Community Budget Issue Requests - Tracking Id #2088FY0001

Empowerment Zone

 

 

 

 

 

 

 

 

 

 

Requester:

Diana Ragbeer

Organization:

Miami Dade County

 

 

 

 

 

 

 

 

 

 

Project Title:

Empowerment Zone

Date Submitted:

2/19/01 11:06:47 AM

 

 

 

 

 

 

 

 

 

 

Sponsors:

Alex Diaz de la Portilla, Rudolfo Garcia, Daryl Jones, Kendrick Meek

 

 

 

 

 

 

 

 

 

 

 

 

 

Statewide Interest:

Revitalization downtown Miami areas and other zone areas will increase employment, economic dev., et

 

 

 

 

 

 

 

 

 

 

 

Recipient:

Miami Dade County

Contact:

Diana Ragbeer

 

140 W. 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 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 ultimate goal of 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 eonomically 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

1998-1999

Amount:

$3,000,275

 

 

 

 

 

 

 

 

 

 

 

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?

 

No

 

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

No

 

 

 

 

 

 

 

 

 

 

 

Is there a documented need for this project?

 

Yes

 

 

Documentation:

One Community, One Goal Strategic Plan as approved by Miami-Dade County

 

 

 

 

 

 

 

 

 

 

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 Legislative Delegation

 

Meeting Date:

1/17/01