Six-figure deficits that taxpayers have subsidized year after year have riddled the budgets of Palm Coast’s Palm Harbor Golf Club and its tennis center since they opened.
Local Business
Palm Coast Begins Conversion to LED Street Lights In Latest Push For Conservation
Palm Coast won’t retrofit its 3,000 street lights to LED just yet, but all new installations will be LED, and in a year or 18 months may consider a broader retrofit program if the investment shows solid savings over time.
South and West Palm Coast Getting 2, Possibly 3 New Gas Stations, With First Opening in June
A gas station on Pine Lakes Parkway and Wynnfield Drive will open in June while Race Trac is securing permits to open a station on SR100 and Seminole Woods Boulevard.
DSC’s Kristy Presswood Is “Fearless and Focused” Series Speaker at Feb. 12 Lunch
For $15 a spot, “The Importance of Education in the New Economy” is the topic for the Palm Coast Business Assistance Center’s first “Fearless and Focused: Women in Business” Lunch n Learn for 2015.
County Approves Salamander’s Bid For 198-Room Hotel, With Conditions and Donations
The Flagler County Commission’s verdict, just before 2 a.m. Tuesday, includes some last-minute promises of land and dollars from Salamander, and a four-year deadline to build the $72 million project.
Salamander’s Hammock Beach Hotel: An Invitation to Future Prosperity in Flagler
Tim hale, a Palm Coast business owner and Hammock resident, argues that Flagler County’s economic future is intertwined with Salamander’s proposed 198-room hotel at Hammock Beach.
FPL Reports 2014 Profits of $1.52 Billion as It Announces Solar Power Expansion
FPL, which provides electricity to most residences and businesses in Palm Coast and Flagler County, reported net income, or profits, last year of $1.52 billion, or $3.45 a share, up from $1.35 billion, or $3.16 a share, in 2013.
Ray Peter Takes Over for Joe Roy at Palm Coast’s Business Assistance Center
Raymond Peter, 68, a consultant and certified business analyst at the Palm Coast office, takes over region’s management of the Florida Small Business Development Center at UCF. Roy remains in a diminished capacity.
No Surprise: Florida’s Economic Development Agency Wants Tax Subsidies for Daytona Speedway, Jaguars and 2 Other Sports Venues
Daytona International Speedway is seeking $3 million a year for 30 years to subsidize its operations, the NFL’s Jacksonville Jaguars have asked for $1 million a year for three decades.
Flagler Unemployment Falls to 7.6%, Lowest Since April 2008, as State and Nation Improve
Flagler County’s better numbers in December are clouded by the fact that they are not do to healthier job creation, but rather to a decreasing in the county’s labor force.