In the most sobering annual report to investors to date, Palm Coast Data parent Amrep Corp. raises numerous questions about the long-term viability of its operations as debt, recurring losses and competition burden its prospects–and those of what was once Palm Coast’s largest private employer.
Local Business
Florida Festivals and Events Association Hosting Workshop at Palm Coast’s Hilton Garden Inn
The Florida Festivals and Events Association (FFEA), the state’s primary professional organization for producers, vendors, and sponsors of festivals, fairs and special events, is hosting a workshop and seminar at the Hilton Garden Inn Palm Coast on Thursday, October 10, for all those interested either in learning the ropes or capitalizing on special events.
Aveo Engineering Set to Sign 40-Year Lease for Flagler County Airport Sites
Aveo Engineering, which plans to hire some 300 people by 2016, will pay $1,089 a month per acre, and intends to build two structures on up to a dozen acres at the south end of the airport, including a design and manufacturing plant.
Swipe 4 the Kids: Clerk of Court Gail Wadsworth Lauds New Credit Card Venture
It was an unusual endorsement from Gail Wadsworth, Flagler County’s clerk of court, before her Rotary Club Tuesday, but using her own office as an example, she touted the power of a new credit card transaction-fee company’s mechanism as an effective way for local businesses to raise large sums of money for their favorite children’s programs–at no new cost to businesses or customers.
Flagler Chamber Signals More Political Engagement With New Government Affairs Director
In the latest signal of the Flagler County Chamber of Commerce’s growing political profile, the chamber on Tuesday announced that it was creating the position of government affairs director, and appointing Gretchen Smith to fill it. Smith has been the chamber’s communications director since joining the chamber five years ago.
Palm Coast Tax Holds Even, But Council Tiring of Deficit-Ridden Golf and Tennis Operations
The Palm Coast golf course had a $50,000 deficit this year, the tennis center a $100,000 deficit, both covered by taxpayers, with more deficits expected ahead. Palm Coast City Council members are wearying of carrying both centers. But they’re not ready to end the subsidies, either.
Firehouse Subs Marks 10 Years in Palm Coast As Community Ties Aid Longevity
Monday afternoon Palm Coast’s Firehouse Subs celebrated its tenth anniversary, $8 million in business and considerable donations to local fire houses with visits from its core constituents—firefighters—but also company CEO Don Fox, Palm Coast Mayor Jon Netts, several other city council and county commission members, and of course franchise owner David Hause and his wife Melinda.
Home Sales in Flagler Hit Post-Recession High as Time On Market Declines and Prices Rise
Homes for sale in Flagler County have spent on average just 55 days on the market, also a post-recession low, while the median sale price of $155,000 in July in Flagler improved an impressive 7 percent on June’s median of $144,500, and 19.7 percent on the median price a year ago,
Florida Unemployment Stuck at 7.1% For 3d Month, Flagler’s at 10.3% On Low-Pay Jobs
The national economy, Florida’s and Flagler County’s might as well be the three twins of lethargy: all three economies are mirroring each other in fitful but anemic activity, adding some but mostly low-paying jobs as Florida’s unemployment rate remains at 7.1 percent for the third straight month and Flagler’s continues in the low double digits, at 10.3 percent.
Court Injunction Sought to Stop Palm Coast’s Tree Removal Around Palm Harbor Center
Calling Palm Coast’s tree removal illegal, resident Dennis McDonald filed an injunction in circuit court Thursday seeking to halt removals planned for road-widening and as part of a redevelopment of the Palm Harbor shopping center that may significantly alter the character of the area.
Cool to Sudden Roma Court Proposal, Flagler Sheriff Restates Preferences for Proximity
Flagler County Sheriff Jim Manfre was surprised by an unexpected proposal from the owner of Roma Court, the chronically vacant strip mall on Palm Coast Parkway, to lease the building to the county for sheriff’s operations, and cited several factors that fall outside his preferred options.
Why Palm Coast Is Alarmed: Vivint Home-Security Solicitors Dogged By History of Deception
It’s not just Palm Coast: Vivint faces recurring findings of deceptive practices and misrepresentation in several states, according to Better Business Bureau records. The company has agreed to settlement orders issued either by a court or by the state attorney generals of at least six states to end aggressive and misleading sales tactics similar to those reported in Palm Coast.
FPL and Duke Energy Customers Still Saddled With Costs of Failed or Future Nuke Plants
The Florida Public Service Commission on Monday approved an agreement with Juno Beach-based FPL that will charge residential customers 48 cents per 1,000 kilowatt hours of power for nuclear construction at least 10 years away. The PSC backed an increase of 89 cents for the same amount of power that will be added to monthly bills of Duke Energy customers starting in January 2014, for nuclear plants that’ll never be built.
Palm Coast Residents Complain About Vivint Home-Security Solicitors, But Company Disputes Claims
Residents say that solicitors for Vivint, the home security company, have told them they’ve been sent by Flagler County government or Palm Coast government to alert people that telephone lines in their area are being upgraded, and that the new telephone lines would no longer be compatible with the residents’ emergency systems. None of that is true, the city warns.
Again in Flagler, Gov. Scott Headlines Aveo Co.’s 300-Jobs Groundbreaking at Airport
If the 300 promised jobs are produced, landing Aveo Engineering in Flagler County will prove to be the largest single gain of private-employer jobs in memory, and an unqualified success for the county administration’s new economic development department under Helga van Eckert. But the company is getting generous incentives beyond the $150,000 in cash for jobs retained.
Nielsen’s Aveo Engineering Taxies to Take Off at Flagler Airport in County’s Latest Jobs Coup
It’s been billed as a secret, jobs-producing company the county administration’s economic development team will unveil at the Flagler County Airport Tuesday morning, but there’s little secret about it: Aveo Engineering, a maker of LED light products in the aeronautic industry, is bringing some 300 jobs to the airport.
Appraisals for Old Hospital Place Value at $1.5 Million as County Moves Toward Acquisition
The county wants to buy the old hospital in Bunnell for $1.23 million and use it as an HQ for the sheriff. Two independent appraisers have placed the market value of the old 81-bed hospital at $1.5 million, and an engineering firm that surveyed the hulking 60,000 square-foot property found no overt issues with the building aside from asbestos. A private consortium bought the building for $750,000 in 2003.
Boycott Florida Movement Grows in Protest Of Stand Your Ground and Zimmerman Verdict
The boycott-Florida movement has quickly grown on social media and with such headliners as Stevie Wonder while Gov. Rick Scott and the state’s business groups downplay the effectiveness of the effort, which could nevertheless hurt the state’s tourism and convention business.
Traffic Disruptions at Florida Hospital Flagler as Parking Lot is Resurfaced
Florida Hospital Flagler is in the process of sealing and re-striping its parking lots and driveways over the next 30 days, covering the better part of July.
After Pledging to End $20,000 Request, Second Harvest Asks Flagler To Double It Instead
Two years ago Second Harvest pledged that the annual $20,000 it was receiving from Flagler County government to pay for a food stamps outreach program would end this year. Instead, the agency today asked the county commission for $40,000.
Palm Coast Sours on Traffic Cameras, Calling Fines “Outrageous,” “Overkill” and “Unfriendly”
In a surprising and radical shift, Palm Coast City Manager Jim Landon used harsh words to describe the city’s red-light camera program, saying that while the system makes intersections safer, its harsh punishments are out of proportion with the crime, and Palm Coast’s drivers–and the city’s image–are suffering as a result. But he is less clear on how to improve the system, which he does not want dismantled.
Flagler Unemployment Ticks Up to 9.5% and Florida Sees Net Loss of 6,200 Jobs
Flagler County’s and Florida’s jobs picture in May reflected the nation’s as the economy appears to sputter more than to gain momentum, though longer-term trends remain encouraging, including a 2 percent jump in Flagler’s labor force over the month.
President’s Service Award Crowns Flagler County Rotarians for 2nd Time in 6 Months
The 15 recipients honored Tuesday evening at the Hilton Garden Inn double the Rotarians who have received the President’s Service Award during Rick Staly’s tenure at the head of the local club. Staly will be replaced by Bill Lyon on July 1.
Flagler Approves $150,000 in Incentives for LED Company That Would Bring 300 Jobs
The secret company to which Flagler County agreed to offer the $150,000 incentive for 300 jobs over three years appears to be Aveo Engineering, a registered business in Palm Coast under the ownership of Navy veteran Christian Nielsen.
How Bank of America Regularly Lied to Homeowners and Rewarded Foreclosures
Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees.
“That’s Crap,” McGrew Tells Fuego Del Mar Owner After Accusation of Business Unfriendliness in Flagler Beach
When Fuego Del Mar Restaurant owner Nicolas Kimball accused the city of wanting businesses to be successful only up to a point, Flagler Beach Commissioner Joy McGrew shot back, sharply and unapologetically, setting down a marker against repeated accusations of business unfriendliness.
Pressure Building on Scott to Sign–Or Veto–Bill Forbidding Local Sick-Leave Standards
Florida’s business lobby supports a bill that would forbid local governments from letting voters decide whether to require more generous sick-leave policies from employers than state or federal law requires.
Flagler County Will Buy 11 Billboards on A1A and I-95 and Eliminate Most of Them By 2016
The Flagler County Commission agreed to buy 10 billboards on A1A and one on I-95 for $140,000, and eliminate all but three by 2016, retaining the one on I-95 and two on A1A to promote the county’s tourism and economic development efforts.
Radiology Associates’ Al Falco Is Named Fellow at National Conference
Al Falco, CEO of Daytona Beach-based Radiology Associates was awarded the highest honor in the field of Radiology business management – Fellow of the Radiology Business Management Association (RBMA), for his significant contributions to the RBMA and his profession.
Dismissing Affordable Housing Prejudices, Palm Coast Approves Brookhaven Apartments
The Palm Coast City Council Tuesday approved 4-1 the 45-acre, 117-unit Brookhaven apartments development in Town Center, which will provide housing to lower income residents and walkability to nearby areas.
Ken Mattison Named Florida Hospital Flagler CEO, Switching With Ottati in Swift Succession
Ken Mattison, for 16 years the CEO at Adventist Health’s Florida Hospital Waterman, has been named to take over for David Ottati at Florida Hospital Flagler, a $156 million business with 1,017 employees in 2011. Ottati will assume Mattison’s position at Waterman, a $205 million hospital with 1,879 employees.
Sheriff Opens Palm Coast Precinct at City Market Place, Halving Cost, Not Space Needs
On Friday, the Sherif’s Office office opened its newest Palm Coast precinct, at City Market Place, a two-storefront 2,600-square foot space at $2,.000 a month that’ll add new life to the struggling shopping center in the heart of town, and a few doors down from the Palm Coast city offices.
Florida Hospital CEO David Ottati, Major Force in Local Economy, Leaving for Tavares
David Ottati, the CEO at Florida Hospital Flagler for the past seven years, where he oversaw a vast expansion that increased hospital employment past 1,000 and helped cushion the local economy’s severe downturn of the past few years, will be leaving the hospital to take a new post as CEO of the 269-bed Florida Hospital Waterman in Tavares, in Central Florida, in early June.
Flagler’s Tourism Industry Takes Its Pulse, Declares Itself Healthy, and Cheers Its “Heroes”
In Flagler County, 2,600 people work in tourist businesses, which have weathered the recession and are seeing strong, sustained activity. Flagler County’s annual Hospitality Employees Recognition of Excellent Service (or H.E.R.O.E.S.) awards lunch at the Hammock Beach Resort Thursday was an occasion for the county’s tourism industry to cheer its own.
Can’t Say It’s Not Producing: Flagler’s Economic Arm Lands 4th Firm in 11 Months
Gioia Sails South, a supplier of boat interiors for Sea Ray Boats, will move 30 jobs to Palm Coast and create 10 more in the coming year, the latest success for the county’s Economic Development Council.
Forget Rio: Palm Coast Lands Soccer Academy in Planned Expansion of Economic “Niche”
The New Jersey-based Player Development Academy will build up to six fields on 65 acres west of U.S. 1 that will link with the Indian Trail Sp[orts Complex–and with Palm Coast’s sports-niche market, which has turned into an engine of economic development.
County Is Negotiating Acquisition of Old Hospital in Bunnell for New Sheriff’s HQ
Memorial Hospital Flagler’s dead years may be over if its current owners, who are politically well connected locally, can agree on a sales deal to Flagler County. The property is listed for sale at $1.75 million. It was acquired in 2006 for $750,000.
Publix’s Profitable Accommodation With Poverty: Not a Penny More for Tomato Pickers
The Coalition of Immokalee Workers has been trying for years to get Publix to join the Fair Food Coalition, in which suppliers and purchasers agree to pay the workers a penny more per pound of tomatoes picked. Publix won’t even meet with the workers.
Milestone: Flagler’s Unemployment in Single-Digits, at 9.5%, for 1st Time in 5 Years
For the first time since June 2008–almost five years–Flagler County’s unemployment has fallen back to single digits, registering 9.5 percent in March as the local economy continued to mirror the state’s and the nation’s, improving slowly but steadily.
Flagler Spirits: Nothing Micro About This Palm Coast Distillery’s Whiskey Rebellion
Jimmy Day’s Flagler Spirits micro-distillery in Palm Coast is part of the nation’s boom in a niche industry that develops specialty regional products, like Day’s whiskeys, vodkas and rums. He’s producing and marketing 1,000 gallons a month from his Hargrove Grade plant.
Sports Welfare’s Engines: Lawmakers Prep $60-Million Tax Break to Daytona Speedway
A measure that could land more than $60 million in sales tax rebates for the Daytona International speedway was unanimously supported by the Senate Commerce and Tourism Committee on Monday, allegedly to keep the speedway “relevant.”
As Florida Bans Internet Cafés, Palm Coast’s Lingering Joints Place Last Bets on Eulogies
A FlaglerLive reporter, $50 in hand, made a tour of Palm Coast’s Internet cafes, only to find most of them closed already, and a mournful atmosphere at two that were open, not long before a bill banning the small gambling halls was sent to Gov. Rick Scott Thursday.
Les Jeux Sont Faits: Gov. Scott Will Sign Internet Cafe Ban
Gov. Rick Scott will sign legislation prohibiting the gaming at Internet cafés, his office said Thursday, following the Senate’s Senate’s 36-4 passage of a bill that flew through the Legislature spurred by an on-going racketeering investigation, and pushed by Sen. John Thrasher, who represents Flagler County.
Florida’s Beer and Wine Regulations’ Outdated Boon to Booze Industry
Florida’s booze industry protects its territory with seemingly sensible-sounding arguments about keeping the flow regulated, taxed and as orderly as possible. In reality, they want laws to make that flow financially safe for themselves, not for the public at large.
As Local Governments Tackle Candy-Flavored Tobacco, Teen Trends Contradict Alarm
Palm Coast, Bunnell and Flagler Beach have each passed a resolution asking merchants not to sell flavored tobacco products, which are especially appealing to youths, but teen use of tobacco products (including smokeless tobacco) has been on the decline since the mid-1990s.
House Votes 108-7 to Ban Internet Cafes; Impact in Palm Coast Will be Limited
Palm Coast at one point had nearly a dozen such businesses. Last week it had seven. This week, according to Palm Coast Mayor Jon Netts, the number was down to three, as several of them closed pre-emptively.
Tightening Vise on Internet Cafes, Senate Panel Follows House to Ban Them in Florida
The vote moves the Senate closer to outlawing the cafes and arcades, a proposal that was approved by the House last year but never reached the Senate floor. The proposal drew concerns about the potential impact on other amusement games used by charities and amusement arcades.
Internet Cafe Ban Picks Up Steam as House Committee Closes In on “Skills” Loophole
The new law would end a gray area in state statutes used by operators of Internet cafes that the games are contests of skill and that the contests are similar to regulated sweepstakes offerings by places like McDonalds, Coca Cola, Chucky Cheese and churches.
Sen. Thrasher Calls for Outright Shut-Down Of Internet Cafes in Wake of Scandal
Sen. John Thrasher, an influential senator who represents Flagler County, and who has sought to place a moratorium on new Internet cafes, said Wednesday that criminal allegations of racketeering and other wrongdoing in the industry should spur lawmakers to close the storefront businesses.
Lt. Gov. Carroll Resigns as Internet Cafe Scandal Sweeps Florida–and Palm Coast
As Flagler County Sheriff’s deputies were serving a search warrant on the Internet Cafe in the Home Depot shopping center, Lt. Gov. Jennifer Carroll was resigning in connection with the scandal, which has led to Allied officials’ arrests.