Community Budget Issue Requests - Tracking Id #429FY0102
ECONOMIC INCENTIVES PROGRAM
Requester:		LEE R. FELDMAN			Organization:		CITY OF NORTH MIAMI
Project Title:		ECONOMIC INCENTIVES PROGRAM			Date Submitted:		1/17/2002 9:30:59 AM
Sponsors:		Frederica Wilson
Statewide Interest:
THE REQUEST WILL MEET THE DOCUMENTED NEED FOR ECONOMIC DEVELOPMENT INCENTIVES FOR LOCAL BUSINESSES.
Recipient:		CITY OF NORTH MIAMI			Contact:		LEE R. FELDMAN
		776 NE 125 STREET			Contact Phone:		(305) 893-6511
		NORTH MIAMI 33161
Counties:		Dade
Gov't Entity:		Yes	Private Organization (Profit/Not for Profit):
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 the 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 #:			2367A
Specific Appropriation Title:			Special Categories Grants & Aids/Local Economic Development Iniatives.
Amount to be reduced:			$400,000
Total cost of the project:			$500,000
Request has been made to fund:				Operations
What type of match exists for this project?					Local, Private
	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 Council Meeting
	Meeting Date:		10/9/2001