Community Budget Issue Requests - Tracking Id #1838FY0001

Empowerment Zone

 

 

 

 

 

 

 

 

 

 

Requester:

Miami Dade County

Organization:

Miami Dade County

 

 

 

 

 

 

 

 

 

 

Project Title:

Empowerment Zone

Date Submitted:

2/15/01 1:29:11 PM

 

 

 

 

 

 

 

 

 

 

Sponsors:

J. Alex Villalobos

 

 

 

 

 

 

 

 

 

 

 

 

 

Statewide Interest:

A revitalization of the downtown Miami areas will in turn provide increased funds and reduce crime

 

 

 

 

 

 

 

 

 

 

 

Recipient:

Miami-Dade Empowerment Trust

Contact:

Diana Ragbeer

 

140 W. lFlagler St Ste. 1107

Contact Phone:

(305) 375-1256

 

 

Miami 33133

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Counties:

Dade

 

 

 

 

 

 

 

 

 

 

 

 

 

Service Area:

Government Entity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Description:

 

 

 

 

 

 

 

Continued capitalization of the Miami-Dade Empowerment Trust Revitalization initiative.

 

 

 

 

 

 

 

 

 

 

 

Measurable Outcome Anticipated:

 

 

 

 

 

An Empowerment Zone is a Federally designated area that targets County, State and Federal resources to stimulate economic development in distressed low income areas.  The ultimiate goal of an Empowerment Zone is to use its limited resources to stimulate private sector investments, create jobs and stabilizae neighborhoods.  The underlying objective is to establish economically self-sufficient communities that contribute to the local economy and its tax house.

 

 

 

 

 

 

 

 

 

 

Amount requested from the State for this project this year:

$10,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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?

 

Yes

 

 

Amount:

$10,000,000

 

 

 

 

 

 

Purpose for future year funding:

 

Recurring Operations

 

 

Will this be an annual request?

 

 

Yes

 

 

 

 

 

 

 

 

 

 

 

 

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 as approved by Miami-Dade County, State of Florida (HB 297)

 

 

 

 

 

 

 

 

 

 

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 09-03-98, 09-15-98, 12-19-00; Miami-Dade Legislative

 

Meeting Date:

1/17/01