Community Budget Issue Requests - Tracking Id #1927FY0001

Empowerment Zone

 

 

 

 

 

 

 

 

 

 

Requester:

Alex Penelas

Organization:

Miami-Dade County

 

 

 

 

 

 

 

 

 

 

Project Title:

Empowerment Zone

Date Submitted:

02/08/2001 4:46:10 PM

 

 

 

 

 

 

 

 

 

 

Sponsors:

Marco Rubio

 

 

 

 

 

 

 

 

 

 

 

 

 

Statewide Interest:

increase employment, economic development, international trade, permanent housing

 

 

 

 

 

 

 

 

 

 

 

Recipient:

Miami-Dade Empowerment Trust

Contact:

Diana Ragbeer

 

140 West Flagler Street, Ste. 1107

Contact Phone:

(305) 375-1256

 

 

Miami 33133-0708

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Counties:

Dade

 

 

 

 

 

 

 

 

 

 

 

 

 

Service Area:

Government Entity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Description:

 

 

 

 

 

 

 

Continued capitalization of the Miami-Dade Empowerment Trust

 

 

 

 

 

 

 

 

 

 

 

Measurable Outcome Anticipated:

 

 

 

 

 

An Empowerment Zone is a federally designated  area that targets county, state,and federal resources to stimulate private sector investments, create jobs and stabalize neighborhoods.  The underlying objective is to establish economically self-sufficient communities that contribute to the local economy and its tax base.

 

 

 

 

 

 

 

 

 

 

Amount requested from the State for this project this year:

$10,000,000

 

 

 

 

 

 

 

 

 

 

Identify item(s) in the Appropriations Bill to be reduced:

 

 

 

 

Specific Appropriation #:

1490H

 

 

 

 

Specific Appropriation Title:

Grants and aids to local gov'ts

 

 

Amount to be reduced:

$10,000,000

 

 

 

 

Fund Source:

General Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total cost of the project:

$250,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Request has been made to fund:

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of funding match:

Federal

 

 

 

 

 

 

Total Cash Amount:

$200,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Was this project previously funded by the State?

 

Yes

 

 

Fiscal Year:

1999

Amount:

$3,275,000

 

 

 

 

 

 

 

 

 

 

 

Is future-year funding likely to be requested?

 

Unknown

 

 

 

 

 

 

 

 

 

 

 

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

 

Unknown

 

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

Unknown

 

 

 

 

 

 

 

 

 

 

 

Is there a documented need for this project?

 

Yes

 

 

Documentation:

One Community, One Goal Strategic Plan (HB 297), U.S. Department of Housing and Urban Development

 

 

 

 

 

 

 

 

 

 

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

Yes

 

 

Hearing Body:

Miami-Dade Board of County Commissioners and Miami-Dade Legislative Delegation

 

Meeting Date:

01/17/2001