Community Budget Issue Requests - Tracking Id #190FY0102
Warehouse Development
Requester:		Ronald Frazier			Organization:		BAC Funding Corporation
Project Title:		Warehouse Development			Date Submitted:		1/15/2002 10:18:08 AM
Sponsors:		Dorothy Bendross-Mindingall
Statewide Interest:
Economic Development
Recipient:		BAC Funding Corporation			Contact:		Edwin Miller
		6600 NW 27th Avenue			Contact Phone:		(305) 693-3550
		Miami 33147
Counties:		Dade
Gov't Entity:			Private Organization (Profit/Not for Profit):					Yes
Project Description:
Development of additonal commercial warehouse space to give rise to more below-market rate rentals. Also, some of the space will be used to start a contractors tranning program for minority contractors.
Measurable Outcome Anticipated:
34 Jobs
Amount requested from the State for this project this year:						$500,000
Identify items(s) in the FY 2002-03 Appropriations Bill to be reduced:
Specific Appropriation #:			1597b
Specific Appropriation Title:			Community Development
Amount to be reduced:			$500,000
Total cost of the project:			$750,000
Request has been made to fund:				Construction
What type of match exists for this project?					Local, Private
	Cash Amount:		$250,000
Was this project previously funded by the State?							No
Is future-year funding likely to be requested?							Unknown
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?							No
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 County Legislative Delegation
	Meeting Date:		11/19/2001