Community Budget Issue Requests - Tracking Id #1277FY0102
Economic Incentives Program
Requester:		Lee Feldman			Organization:		Economic Incentives Program
Project Title:		Economic Incentives Program			Date Submitted:		1/17/2002 3:28:13 PM
Sponsors:		Phillip Brutus
Statewide Interest:
The request will meet the documented need for economic development incentives for local businesses.
Recipient:		City of North Miami			Contact:		Lee Feldman
		776 NE 125 Street			Contact Phone:		(330) 893-6511
		North Miami 33161
Counties:		Dade
Gov't Entity:			Private Organization (Profit/Not for Profit):					Yes
Project Description:
Economic development incentive program for local businesses, which will include micro loan program; facade improvements; low interest loans for construction; commercial renovation (interior/exterior) and fixed assets; and job training programs.
Measurable Outcome Anticipated:
Increase city's tax base and job creation.
Amount requested from the State for this project this year:						$400,000
Identify items(s) in the FY 2002-03 Appropriations Bill to be reduced:
Specific Appropriation #:
Specific Appropriation Title:
Amount to be reduced:			$
Total cost of the project:			$500,000
Request has been made to fund:				Operations and Construction
What type of match exists for this project?					Local
	Cash Amount:		$100,000
Was this project previously funded by the State?							No
Is future-year funding likely to be requested?							No
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:		City of North Miami Comprehensive Plan, Pursuant to chapter 163, F.S.
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?							Yes
	Hearing Body:		City of North Miami
	Meeting Date:		10/9/2001