In a closed-door session, the Flagler Chamber of Commerce is hosting a delegation from Enterprise Flagler today to discuss economic development plans that would be publicly funded and publicly governed.
Economy
Palm Coast Council Shocked, Shocked To Hear It Ever Had $10 Million for City Hall
The Palm Coast city administration now says that it never had $10 million to build a city hall. The copious record on the matter says otherwise, raising questions about the city’s numbers and verbal shell games.
Condo No-Go: Florida Cabinet Sides With Flagler County Over Hammock Dunes
In a victory for Flagler County, the Florida Cabinet unanimously approved a judge’s order that blocks Ginn-Lubert Adler’s plan to build an oceanfront condominium and hotel at Hammock Dunes, near the 16th Road public park and beach.
Hammock Dunes Showdown: Flagler and Developer Battle Before Florida Cabinet
Ginn-Lubert Adler and investors want to build a 77-foot hotel and significantly increase the residential density in an area adjoining the public beach by 16th Rd. in the Hammock. Flagler County is opposed. The two sides are arguing their case before the Florida Cabinet today.
Palm Coast Data CEO John Meneough Resigns After 15 Years As Company Struggles
John Meneough, 62, had been with Palm Coast Data in its various incarnations since 1996. A successor has not been named. Meneough’s resignation is part of broader changes at Palm Coast Data parent Amrep Corp.
Palm Coast’s Fireworks, Canceled on July 4, Are Now Leveraged Over 3 Fall Dates
The $15,000 subsidy to Palm Coast will be split over fireworks shows on Labor Day and the two evenings of the city’s seafood festival in early November.
Public Employees Retire in Droves as Florida Pension System Narrows Incentives to Work
About 10,100 people chose to enter retirement or exited the state’s deferred retirement plan ahead of new laws kicking in on July 1, an increase of more than 900 people from the same time last year.
GMAC Mortgage Machination: Don’t Have Document to Foreclose? Make It Up
When GMAC, one of the nation’s largest mortgage servicers, sought to foreclose on a homeowner last year and lacked a crucial document, the company just made one up, pointing to a pattern of deceptive filings to foreclose on homeowners.
With or Without Palm Coast, County Would Lead New Economic Development Council
The county’s proposal would mean the end of Enterprise Flagler and the creation of a 9-member council chaired by the county, with cities and private-sector membership overseeing a $410,000 budget. Palm Coast’s buy in is a question mark.
Health Reform Won’t Slow Costs as Spending on U.S. Care Nearly Doubles by 2020
U.S. Health spending will grow by an average of 5.8 percent a year through 2020, compared to 5.7 percent without the health overhaul. With that growth, the nation is expected to spend $4.6 trillion on health care in 2020, nearly double the $2.6 trillion spent last year.