Last night, CMPA/City of Pensacola reached agreement with the proposed master developer, Maritime Park Development Partners. The agreement needs approval by the CMPA board and the Pensacola City Council.
INVEST PENSACOLA This is a radical idea, one that really requires people thinking “outside of the box.” Why we don’t have the city pension funds invest in the Community Maritime Park by buying the CRA bonds? The city general, fire and police funds total nearly $200 million. They lost more [...]
Dead birds are dotting the sidewalk along South Palafox Street. It's a strange, eerie sight. None have been given parking tickets...yet.
There will one permanent marker of this City's 450th Celebration - the DeLuna statue at the foot of Palafox. Fiesta of Five Flags/Celebrate Pensacola are selling engraved pavers - starting at $100 - that will be placed at the base of the statue. There are only 350 available at this price and they [...]
There are rumblings that Escambia County Superintendent Malcolm Thomas will be moving his people into Administration. Several Jim Paul people will be not have their contracts renewed or will be demoted. Some of the changes should be expected. Thomas made no big staff changes when he took office and [...]
From Jerry Maygarden: COMMUNIQUE CAPITOL HILL GROUP Wednesday, March 04, 2009 TALLAHASSEE—The process for distributing federal stimulus funds to state and local governments remains elusive. Moreover, the State of Florida does not seem to have a clearly defined methodology for [...]
NY Times has a cool graphic - The Geography of a Recession Escambia County has the worst unemployment in the area: Escambia County, FL 7.7% Santa Rosa 7% Okaloosa 6% Walton 5.8% Baldwin, AL 5.7% Mobile, AL 6.5%
As I reported earlier, County staff is recommending that the Chimes Way Park Design project be awarded to the Hilton Head Island firm Wood+Partners. On December 11, 2008, local engineer Frank Fabre protested the award in a letter to Paul Nobles, county purchasing supervisor. Fabre points out to [...]
At its committee meetings last week, City Finance Director Dick Barker told the Pensacola City Council that the city pension funds have lost about another $40M in value since Sept. 30, 2008.
Bloomberg.com reports: Public pensions in the U.S. had total liabilities of $2.9 trillion as of Dec. 16, according to the Center for Retirement Research at Boston College. Their total assets are about 30 percent less than that, at $2 trillion. With stock market losses this year, public pensions in [...]
Ed Fleming, who represented the Community Maritime Park Associates, has issued this statement on Judge Frank Bell's ruled in favor of the CMPA: Judge Bell did precisely what a judge's oath requires him to do;he applied the law as written by the legislature to the facts before the Court. He [...]
We asked Patty Sheldon , administrator for Financial Services for Escambia County Clerk of Court and Comptroller, to compare the county's payroll for the first quarter of this fiscal year (Oct-Dec 2008) with last year's first quarter to see if Escambia County did save money by offering it's senior [...]