Columbus-Franklin County Finance Authority Projects Financed
|
|
- Ambrose Preston
- 6 years ago
- Views:
Transcription
1 Jean Carter Ryan, President 350 E. First Avenue ~ Suite 120 Columbus, Ohio Telephone JRyan@columbusfinance.org Columbus-Franklin County Finance Authority Projects Financed The Finance Authority has issued $377 million in financing since inception, closing on 27 projects that will invest more than $504 million and create over 1,940 jobs in Central Ohio Project Financing Hubbard Parking Garage The Finance Authority will issue $9,825,000 in bonds to finance a 250-space parking garage in the Short North. The project also features a 72-room apartment building and 17,000 square feet of retail with a total investment of $22.6 million. E.W. High Street, LLC (Wagenbrenner Development and Elford Construction) is the developer. The Finance Authority will also own the garage. MSC Industrial Direct MSC Industrial Direct plans to construct a 400,000 square foot distribution center on 70 acres of land near Bolton Field in Columbus. The Finance Authority will issue $27.5 million in taxable bonds for the real estate investment and take title to the building. The lease financing supports the $55.5 million distribution center and the Finance Authority will take title to the building. MSC Industrial Direct will create 300 jobs. Cornerstone Academy Cornerstone is a 501(c)(3) charter school based in Westerville, Ohio, serving grades K-8. Cornerstone will acquire land, purchase and renovate its existing building, expand the building as well as refinance existing debt, at a cost of $10,455,000. The Finance Authority will issue $9,724,211 in tax-exempt conduit financing for a 501(c)(3) borrower, in which we took take title to the facilities and are leasing them back to the school. Cornerstone employs 50 people in Westerville with an enrollment of 480 students at its Westerville campus. The project allows the school s enrollment to grow to 750 students with an addition of 22 full-time jobs and 15 part-time jobs. 1
2 Lane Avenue The Finance Authority is providing lease financing for the $23.4 million mixed use development project on Lane Avenue. The Finance Authority issued up to $19 million in taxable revenue bonds and took title to the mixed use component of the project. The project consists of approximately 108 apartment units, 13,000 square feet of office space, 13,000 square feet of retail, a 109-room Homewood Suites Hotel, surface and structured parking. The total investment is $37.9 million. One Neighborhood Phase 2 - The Finance Authority issued a $2.090 million revenue bond through its Central Ohio Bond Fund program for public infrastructure associated with the One Neighborhood Phase Two project of the Edwards Companies. This is the Finance Authority s second issuance for the One Neighborhood project Project Financing Klingbeil Capital Management The Finance Authority was awarded a $2.3 million Clean Ohio Revitalization Grant on behalf of Klingbeil Capital Management to clean up a site on Kinnear Road just west of Lennox Town Center. Once the site is cleaned up, it will be redeveloped into 190 Class A, LEED-certified apartments at an investment of $15 million. STAR Dynamics Corporation - The Ohio Department of Development (ODOD) and the Finance Authority entered into a purchase/leaseback incentive package for STAR Dynamics Corporation. The ODOD provided a $3 million Research and Development Loan to the Finance Authority for the purchase of a revolutionary technology XSTAR radar system developed by STAR Dynamics. The Finance Authority is leasing the radar equipment back to STAR Dynamics over a seven-year term, with STAR purchasing the equipment at the end of the lease term for $1. The company will create 20 new full-time jobs within three years and retain 81 jobs. Kern, Inc. - The Finance Authority partnered with the Ohio Department of Development (ODOD) with a purchase/lease-back incentive package that provides Kern, Inc. of Grove City with a $2 million Innovation Ohio Fund Loan. The ODOD provided a $2 million loan to the Finance Authority for the purchase of intellectual property in the form of a patent. The Finance Authority, in turn, leases the intellectual property that is valued at $4 million back to Kern. At the end of the 6-year lease, Kern will purchase the intellectual property for $1. Kern will create 55 new full-time jobs within three years and retain Project Financing Edwards Companies/One Neighborhood The Edwards Companies secured infrastructure financing for the first phase of its One Neighborhood downtown residential development through the Finance Authority. The Finance Authority has issued $2.45 million in taxexempt bonds to support the project through the Central Ohio Bond Fund. The financing will be used to fund landscaping, utility work and other public infrastructure improvements. The infrastructure financing is essential for the project s continued development which will be comprised of 300 residential units on nine-city blocks at build out. The project is bounded by Fourth and Gay and extends east to the Columbus College of Art and Design. 2
3 entrotech entrotech benefitted from a $2 million sale-leaseback financing structure with the Ohio Department of Development and the Columbus-Franklin County Finance Authority. The state tapped its Research and Development Loan program to encourage entrotech, a growing Columbus technology company, to accelerate the development of a new paint replacement film that will replace traditional paint application methods. The film will be a solvent-free adhesive, thus significantly lowering the environmental impacts of industrial painting and coating. entrotech will create 35 jobs and retain 18 as a result of the project. Pizzuti The Finance Authority closed on $6.7 million in financing with the State of Ohio and Pizzuti to finance $10.9 million in public infrastructure improvements at Rickenbacker. The improvements in the City of Columbus surround a one million square foot warehouse developed by Pizzuti and occupied by Whirlpool. Whirlpool created 200 jobs and retained 70 jobs as a result of the project. Wasserstrom The Finance Authority issued $2.5 million in Recovery Zone Facility Bonds on behalf of Wasserstrom s consolidation project related to its restaurant equipment business. Wasserstrom will consolidate Columbus distribution facilities to a new site in Northeast Columbus. Receipt of the Recovery Zone Facility Bond was one factor in Wasserstrom s decision to move forward with its investment in Columbus. The company will retain 115 jobs as a result of the investment. BalletMet The Finance Authority issued $3.45 million in bonds to refinance existing debt at BalletMet s facility on Mount Vernon Avenue in the City of Columbus. BalletMet and the Finance Authority are financing the project in partnership with Huntington National Bank which purchased the bonds. Under the American Recovery and Reinvestment Act of 2009, the BalletMet refinancing is the second Finance Authority financing that is permitted under changes to the bank qualified bond rules from the Federal Stimulus package. These changes allow each 501(c)(3) institution to issue up to $30 million in tax-exempt financing annually for capital projects and benefit from lower interest rates as a result. Ohio Capital Fund The Finance Authority issued $159 million in bonds for the Ohio Capital Fund, a fund of funds overseen by the State s Venture Capital Authority. The taxable research and development revenue bonds will be used to refinance existing debt and raise additional funds to support venture capital investments in Ohio. The Ohio Capital Fund invests in private-capital venture funds to raise money for local technology firms. 3MX/Children s The Finance Authority issued $2.2 million in bond financing for the 3MX/Nationwide Children s Hospital project in the City of Columbus. The 3MX/Children s project was the first project in Central Ohio to take advantage of Recovery Zone Facility Bond financing available through the American Reinvestment and Recovery Act, allowing for the project to be financed more competitively. The funds will be used to make improvements to a 17,200 sq. ft. building on East Main Street to support Nationwide Children s Hospital behavioral health unit. The project will retain 50 jobs and create 5-7 new jobs in the renovated building. 3
4 2009 Project Financings Cardinal Health Working with the Ohio Department of Development (ODOD) and the City of Dublin, the Finance Authority has developed an innovative financing structure to help Cardinal Health continue to grow in Central Ohio. The structure allows for Cardinal s South Campus to become a shovel-ready site for expansion. The ODOD provided a $4 million low interest loan to the Finance Authority which, in turn, used the funds to purchase the 28-acre South Campus site from Cardinal. The Finance Authority entered into a 10-year lease on the property with Cardinal. During the lease term, the City of Dublin and the State of Ohio will complete water, sewer and road improvements to the site. The financing was contingent upon Cardinal s $60 million investment at its West Campus Headquarters which will create 675 jobs. OCLC II Through new legislation, the Finance Authority issued $30 million in tax-exempt financing to facilitate the creation and retention of 29 jobs. Under the American Recovery and Reinvestment Act of 2009, OCLC financing is the first Finance Authority financing and perhaps the first in Ohio that takes advantage of changes to the bank-qualified bond rules. OCLC plans to make improvements that include upgrading office systems, computers, servers, computer software and other information databases. The project was undertaken in partnership with National City Commercial Capital Corporation. Grandview Yard The Finance Authority issued up to $12 million in tax-exempt bonds to support the first phase of the multi-use development project in the City of Grandview Heights. The private investment associated with the first phase is over $36 million which will have 376 full-time jobs. The first phase investment includes a 90,000 sq. ft. office building, a 126-room Hyatt Place Hotel and a 42,000 sf Urban Active fitness center. The Grandview Yard infrastructure improvements are anticipated to be more than $100 million over a multi-year period. Project completion is expected in the fall of Project Financings Dynalab Dynalab Electronic Manufacturing Services has invested $3.5 million through the Finance Authority, bringing 73 jobs to Central Ohio. Dynalab s project demonstrates that with a strong product and workforce, Ohio companies can compete successfully with products manufactured in Mexico, as the investment is directly tied to work formerly made in Mexico. Specifically, Dynalab invested in equipment to manufacture electronic circuit boards for electric meters. The Reynoldsburg-based company provides engineering and manufacturing support for Fortune 500 and other qualified companies. OCLC I A $20 million tax-exempt transaction assisted Dublin-based OCLC lease equipment that will create 42 full-time jobs. The tax-exempt financing was made in conjunction with JP Morgan Chase. The Finance Authority provided a streamlined approach to tax-exempt financing, enabling OCLC to obtain the computer and other resources needed to support its strategic directions and the growth of its services to more than 69,000 libraries in 112 countries. 4
5 2007 Project Financings Dancor Tax-exempt financing was provided to Dancor for a $1.2 million investment for a digital printing press. National City Leasing was a key partner in the transaction. The project will create 5 jobs on the west side of Columbus. Franklin Park Conservatory - $7.1 million was issued on behalf of the Franklin Park Conservatory to expand its events facilities. The project will create 10 full-time and 10 parttime jobs in Columbus. Fifth Third Bank partnered with the Finance Authority in the financing. Harrison West TIF The Finance Authority issued bonds to finance $3.1 million in taxexempt financing for a project in the Harrison West neighborhood on Columbus near north side. The funds are being used to acquire land and build a park to complete a brownfield clean-up of the former AC Humko site. The repayment stream is redirected property taxes from the City of Columbus. 5
Financing Strategies to Encourage Transit Oriented Development Rail~Volution 2009
Financing Strategies to Encourage Transit Oriented Development Rail~Volution 2009 October 31, 2009 1 Six considerations for successful funding of transit oriented development. 1.Transit alone cannot create
More informationNational Defense Industrial Association & Philadelphia Works. Regional Engagement Meeting Friday, July 8, 2016
National Defense Industrial Association & Philadelphia Works Regional Engagement Meeting Friday, July 8, 2016 PIDC OVERVIEW Our mission is to spur investments, support business growth, and foster developments
More informationJob Creation Bonus (JCB) Program Guidelines & Application. City of Titusville Downtown Community Redevelopment Agency
Job Creation Bonus (JCB) Program Guidelines & Application City of Titusville Downtown Community Redevelopment Agency Adopted March 13, 2012 Introduction Job Creation Bonus (JCB) Program A Job Creation
More information634 NORTH PARK AVENUE
Evaluation Criteria Submission Incentives, Districts & Zones Site Location Executive Summary Site Overview OPPORTUNITY FOR DEVELOPMENT 634 NORTH PARK AVENUE Warren, Ohio PREPARED BY: SITE OVERVIEW Address:
More informationFINANCIAL INCENTIVES
FINANCIAL INCENTIVES Benefits are available for all types of companies - new, existing and relocating; regional and national headquarters; back-office; distribution and supply chain; manufacturing; and
More informationFinancial Advisory Services. Page 1
GLENDALE REDEVELOPMENT AGENCY REQUEST FOR QUALIFICATIONS/PROPOSALS FINANCIAL ADVISORY SERVICES 633 East Broadway, Suite 201 Glendale, California 91206 April 17, 2008 REQUEST FOR QUALIFICATIONS/PROPOSALS
More informationPRIME OSU CAMPUS RETAIL SPACE FOR LEASE
PRIME OSU CAMPUS RETAIL SPACE FOR LEASE WILSON PLACE 15 E. Lane Avenue Columbus, Ohio 43201 Brand New Mixed Use Development Opening - Spring 2018 Only 1,840 +/- SF Prime Retail Space Left Suite C Available
More informationAmerican Association of Port Authorities Environmental Improvement Awards
American Association of Port Authorities - 2014 Environmental Improvement Awards PROJECT SUMMARY The Toledo-Lucas County Port Authority s BetterBuildings Northwest Ohio energy efficiency and alternative
More informationSouthern Dallas GO Bond Program Public/Private Partnership Amendment
Southern Dallas GO Bond Program Public/Private Partnership Amendment A Briefing to the Economic Development Committee Economic Development and Housing Department December 3, 2007 1 KEY FOCUS AREA: ECONOMIC
More informationFY BUDGET BY PROGRAM
ECONOMIC DEVELOPMENT/REDEVELOPMENT Budget Summary CATEGORY FY 06/07 FY 05/06 FY 04/05 Proposed Year-End Actuals Budget Estimate Salaries $608,860 $686,700 $537,051 Operations & Maintenance 905,395 253,585
More informationNew York University Campus Plan for Designation of Tax- Free NY Area
New York University Campus Plan for Designation of Tax- Free NY Area 1. Campus Name: New York University Contact Person: Jennifer Pautz Address: 25 West 4 th Street, 5 th Floor New York, NY 10012 2. Identification
More informationCITY OF WACO GUIDELINES AND POLICY STATEMENT TAX ABATEMENT FOR REAL AND PERSONAL PROPERTY
CITY OF WACO GUIDELINES AND POLICY STATEMENT TAX ABATEMENT FOR REAL AND PERSONAL PROPERTY I. GENERAL PURPOSE AND OBJECTIVES Certain types of business investment which result in the creation of new jobs,
More informationChapter 9: Economic Development
Chapter 9: Economic Development 9.0 Accomplishments Since 2007 As the economic driver for the State, New Castle County continues to review development regulations and offer additional incentives and enhancements
More informationCity of Dallas Office of Economic Development Public/Private Partnership Program. February 21, 2012
City of Dallas Office of Economic Development Public/Private Partnership Program February 21, 2012 Purpose Review the City s Public/Private Partnership Program Guidelines & Criteria in preparation for
More informationPlanning Ahead for Growth in Massachusetts
Planning Ahead for Growth in Massachusetts 4 9 5 / M E T R O W E S T P A R T N E R S H I P A N N U A L M E E T I N G P R E S E N T A T I O N J U N E 1, 2 0 1 2 The Commonwealth s Economic Development Plan
More informationMassWorks Infrastructure Program (MassWorks)
MassWorks Infrastructure Program (MassWorks) 1 MassWorks Created in 2010 the to provide municipalities with a one-stop shop for public infrastructure funding to support housing production, economic development
More informationPublic/Private Partnership Program. November 4, 2013
Public/Private Partnership Program November 4, 2013 Purpose Review the City s Public/Private Partnership Program Guidelines & Criteria Receive input from the Committee concerning the program 2 Public/Private
More informationEmpire State Development Programs /13/2017
Empire State Development Programs 2017 6/13/2017 What is ESD Empire State Development (ESD) is the economic development arm for New York State. The mission of Empire State Development is to promote a vigorous
More informationCITY OF LONG BEACH DEPARTMENT OF DEVELOPMENT SERVICES REDEVELOPMENT BUREAU
CITY OF LONG BEACH DEPARTMENT OF DEVELOPMENT SERVICES REDEVELOPMENT BUREAU 333 West Ocean Blvd., 3 th Floor Long Beach, CA 90802 Phone: 570.6615 Fax: 570.6215 Introduction On November 3, 2009 the City
More informationLeague Task Force on the Next Generation of Economic Development Tools Background Report: Community Development Corporations April 12, 2012
League Task Force on the Next Generation of Economic Development Tools Background Report: Community Development Corporations April 12, 2012 For the past few months, the League Task Force on the Next Generation
More informationNEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA September 10, :00 a.m. EDA Boardroom 36 West State Street, Trenton
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA September 10, 2015 10:00 a.m. EDA Boardroom 36 West State Street, Trenton 1. NOTICE OF PUBLIC MEETING 2. ROLL CALL 3. APPROVAL OF PREVIOUS MONTH S MINUTES
More informationFitchburg Development Assistance Guide. A guide to technical support and incentives for business and housing development in Fitchburg.
Fitchburg Development Assistance Guide A guide to technical support and incentives for business and housing development in Fitchburg. Foreward Fitchburg is Open for Business! In my role as Mayor, it pleases
More informationFLORIDA JOB GROWTH GRANT FUND PINELLAS COUNTY ECONOMIC DEVELOPMENT PROJECT: THE 501 BUILDING RENOVATION LIST OF ATTACHMENTS A. ATTACHMENT A RESPONSES THAT DID NOT FIT IN TEXT BOX B. ATTACHMENT B LETTERS
More informationARLINGTON programs and incentives
ARLINGTON programs and incentives Arlington Economic Development is committed to attracting and retaining high-quality businesses of all shapes and sizes. When it comes to assisting businesses, we don
More informationCITY OF ANN ARBOR ECONOMIC COLLABORATIVE TASK FORCE REPORT
CITY OF ANN ARBOR ECONOMIC COLLABORATIVE TASK FORCE REPORT Background Ann Arbor City Council has determined that economic health is one of its key priority areas. Economic sustainability and growth create
More informationVillage of Hinckley: Local, State and Federal Tax Incentive Programs
www.dcedc.org 421 N. California Street Suite 200 Sycamore, IL 60178 [phone] 815.895.2711 [fax] 815.895.8713 Village of Hinckley: Local, State and Federal Tax Incentive Programs Following is a brief description
More informationEconomic Development Subsidy Report Pursuant to Government Code Section 53083
San Joaquin Regional Rail Commission, 1/6/17 Economic Development Subsidy Report Pursuant to Government Code Section 53083 TABLE OF CONTENTS 1.0 Introduction 1.1 Introduction 1.2 Background 1.3 Legal Requirements
More informationCity of Albany Industrial Development Agency (CAIDA)
City of Albany Industrial Development Agency (CAIDA) Project Evaluation and Assistance Framework THE VISION OF ALBANY IN 2030 21 Lodge Street Albany, NY 12210 518-434-2532 IDA Info: www.albanyida.com 1
More informationEast Tampa Business Exchange
East Tampa Business Exchange Brenda Grove Glorida Parham Stephen Yerrakadu Cherrise Wilks Florida Institute of Government Community Real Estate Development: Class 2013 2 East Tampa Business Exchange Plan
More informationREQUEST FOR PROPOSALS
REQUEST FOR PROPOSALS Downtown Triangle Redevelopment 1 st Street North, East Jackson Street, and Market Street City of Wisconsin Rapids 444 West Grand Avenue, Wisconsin Rapids, WI 54495 February 2017
More information10 steps. for a successful university innovation center. Higher Education United States
10 steps for a successful university innovation center Higher Education United States 2 Higher Education United States 3 Higher Education United States 10 steps for a successful university innovation center
More informationNewport News Business and Commercial Property Incentive Summary
Newport News Business and Commercial Property Incentive Summary Overview Newport News offers a number of incentives to assist businesses and commercial property owners investing in Newport News. The variety
More informationRequest for Proposals (RFP) For Restaurant Consulting Services 1657 Ocean Avenue
Request for Proposals (RFP) For Restaurant Consulting Services 1657 Ocean Avenue The City of Santa Monica (City) Housing and Economic Development Department is soliciting this Request for Proposals from
More informationOverview Thank you for taking the time to complete this survey. Before starting the online survey, you may find it useful to first print the PDF of this survey questionnaire and use it when gathering the
More informationRobinson & Cole is a full service law firm with eight offices throughout the eastern United States. Anticipating
Robinson & Cole s Massachusetts Economic Stimulus Team Robinson & Cole is a full service law firm with eight offices throughout the eastern United States. Anticipating the opportunities the economic stimulus
More informationCommunity Meeting: Campus Land Use & Square 54 Discussion May 4, 2005
Community Meeting: Campus Land Use & Square 54 Discussion May 4, 2005 1 Overview of Presentation Goals To understand. How GW plans to accommodate its forecasted housing and academic space needs within
More informationNew North Side TIF District Will Support Lathrop Homes Redevelopment
FOR IMMEDIATE RELEASE October 5, 2016 CONTACT: Mayor s Press Office 312.744.3334 press@cityofchicago.org Department of Planning and Development (DPD) (312) 744-9267 New North Side TIF District Will Support
More informationTitle SANTEE COURT PARKING FACILITY PROJECT / 636 MAPLE AVENUE INTER-MODAL PARKING STRUCTURE
***************************************************************************** Office of the City Clerk, City of Los Angeles This report was generated by the Council File Management System on 07/07/2018
More informationHello, Greater Washington
Hello, Greater Washington Citi s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have 200 years of experience
More informationUnderstanding New Markets Tax Credits
Understanding New Markets Tax Credits A presentation by: LISC NMTC Program Financing Solutions to Rebuild America s Distressed Communities Access to Capital & Investment Tools 2010 Economic Development
More informationWestside TAD Neighborhoods Strategic Implementation Plan for the neighborhoods of Vine City and English Avenue. Summary
Westside TAD Neighborhoods Strategic Implementation Plan for the neighborhoods of Vine City and English Avenue Summary September 4, 2013 Prepared by: APD Urban Planning & Management, LLC Goal 1: Create
More informationRequest for Developer Qualifications-John Deere Commons Development Opportunity
Request for Developer Qualifications-John Deere Commons Development Opportunity Moline, IL January 2012 Open Letter Inviting the Interest of Private Developers Attached please find a Request for Qualifications
More informationMILLIGAN MILLIGAN. Town and Gown Promotions for Economic Development
Town and Gown Promotions for Economic Development Presented by: Valerie Piper, AICP 215 496 9100 ext 111 vpiper@milligancpa.com Pennsylvania Chapter American Planning Association Annual Conference Lancaster
More informationEconomic Development Incentives Programs Guide
Economic Development Incentives Programs Guide 2016 In an effort to enhance the local business environment and promote a healthy local economy, the Town of Wytheville offers access to a variety of economic
More informationL AK E S TRE ET V E N T U R E S 1
L AK E S TRE ET V E N T U R E S 1 Welcome to Lake Street With each opportunity we welcome challenges, because they bring out our best. Every day we adapt to the diversity of our business with creative
More informationREDEVELOPING BROWNFIELDS IN KANSAS CITY
REDEVELOPING BROWNFIELDS IN KANSAS CITY A GENERAL OVERVIEW JUNE 26, 2018 Presented by Andrew Bracker Brownfields Coordinator City of Kansas City, Missouri Overview Program Summary Case Studies Incentives
More informationCouncil. Jill A. Jordan, RE., Assistant Joey Zapata, Assistant M.
Memorandum CITY OF DALLAS DATE TO SUBJECT December 2, 2016 Members of the Economic Development Committee: Rickey D. Callahan (Chair), Casey Thomas, II, (Vice Chair), Adam Medrano, Lee M. Kleinman, Carolyn
More informationCITY OF WACO GUIDELINES AND POLICY STATEMENT TAX ABATEMENT FOR REAL AND PERSONAL PROPERTY
CITY OF WACO GUIDELINES AND POLICY STATEMENT TAX ABATEMENT FOR REAL AND PERSONAL PROPERTY I. GENERAL PURPOSE AND OBJECTIVES Certain types of business investment which result in the creation of new jobs,
More informationTOWER ON THE MAUMEE-THE EYDE COMPANY
Location Toledo, Ohio Services Project Management Architecture Interior Design Mechanical, Electrical and Civil Engineering Project Funding Ohio Historic Tax Credits 390,000 SF; 30 stories Currently on
More informationUnion County Community Improvement Corporation Investment Portfolio
Union County Community Improvement Corporation Investment Portfolio Our MISSION is to expand the economy of Union County by working together with our local, regional, and state economic development partners
More informationCounty Commissioners Association of Ohio
County Commissioners Association of Ohio Lunch and Learn: County Economic Development Essentials February 10, 2015 Mark Barbash Executive Vice President Finance Fund February 10, 2015 Presentation by Mark
More informationWhat Happened to the Brownfields Tax Incentive? Webinar April 11, 2013
What Happened to the Brownfields Tax Incentive? Webinar April 11, 2013 1 Empowering localities to revitalize their communities through the exchange of strategies, tools, and best practices for brownfields
More informationCity of Miami. City Hall 3500 Pan American Drive Miami, FL Meeting Agenda. Monday, July 30, :00 PM
City of Miami City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Meeting Agenda Monday, July 30, 2012 5:00 PM FREDERICK DOUGLASS ELEMENTARY SCHOOL 314 NW 12TH STREET SEOPW Community Redevelopment
More informationBrownfield Redevelopment The Developer s Perspective
Brownfield Redevelopment The Developer s Perspective About CommunitySmith Principles and Priorities CommunitySmith exists to create successful community revitalization projects by facilitating open and
More informationBusiness Subsidy Tax Abatement Tax Increment Financing Policy
Economic Development Policies Business Subsidy Tax Abatement Tax Increment Financing Policy Prepared by the City of Virginia Minnesota Offices Corporate Headquarters 85 East Seventh Place, Suite 100 St
More informationCITY OF MONTEBELLO AND MONTEBELLO SUCCESSOR AGENCY REQUEST FOR QUALIFICATIONS (RFQ)
CITY OF MONTEBELLO AND MONTEBELLO SUCCESSOR AGENCY REQUEST FOR QUALIFICATIONS (RFQ) POTENTIAL MEDIUM TO HIGH DENSITY URBAN MIXED USE DEVELOPMENT PROJECT 700 BLOCK OF WEST WHITTIER BOULEVARD RFQ RESPONSE
More informationGoing Beyond Traditional Public Private Partnerships To Promote Community Development
Going Beyond Traditional Public Private Partnerships To Promote Community Development Who is NDC and What Do We Do? Oldest national non-profit community development organization in the United States. Mission:
More informationMETHODOLOGY - Scope of Work
The scope of work for the Truckee West River Site Redevelopment Feasibility Study will be undertaken through a series of sequential steps or tasks and will comprise four major tasks as follows. TASK 1:
More informationIncentives for Businesses
Incentives for Businesses The following overviews of incentive programs are summarized and presented based on a company s location in St. Petersburg,. This summary is for reference purposes only and is
More informationUG Small Business Incentive Pilot Program Plan
UG Small Business Incentive Pilot Program Plan Page 1 of 9 Revised 1/1/17 TABLE OF CONTENTS Preface 3 Section 1 Pilot Program Goals 4 Section 2 Pilot Program Target Area 4 Section 3 Pilot Program Strategy
More informationNEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY PROJECT SUMMARY - GROW NEW JERSEY ASSISTANCE PROGRAM
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY PROJECT SUMMARY - GROW NEW JERSEY ASSISTANCE PROGRAM As created by statute, the Grow New Jersey Assistance (Grow NJ) Program is available to businesses creating
More informationGBEDC Annual Investors Meeting December 10, 2014
GBEDC Annual Investors Meeting December 10, 2014 Chicago Fittings Corporation Company and Project Background Company Formed in 1930 (Currently located in Belvedere, IL) Specialty Fitting Manufacturer Patented
More informationCITY OF LANCASTER REVITALIZATION AND IMPROVEMENT ZONE AUTHORITY
CITY OF LANCASTER REVITALIZATION AND IMPROVEMENT ZONE AUTHORITY Guidelines for Obtaining Financing for Projects in the City of Lancaster s City Revitalization and Improvement Zone Purposes of These Guidelines
More informationFINANCE COMMITTEE Arkansas Higher Education Coordinating Board Conference Call Friday, June 29, :00 a.m.
FINANCE COMMITTEE Arkansas Higher Education Coordinating Board Conference Call Friday, June 29, 2018 9:00 a.m. Al Brodell, Chair Keven Anderson Chris Gilliam Finance Committee Greg Revels Sam Sicard Dr.
More informationREQUEST FOR PROPOSALS. Former Fire Station 47 Site - 24,400 square feet
REQUEST FOR PROPOSALS City of SeaTac Former Fire Station 47 Site - 24,400 square feet 3215 South 152 nd Street, SeaTac, WA 98188 ISSUE DATE: May 4, 2018 PROPOSALS DUE: June 15, 2018 1. OVERVIEW The City
More informationWelcome, NYU Students October 16, 2015
Welcome, NYU Students October 16, 2015 FRISCO, TX Bring Your Dreams Frisco is Centrally Located in the U.S. All major cities in the continental U.S. are within a four hour flight time Centrally Located
More informationCity of Roseville and Roseville Economic Development Authority Public Financing Criteria and Business Subsidy Policy Adopted October 17, 2016
City of Roseville and Roseville Economic Development Authority Public Financing Criteria and Business Subsidy Policy Adopted October 17, 2016 INTRODUCTION: This Policy is adopted for purposes of the business
More informationFlorida Job Growth Grant Fund Public Infrastructure Grant Proposal
Florida Job Growth Grant Fund Public Infrastructure Grant Proposal Proposal Instructions: The Florida Job Growth Grant Fund Proposal (this document) must be completed by the governmental entity applying
More informationFunding Sources for Downtown Revitalization Efforts
Funding Sources for Downtown Revitalization Efforts Downtown revitalization programs and activities are typically funded by a multitude of sources. This report provides a synopsis of popular public and
More informationTAX ABATEMENT FOR INDUSTRIAL REAL AND PERSONAL PROPERTY, OWNED OR LEASED CITY OF WACO GUIDELINES AND POLICY STATEMENT
TAX ABATEMENT FOR INDUSTRIAL REAL AND PERSONAL PROPERTY, OWNED OR LEASED I. GENERAL PURPOSE AND OBJECTIVES CITY OF WACO GUIDELINES AND POLICY STATEMENT Certain types of business investment which result
More informationNichole Hansen Iowa Economic Development Authority
Nichole Hansen Iowa Economic Development Authority Today s discussion» Overview of Iowa Economic Development Authority (IEDA) Community Development Division & programs» Overview of programs that may assist
More informationTompkins County Industrial Development Agency Industrial Application for Incentives
Applicant Information Tompkins County Industrial Development Agency Industrial Application for Incentives Date: Name of Company/Applicant: Incodema3D LLC Owner: The Heights Group LLC 407 Cliff St. City/State/ZIP:
More informationREQUEST FOR PROPOSALS
WARNER AND SWASEY REDEVELOPMENT 5701 CARNEGIE AVENUE REQUEST FOR PROPOSALS 1. OVERVIEW AND INTRODUCTION The City of Cleveland s Department of Economic Development, is issuing a Request for Proposals (RFP)
More informationNEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA August 10, :00 a.m. EDA Board Room 36 - West State Street, Trenton
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA August 10, 2018 10:00 a.m. EDA Board Room 36 - West State Street, Trenton 1. NOTICE OF PUBLIC MEETING 2. ROLL CALL 3. APPROVAL OF PREVIOUS MONTH S MINUTES
More informationLocal Government Economic Development Incentives Survey for FY
1. Overview Thank you for taking the time to complete this survey. Before starting the online survey, you may find it useful to print this document and gather the required data. This survey questionnaire
More informationBeecher Terrace Choice Neighborhood
Beecher Terrace Choice Neighborhood Beecher Terrace Background Beecher Terrace is located in the Russell Neighborhood, which is currently the focus of a FY2014 Choice Neighborhoods Initiative Planning
More informationPike Place MarketFront: A 40-Year Vision to Complete the Market Historic District
Pike Place Market PDA CONTACT Emily Crawford Pike Place Market 85 Pike Street, Room 500 Seattle, Wash. 98101 Phone: (206) 774-5278 emily.crawford@pikeplacemarket.org www.pikeplacemarket.org/marketfront
More informationECONOMIC DEVELOPMENT. Page 2-141
A ECONOMIC DEVELOPMENT The City of Sacramento recognizes the importance of increasing individual wealth and creating employment opportunities while at the same time generating sufficient revenues for the
More informationNEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA December 12, 2006
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY AGENDA December 12, 2006 1. NOTICE OF PUBLIC MEETING 2. ROLL CALL 3. APPROVAL OF PREVIOUS MONTH S MINUTES 4. CHIEF EXECUTIVE OFFICER S MONTHLY REPORT TO THE BOARD
More informationTHE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA M E M O R A N D U M
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA M E M O R A N D U M DATE: JUNE 16, 2011 CI2150 100763 TO: CRA/LA BOARD OF COMMISSIONERS 2 FROM: STAFF: SUBJECT: CHRISTINE ESSEL,
More informationStafford County Economic Development FY 2018 Business Plan. February 10, 2017
Stafford County Economic Development FY 2018 Business Plan February 10, 2017 Recommendations Provided in Stafford County Economic Development Strategic Plan OBJECTIVE DESCRIPTION LEAD TIME FOR IMPLEMENTATION
More informationHOUSING AND REDEVELOPMENT PROGRAM OVERVIEW
CITY OF SACRAMENTO HOUSING AND REDEVELOPMENT PROGRAM OVERVIEW INTRODUCTION The Sacramento Housing and Redevelopment Agency () is a joint City and County agency that serves as the Redevelopment Agency and
More informationUrban Development Department. Annual Report 2017
Urban Development Department Annual Report 2017 The Urban Development Department Mission To provide for the sustainable expansion of the community s prosperity, measured in terms of jobs and income growth,
More informationCase: Building on Economic Assets in Akron, Ohio after the Decline of the Tire Industry 1
Case: Building on Economic Assets in Akron, Ohio after the Decline of the Tire Industry 1 COMMUNITY PROFILE Once known as the rubber capital of the world, Akron has had to reinvent its economic base and
More informationFirst & Main A Blueprint for Prosperity in America s Local Communities
First & Main A Blueprint for Prosperity in America s Local Communities The corner of First & Main is where everything happens. Whether in a rural area, a tribal community, or a smaller city, First & Main
More information7/23/2013. Downtown Greenville s Success. Downtown Greenville s Success
Downtown Greenville s Success What makes Greenville unique and successful? Community development Public space Partnerships Greenville s experience is not just about downtown Jumping off place to surrounding
More informationECONOMIC DEVELOPMENT ACTION PLAN
ECONOMIC DEVELOPMENT ACTION PLAN 1 Delaware County 2 Growth of Delaware County Population Growth 1990 = 50,000 2016 = 193,013 2035 = 300,000 2040 = 350,000 3 American Economic Success Story Economic Comparison
More informationCITY OF TRENTON DEPARTMENT OF HOUSING & ECONOMIC DEVELOPMENT
CITY OF TRENTON DEPARTMENT OF HOUSING & ECONOMIC DEVELOPMENT REQUEST FOR PROPOSALS FOR THE REDEVELOPMENT OF THE FORMER IMANI CHURCH LOCATED AT 350 SPRING STREET (BLOCK 2502, Lot 1) AND PARKING LOT LOCATED
More informationCal Poly Pomona Request for Clarification for Lanterman Development Center Land Development Consultant RFC
Cal Poly Pomona Request for Clarification for Lanterman Development Center Land Development Consultant RFC 16-006 A. INTRODUCTION California State Polytechnic University, Pomona ( Cal Poly Pomona ), is
More information* Lease Information Package
Oswego County Business Expansion Center * Lease Information Package 44 West Bridge Street Oswego, NY 13126 (315) 343-1545 FAX: (315) 343-1546 ooc@oswegocountyorg wwwoswegocountyorg I GOALS AND OBJECTIVES
More informationPOLY HIGH REDEVELOPMENT PROJECT AREA FIVE-YEAR IMPLEMENTATION PLAN
POLY HIGH REDEVELOPMENT PROJECT AREA FIVE-YEAR IMPLEMENTATION PLAN Fiscal Year 2010 Fiscal Year 2014 (October 1, 2009 - September 30, 2014) CITY OF LONG BEACH REDEVELOPMENT AGENCY 333 West Ocean Boulevard,
More information168 th Street Redevelopment RFP. Information Session March 12, 2015
168 th Street Redevelopment RFP Information Session March 12, 2015 Agenda Introduction Project Overview Project Goals Site Description Jamaica Context & District Proposal Elements Economic and Workforce
More informationRequest for Proposals
Request for Proposals Big Bethel AME Church Campus Development Strategy October 21, 2013 Big Bethel AME Church 220 Auburn Avenue NE Atlanta, Georgia 30303 Introduction Big Bethel AME Church and Bethel
More informationFairfax County FY 2019 Advertised Budget The 2018 Economic Outlook Summit April 12, 2018 w w w. f a i r f a x c o u n t y. g o v / b u d g e t
Fairfax County FY 2019 Advertised Budget The 2018 Economic Outlook Summit April 12, 2018 w w w. f a i r f a x c o u n t y. g o v / b u d g e t FY 2019 Advertised Budget Context Focuses on priority requirements
More informationEconomic Development and Job Creation Programs in Minnesota
and Job Creation s in Minnesota Updated: November 2017 House Research Department Minnesota has a variety of programs designed to promote economic development and job creation throughout the state. The
More informationBlight & Brownfields Committee
Welcome to the Blight & Brownfields Committee November 17, 2016 http://www.meridenbiz.com/brownfields/ USEPA FY 2015 Assessment Grant-$200,000 Community Wide Assessments Current Activities Completed lead
More informationRE: Planning Case No: ZA CUB, ENV CE Project Address: 300 S Grand Ave, Los Angeles, CA 90071
www.dlanc.org P.O. Box #13096 Los Angeles, CA 90013-0096 Los Angeles Department of City Planning Office of Zoning Administration, 7th Floor 200 North Spring Street Los Angeles, California 90012 RE: Planning
More informationBoise Gateway. Industrial Park OFFERED FOR LEASE BTS. tokcommercial.com
OFFERED FOR LEASE BTS Eisenman road & freight street boise 83702 Boise Gateway Industrial Park Devin Pierce, SIOR 208.947.0850 Dan Minnaert, SIOR, CCIM 208.947.0845 Chris Baird 208.947.5508 A New Development
More informationTulsa Development Authority. Request for Proposal
Tulsa Development Authority Request for Proposal Development of East Latimer Street, between North Boston Avenue and North Main Street, Tulsa, Oklahoma 74106 Submit proposals to: O.C. Walker Executive
More informationBusiness Financing Programs
LOANS LO 1 - Land and building aqcuisition - Loans up to $2 Million - 2.00% Fixed Interest Rate - Adjusts Quarterly Real Estate - - R&D, Ag Processors - Computer Operation Center - Hospitality - Warehousing
More information