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CBIRS Request 55
 
Community Budget Issue Requests - Tracking Id #55
EXPONICA INTERNATIONAL 2008
 
Requester: Eduardo Arroyo Organization: Exponica International
 
Project Title: EXPONICA INTERNATIONAL 2008 Date Submitted 12/21/2007 11:27:20 AM
 
Sponsors: Diaz de la Portilla
 
Statewide Interest:
The Exposition increases the international, commercial and financial relations between Florida and Latin America.
 
Recipient: Exponica International, Inc.   Contact: Eduardo Arroyo  
  8250 West Flagler Street, #114   Contact Phone: (305) 227-2929  
  Miami 33144   Contact email: eduardoarroyo@exponica.
 
Counties: Miami-Dade
 
Gov't Entity:   Private Organization (Profit/Not for Profit): Yes
 
Project Description:
The economic impact that this event represents is $14,000,000 (fourteen million) to the State of Florida
 
Is this a project related to a federal or state declared disaster? No
 
Measurable Outcome Anticipated:
Funding this event will help increase the economic impact to Floridians by improving the shows and bringing more out-of-state visitors, which will increase the revenue to the tourism-related industries
 
Amount requested from the State for this project this year: $840,000
 
Total cost of the project: $1,170,000
 
Request has been made to fund: Operations
 
What type of match exists for this project? Local, Private
  Cash Amount $42,500   In-kind Amount $385,000
 
Was this project previously funded by the state?   Yes
  Fiscal Year: 2002-2003 Amount: $100,000
 
Is future-year funding likely to be requested?   Yes
  Amount: $840,000 To Fund: Operations
 
Was this project included in an Agency's Budget Request?   No
 
Was this project included in the Governor's Recommended Budget? Unknown
 
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)?   No
 
Is this a water project as described in Section 403.885, Laws of Florida?   No