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Community Budget Issue Requests - Tracking Id #36 |
Establishment of a State University Branch Campus |
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Requester: |
Arnold Kempe, Mayor |
Organization: |
City of Cape Coral |
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Project Title: |
Establishment of a State University Branch Campus |
Date Submitted |
1/14/2003 12:45:22 PM |
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Sponsors: |
Saunders |
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Statewide Interest: |
A major objective of a college or univerity is the development and provision of educational, cultural, professional, technical and vocational services to the community. Universities contribute to regions through four main avenues:
-Universities earn income, spend that income and attract students who also spend. This has direct and multiplier or flow-on effects.
-Universities undertake research and development that could be focused on regional issues and/or have commercial application.
-Universities educate the labor force. This in turn can assist in attracting industry to a region and assist in the cultual and social development of the region.
-Universities can contribute to the social and cultural life of the region. They provide infrastructure, fulfill community service obligations and provide community volunteers. |
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Recipient: |
City of Cape Coral |
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Contact: |
Terri Hall |
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PO Box 150027 |
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Contact Phone: |
(239) 574-0446 |
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Cape Coral 33915 |
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Counties: |
Lee |
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Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
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Project Description: |
Planning and feasibility study, site plan and architect's rendering to establish a State University Branch Campus. |
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Is this a water project as described in Chapter 2002-291, Laws of Florida? |
No |
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Measurable Outcome Anticipated: |
Based on a May 2002 Research Study for each dollar of State support, Universities collectively generate $26 of economic impact. Few, if any, other public investments realize a rate of return of this magnitude. |
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Amount requested from the State for this project this year: |
$400,000 |
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Total cost of the project: |
$400,000 |
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Request has been made to fund: |
Construction |
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What type of match exists for this project? |
None |
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Cash Amount |
$ |
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Was this project previously funded by the state? |
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No |
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Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$2,700,000 |
To Fund: |
Construction |
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Was this project included in an Agency's Budget Request? |
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No |
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Was this project included in the Governor's Recommended Budget? |
No |
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Is there a documented need for this project? |
Unknown |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Lee County Delegation |
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Hearing Meeting Date: |
12/16/2002 |