Miami-Dade Legislative Item
File Number: 050046
Printable PDF Format Download Adobe Reader  

File Number: 050046 File Type: Resolution Status: Adopted
Version: 0 Reference: R-190-05 Control: County Commission
File Name: FUNDS TO MIAMI FREE ZONE Introduced: 1/6/2005
Requester: NONE Cost: Final Action: 2/1/2005
Agenda Date: 2/1/2005 Agenda Item Number: 10A7SUBSTITUTE
Notes: Title: RESOLUTION REQUESTING MATCHING FUNDS IN THE AMOUNT OF $12,500 TO THE MIAMI FREE ZONE TO OFFSET RELOCATION AND STARTUP COSTS IN THE MIAMI FREE ZONE FOR AGENCIA DE PROMOCAO DE EXPORTACOES DO BRASIL, AND FURTHER REQUESTING THE COUNTY MANAGER TO IDENTIFY SAID FUNDING
Indexes: FUNDING SOURCE
  MIAMI FREE ZONE
Sponsors: Jose "Pepe" Diaz, Prime Sponsor
Sunset Provision: No Effective Date: Expiration Date:
Registered Lobbyist: None Listed


Legislative History

Acting Body Date Agenda Item Action Sent To Due Date Returned Pass/Fail

Board of County Commissioners 2/1/2005 10A7 SUBSTITUTE Adopted P
REPORT: Commissioner Diaz provided a brief overview of the foregoing proposed resolution and stated that 300 companies would be incubated into the Free Zone which would create a large number of jobs within Miami-Dade County. He emphasized that the $12,500 would be directed to the Free Zone, not to Agencia De Promocao De Exportacoes Do Brasil. Commissioner Diaz stated that dialogue would be conducted with the Beacon Council to establish criteria governing this type of funding request. County Manager Burgess recommended that the $12,500 to fund this project be taken from the County’s Grant Match Reserve funds. Commissioner Sosa asked the County Manager to develop a system to monitor allocations made to vendors for the revitalization of the County’s economic development for the creation of jobs in Miami-Dade County. Following discussion, the Board by motion duly made, seconded, and carried by majority vote, adopted the foregoing proposed resolution.

Board of County Commissioners 1/20/2005 10A6 SUBSTITUTE Deferred 2/1/2005

County Manager 1/14/2005 Deferrals 1/20/2005
REPORT: Requesting deferral of this item to February 1, 2005 BCC meeting.

County Attorney 1/6/2005 Assigned Murray A. Greenberg 1/13/2005

Legislative Text


TITLE
RESOLUTION REQUESTING MATCHING FUNDS IN THE AMOUNT OF $12,500 TO THE MIAMI FREE ZONE TO OFFSET RELOCATION AND STARTUP COSTS IN THE MIAMI FREE ZONE FOR AGENCIA DE PROMOCAO DE EXPORTACOES DO BRASIL, AND FURTHER REQUESTING THE COUNTY MANAGER TO IDENTIFY SAID FUNDING

BODY
WHEREAS, Brazil is Florida's and Miami-Dade's largest trade partner with a $9.2 billion dollar impact to our economy in 2003; and
WHEREAS, Brazil is home to over one half of Latin America's Fortune 500 companies and Florida and Miami are home to hundreds of Brazilian companies and thousands of Brazilian residents; and
WHEREAS, Agencia de Promocao de Exportacoes do Brasil (APEX) is the official export promotion agency of Brazil and is charged with leading Brazil's national objective of increasing exports to the US from $28 billion to $100 billion annually; and
WHEREAS, APEX is seeking to establish a distribution center from which to launch Brazilian products into the US, and is considering both Miami and Atlanta for this facility; and
WHEREAS, APEX will seek to provide an incubator setting for some 300 Brazilian companies, who would initially share warehouse and showroom space, and later spin off into their own facilities once markets for the companies' products are more firmly grounded; and
WHEREAS, Atlanta has reportedly offered APEX an attractive package of incentives that would include reduced rents ($6.50 per square foot, vs. an at-cost rate of $9.00 at the Miami Free Zone), and funds for relocation; and
WHEREAS, while APEX may well prefer a Miami location over Atlanta, the agency needs to be able to justify to its constituents that Miami can be competitive with Atlanta in terms of cost, interest in attracting the project, and goodwill; and
WHEREAS, APEX and Miami Free Zone officials have indicated that a specially tailored incentive package in the amount of $12,500 equal match from the State of Florida Closing Fund; may be enough to offset their relocation and startup costs and attract this important project to Miami; and
WHEREAS, this project will result in the possibility of hundreds of indirect jobs and jobs from Brazilian companies sponsored by APEX, as well as millions of dollars in trade and other services injected into the local economy; and
WHEREAS, Apex's interest in Miami Dade County enhances Brazil's endorsement of Miami as the "Gateway of the Americas" and will help the County's goal of acquiring the FTAA Permanent Secretariat,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that this Board recognizes the importance of free trade, the County's efforts to become the Secretariat of the FTAA, its impact on Miami-Dade County, and authorizes the funding of $12,500 to offset the relocation and startup costs and attract this important project to Miami-Dade County instead of Atlanta, and directs the County Manager to identify said funding.



Home  |   Agendas  |   Minutes  |   Legislative Search  |   Lobbyist Registration  |   Legislative Reports
2014 BCC Meeting Calendar  |   Miami-Dade County Code of Ordinances   |   ADA Notice  |  

Home  |  Using Our Site  |  About Phone Directory  |  Privacy  |  Disclaimer

E-mail your comments, questions and suggestions to Webmaster  

Web Site 2014 Miami-Dade County.
All rights reserved.