030 |
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Project Description: |
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Joint effort with the City of Homestead, Miami-Dade Community College and the TRDA to provide matching funds and establish, organize and manage a NASA sponsored incubator creating high valued jobs. This request is required for a $1,000,000 federal match. |
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Services Provided/Benefit to State: |
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Business training, education, job opportunities and community investment created with tee development of the NASA sponsored incubator. |
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Measurable Outcome Anticipated: |
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Higher paying jobs and economic development within the redevelopment and empowerment zone area. |
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Amount requested from the State for this project this year: |
$1,000,000 |
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Total cost of the project: |
$2,750,000 |
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Request has been made to fund: |
Construction |
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Is there Local Government or Private match for this request? |
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Yes |
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Cash Amount: |
$1,000,000 |
In-Kind Amount: |
$275,000 |
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Was this project previously funded by the State? |
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No |
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Is future-year funding likely to be requested? |
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No |
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Was this project included in an Agency's Budget Request? |
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Unknown |
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Was this project included in the Governor's Recommended Budget? |
Unknown |
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Is there a documented need for this project? |
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Yes |
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Documentation: |
Federal grant requires this tate match and job creation |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
Yes |
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Hearing Body: |
Homestead City Council |
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Meeting Date: |
01/04/2000 |
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