Palm Coast’s business park partnership program would entail spending significant taxpayer resources to develop construction-ready sites in partnership with private property owners, as bait for future commercial activity.
Business & Economy
The unemployment rate locally and statewide appears to be trending downward consistently and finally following the national trend, which has been improving for most of the past year.
The one-time impact fees developers pay when they build something would be lower for residential construction. Builders would get discounts for paying up front, or get to pay them on an installment plan.
While Flagler County is still at the top of the unemployment chart in the state, improvements suggest that job creation is finally reaching Florida, which added 22,000 net jobs. Flagler’s employed grew by 360.
The same five “strategic goals” were hashed over again in the third day of an economic development summit, and a fourth was scheduled in May, for yet another $7,000 for “facilitator” Don Upton, bringing his tax-funded total to $30,000.
Palm Coast Data revenue fell $15.7 million in the last nine months, compared with the same period a year earlier as trouble for the company and its parent, Amrep, continue.
Australian company Rapid Nutrition is looking for a home for its US headquarters. It chose Fort Myers over Palm Coast. Fort Myers was willing to write the company a blank check at taxpayers’ expense. Palm Coast was not.
It was left up to Palm Coast City Manager Jim Landon to remind the assembled that slogans don’t make economic development policy, and unity of message is still far from a given in a county with diverse interests and constituencies.
Day one of the summit produced generous and optimistic self-evaluations from some 60 elected and had-picked representatives of local governments, but no breakthrough on fundamental differences on economic development financing or leadership.
Frank Meeker, the Palm Coast city councilman, frames the next countywide economic development summit in a set of questions–and a few answers of his own.