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Community Budget
Issue Requests - Tracking Id #1508FY0001 Empowerment Zone |
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Requester: |
Steve Shiver |
Organization: |
Miami-Dade County |
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Project Title: |
Empowerment Zone |
Date Submitted: |
2/13/01 8:13:33 AM |
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Sponsors: |
Ronald Silver |
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Statewide Interest: |
increases employment ,economic development, international trade and contributes to state sales tax |
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Recipient: |
Miami-Dade County Empowerment Trust |
Contact: |
Diana Ragbeer |
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140 West Flagler Street, Suite 1107 |
Contact Phone: |
(305) 375-1256 |
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Miami 33133 |
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Counties: |
Dade |
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Service Area: |
Government Entity |
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Project Description: |
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continued capitalization of the Miami-Dade Empowerment Trust revitalization initiative |
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Measurable Outcome Anticipated: |
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An Empowerment Zone is a federal designated area that targets county, state and federal resources to stimulate economic development in distressed low income areas. The ultimate goal fo an Empowerment Zone is to use its limited resources to stimulate private sector investments, create jobs and stabilize neighborhoods. The underlying objective is to establish economically sef-sufficient communities that contribute to the local economy and its tax base. |
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Amount requested from the State for this project this year: |
$10,000,000 |
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Total cost of the project: |
$250,000,000 |
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Request has been made to fund: |
Operations |
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Type of funding match: |
Local |
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Total Cash Amount: |
$200,000,000 |
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Was this project previously funded by the State? |
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Yes |
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Fiscal Year: |
2000-2001 |
Amount: |
$3,275,000 |
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Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$5,000,000 |
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Purpose for future year funding: |
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Recurring Operations |
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Will this be an annual request? |
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Yes |
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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: |
One Community One Goal Strategic Plan and U.S. HUD studies |
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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: |
Miami-Dade County Legislative Delegation |
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Meeting Date: |
1/17/01 |
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