Great lifestyle in a waterfront condo in Florida. Amenities include boat docks, private beach pavilions "on the sand," nice social life. Enjoy warm, balmy beautiful days. Short walk to the beach. Imagine waterfront dining at dusk. Life is relaxing. Find a variety of interests to pursue. See available condo units at www.FloridaLuxuryCountryClubHomes.com. MARILYN KNOWS THE WATERFRONT, and will find you THE HOME OF YOUR DREAMS or sell your property for the highest price in the fastest time!
Tuesday, December 25, 2007
BOOKSTORE and ZED 451 RESTAURANT COMING TO MIZNER PARK
Monday, December 24, 2007
DELRAY BEACH CRAFT FAIR DEC 29 & 30
Friday, December 14, 2007
MOST EXPENSIVE PALM BEACH COUNTY CONDO IN HIGHLAND BEACH
Saturday, December 08, 2007
ISRAELI SECURITIES APPROVED AS COUNTY INVESTMENT
Tuesday, November 20, 2007
THINKING ABOUT A NEW LIFESTYLE IN A GATED COUNTRY CLUB?
Life is GOOD at The Boca Raton Polo Club, a posh, busy, active environment with 2 championship golf courses, active tennis program, swimming, star-studded events, clubs with many interests, special interests including a singles group and children’s activity center and a world-class spa. Come and see this elegantly updated easy-to-manage 2000 sq ft lakefront home with 3 bedrooms, 3 baths. Lush tropical landscaping. Walk to community pool. Price lowered to $699,000 (original price: $899,000!). Friendly community. Mandatory membership dues and fees. For more details call agent/owner Marilyn Farber Jacobs at 561-302-3388 or email marilynfjacobs@gmail.com for more information. Come and see the lifestyle… you owe it to yourself… see the some of the very best that life has to offer…
Saturday, November 17, 2007
FAU PRESENTS “THE NUTCRACKER” BY BOCA BALLET
The 16th annual production of “The Nutcracker” will be held November 23-25 at the FAU Theatre. NYC’s American Ballet Theatre dancers Sara Smith and Jared Matthews will be dancing in the production. Smith began her first serious ballet training at Boca Ballet Theatre at age 11, and later attended the Harid Conservatory for four years on full tuition scholarship, and then receiving a scholarship to train at the Joffrey Ballet School in NYC. She next attended Indiana University with a merit scholarship, majoring in ballet performing and nutrition science, and dancing as the Sugar Plum Fairy in The Nutcracker and Odette in Swan Lake. In January 2004 Smith joined the American Ballet Theatre as an apprentice. Jared Mathews studied at the North Carolina School of the Arts summer program and with scholarships attended summer intensives at Joffrey Ballet School and School of the American Ballet. In April 2003 he became a member of the corps de ballet of the American Ballet Theatre and was promoted to solist in July 2007. Performances are scheduled at 7 pm Friday November 23, 2 pm and 8 pm on Saturday, November 24 and 2 pm on Sunday, November 25. Tickets are $30 for adults, $25 for children and seniors. Call 561-995-0709 or go to www.bocaballet.org. The Boca Ballet Theatre Volunteer Guild is holding a Gingerbread Ball after both matinee performances, including punch and cookies and a change to meet and get autographs from the dancers. Tickets are $6 and must be purchased in advance, with limited availability. |
Sunday, November 04, 2007
South Palm Beach Council Rejects Plan to replace Inn with Condos
Monday, October 22, 2007
NATIONAL TRUST HISTORIC HOTELS WELCOMES BRAZILIAN COURT IN PALM BEACH
Citing its history and ambiance, the Brazilian Court, a condominium-hotel that is a favorite Palm Beach landmark, has joined the National Trust Historic Hotels of America, under the auspices of the National Trust for Historic Preservation. There are 200 hotels and resorts in the US that the organization acknowledges for preserving and maintaining historic integrity, architecture and ambience. Built in 1926, and designed by Rosario Candela (who built luxurious Manhattan apartments) the hotel’s south wing was added by Maurice Fatio and William Treanor in 1936. Multi-million dollar improvements were made, starting in 2002 and are now in the final phase. A central see-through lushly landscaped courtyard links the marbled lobby on Australian Avenue with an arched portico on Brazilian Avenue. A barrel-tile roof is accented with cantilevered wrought-iron balconies. The interior “speaks of Provence,” and complements the hotel’s Tuscan-villa roots. Stars who stayed there include Gary Cooper, Greta Garbo, Tommy Lee Jones and designer Bob Mackie and Marjorie Merriweather Post. Featured in the hotel are CafĂ© Boulud and the Frederic Fekkai Salon and Spa.
Monday, October 15, 2007
Customers of Avis, Budget and Hertz will pay daily fees of $2-$2.50 using “Plate-Pass” with charges billed to credit card of renter. “Rent-A-Tollpass” can be used with Dollar and Thrifty for a flat daily fee of $5.95 per rental day or $27.95 weekly with all toll charges included. These agreements are between Florida’s Turnpike Enterprise and American Traffic Solutions and Rent A Toll, Ltd. License plate information will identify the vehicles and electronically collect the toll. In it’s current newsletter, SunPass states that open road tolling will soon be available in 4 turnpike plazas – Lantana, Cypress Creek, Bird Road and Homestead Toll Plaza with plans to add this feature to other turnpike plaza areas. This will entail removal of the concrete islands (barriers, gates and columns) and adding new toll equipment structures and equipment so that cards with SunPass transducers can keep traveling at speeds of 55 mph instead of the current designated speed limit of 25 mph. Go to http://www.sunpass.com/ to update your license plate, check account balance, replenish your account, update your contact info and answer survey questions. Did you know that Florida’s Turnpike Enterprise invested $7.5-MM for generators for all service plazas giving full power for 72 hours without refueling, for use during hurricanes, and has external defibrillators available? Construction updates and real-time traffic info is available at http://www.floridasturnpike.com/. Another site for traffic info is http://www.traffic.com/.
Sunday, October 14, 2007
FIRST BOCADOG WALK – BRING ALONG YOUR POOCH
Do you and your dog look alike? Is yours very small, very large, or very talented? Come to the Canine Carnival and the First BocaDog Walk on Saturday, November 3, 2007 at Mizner Bark, Banyan Trail in Boca Raton and you and your pooch might win a prize! There will be vendors, contests, prizes, and demonstrations. $25 registration fee for you, and the pooch has free admission. Your pooch will get a goodie bag! Registration is at 8:30 am. Walk begins at 9:30 am. Canine Carnival is from 10:30 am to 2 pm. Prizes will be awarded for Best Dressed, Owner/Dog Look Alike, Best of Show, Biggest, Smallest and Most Talented. For more info call 561-305-3351 or go to www.BocaDogMagazine.com/CanineCarnival
Saturday, October 13, 2007
NARRATED BUS TOUR OF DELRAY BEACH HISTORIC DISTRICT
COLLAGES AND QUILTS TO BE DISPLAYED
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Monday, October 08, 2007
WATER, WATER EVERYWHERE…
Alas, all the sand-renourished beach areas in the county have been returned to the ocean by abnormal winds and tides, leaving behind long buried groins, rocks, tree stumps and revetments. Stairs, lifeguard stands and building foundations have also been removed. Nearby parking areas and parks have been flooded. Millions of tons of sand are gone, ensuring death to the off-shore environment. The sand smothers fragile coral reefs and all life that inhabits them, limiting food sources for sports and food fish, interfering with “catches” for the fishermen. According to the NEW YORK TIMES (10-2-07) the world’s polar areas are experiencing an ice melt so vast that predictions are that by 2013 a blue Arctic Ocean will exist. Would you say this is an exercise in futility, and that Mother Nature wins?
Sunday, September 30, 2007
NEW INDEPENDENT LIVING FACILITY – PALADIN IN DOWNTOWN BOCA – GETS “GOAHEAD” FROM CITY COUNCIL
Construction will soon begin on a new luxury high rise independent living facility in downtown Boca Raton at the corner of South Federal Highway and 8th Street, across from the Boca Raton Resort & Club and near Mizner Park and Royal Palm Plaza. Included along with homeownership opportunities and health care options will be in-home healthcare, on-site assisted living, a wellness center, rejuvenating spa, temperature- controlled outdoor swimming pool, private Mercedes transportation to local venues, varied dining options, concierge services, lush amenities, memory support and rehabilitative services. 1-, 2-, and 3-bedroom and larger loft units are available. “The Paladin” will be operated by Sunrise Senior Living. Marilyn Jacobs (561-988-0070) can give you more information on this project. |
BOCA RATON HOLIDAY BOAT PARADE DROPPED BY CITY BUT CORPORATIONS COULD CHIP IN TO SAVE IT
Deep cuts in this year’s budget made to meet state legislative mandates eliminated funding for the Holiday Boat Parade, a traditional and popular local event. The Marine Industries Association of Palm Beach County has partnered with the city to run this annual event since 2003, when the Greater Boca Raton Chamber of Commerce dropped the event, but they cannot pay for the parade without the City’s contribution. However, they have said that if the City funds the Boat Parade next year, they will again participate. The City of Boca Raton has also cancelled funding for this year for the downtown concert series, Halloween Happenings and the Police Athletic League, though the PAL got $50,000. Other area boat parades planned include Parade of the Palm Beaches, and events in Boynton-Delray, Pompano Beach and the Winterfest in Ft. Lauderdale. Participation in the boat parade has dropped, but the association would increase the number of participating water craft to 45. Boats decorated for the holidays took part in the parade that traveled south on the ICW from Delray Beach to the Deerfield Beach border. Best entries received prizes in several categories. Boats would pull up along the shore and people donated items for a holiday “Toys for Tots” drive.
Thursday, September 20, 2007
NAR: A GOOD DAY FOR HOUSING… September 18, 2007
Along with “the FED” cutting the discount rate by half a percentage point, the House of Representatives passed the Expanding American Homeownership Act of 2007, HR 1852, offering homeowners a safer alternative to risky mortgage products, helping homeowners who may be facing foreclosure, increasing loan limits and eliminating the statutory 3% minimum cash down payment. Mortgage modifications will allow borrowers to change mortgage terms so they can afford to stay in their home. “Partial Claim” programs will cure a loan default with the FHA lending the borrower money with a no-interest loan due when the property is sold or paid off. The National Association of Realtors (NAR), America’s largest trade association, represents 1.3MM+ members involved in all aspects of residential and commercial real estate and is known as “The Voice for Real Estate.”
Friday, September 14, 2007
KRAVIS UPDATE
Thursday, September 13, 2007
BEACH CLEANUP SATURDAY SEPT 15TH
Come to Gulfstream Park, 4489 No. Ocean Blvd, Gulfstream, 8-10:30 am and help cleanup, get free t-shirts, drinks and cookies and be awarded community service hours. Pre-reister with Gary Solomon, TheRecipeExchange@Comcast.net, 561-734-9128. www.Sandsifters.org. Gulfstream Park is a small beach park nestled on a hill behind a mass of Sea Grape bushes and shaded by Australian Pines. There are open picnic benches, a few BBQ grills, a children’s play area, showers and restrooms as well as areas to sit overlooking the ocean. The beach is wide and clean and there is usually a lifeguard on duty. Walk the vegetation-covered boardwalk to the beach. There are 86-parking spaces (free). Activities include fishing, swimming and sunbathing – a great place to take the kids to!
Tuesday, September 11, 2007
MARCH OF DIMES PRESENTS SIGNATURE CHEFS & WINE EXTRAVAGANZA
Monday, September 03, 2007
COASTAL CLEANUP PROJECT IN DELRAY BEACH
Wanting to preserve environmental resources, the city of Delray Beach joins the Sandoway House Nature Center located at 142 South Ocean Boulevard in celebrating Florida Coastal Cleanup Saturday starting at 9 am at the nature center on September 15th. Local residents are asked to participate. The annual event is the largest and most successful volunteer effort of this type of project. Thousands of worldwide volunteers from more than 90 countries have, since 1986, cleared more than 100-MM lbs. of trash from 170,000 miles of shorelines, rivers, lakes and wetlands. They are given free commemorative t-shirts, water and snacks for as long as the supplies last and earn community service hours. Pre-registration can be made by calling 561-274-7263, Registration forms can be found in the lobby of Delray Beach City Hall, 100 NW 1st Avenue, and should be completed and returned to Jennifer Buce, litter prevention coordinator.
Saturday, August 25, 2007
BOCA RATON PUBLIC LIBRARY CHESS CLASS A HIT!
Kids from 7-17 have been learning the moves and strategies of chess on Saturday mornings this past summer at the Boca Raton Public Library. Chess is a game that strengthens one’s critical thinking skills. Retired educator Barbara McManus, a member of the City of Boca Raton Education Advisory Board, suggested and then supervised the classes. Other Board Members became instructors. McManus explained that chess is NOT a game of luck, but rather of the ability of the players to analyze, reason, and plan ahead and involves geometric patterns and spatial relationships. McManus hopes to coordinate another series of chess classes at the Boca Raton Public Library in the coming year. Volunteers to teach chess or participate in another way can contact Catherine Vanden Broeck, volunteer coordinator for the city of Boca Raton, at 561-393-7700. |
Friday, August 24, 2007
RECENT GRANT TO HELP OUR CHILDREN
Remember the slogan, “A (wo)man never stands so tall as when they stoop to help a child?” A new Boca Raton children’s support group, the first of its kind in the US, and other schools with projects devoted to caregiving children, are among the recipients of the Robert Wood Johnson Foundation’s $500,000 grant. About 15,000 children in Palm Beach County care for relatives with mental illness, disability or frailty, without any organized support, taking time away from their education and homework hours. The Volunteers Homebound & Family Caregivers Inc. are helping bring aid to those children, and to promote awareness of the dual role of youth who are both students and young caregivers within families. The Caregiving Youth Project will use grant money to determine whether 1,000 children are emotionally and physically healthy, get adequate education with time for homework. The funding will support 100 children in 10 schools. Among those being worked with are Boca Middle School, Congress Middle School and Lantana Middle School. Olympic Heights High School may be included. There are 192 Boca Middle School students who are caregivers. |
Wednesday, August 15, 2007
FL DOT BEGINS CONSTRUCTION ON PARTS OF A1A
Sunday, August 12, 2007
CAMINO REAL BRIDGE REPAIRS BEGUN
For several years discussion about repairs to the Camino Real Bridge over the Intracoastal Waterway in Boca Raton, built in the 1930’s, has been discussed, and now it has started and completion is scheduled in mid-November. Boat traffic on the ICW will be able to pass under the bridge. Painting and repair of the beams and “a different deck” are planned, to be paid for by Palm Beach County. In 1998 the county spent over $100,000 to replace gear boxes. Alternative routes include the Palmetto Park Road Bridge or Hillsboro Boulevard Bridge in Deerfield Beach. Addison Mizner designed Camino Real Boulevard, and Clarence Geist built the bridge.
LUXURY CONDOS GOING UP AT THE BOCA RESORT
One Thousand Ocean is a 52-unit luxury condominium being built adjacent to the Beach Club at the Boca Raton Resort & Club. Included within the 7-story building will be 1- and 2-story residences with beach fillas, and residence and penthouse options with flor-to-ceiling panoramic view. Prices will range from $2.75MM to more than $15MM. Over 50% of the units have been reported as sold. |
Thursday, August 09, 2007
WANT A HOUSE IN A WALKABLE, HEALTHY ENVIRONMENT?
Buying a house in a walkable neighborhood is good for your health and good for the environment. Homebuyers, renters, and real estate agents can find houses and apartments in great neighborhoods. Walk Score shows you a map of what's nearby and calculates a Walk Score for any property.
Wednesday, August 08, 2007
OCEAN LAND INVESTMENTS ENDS DEAL TO BUY BRINY BREEZES RESIDENCES
The defining issue was “density.” Ocean Land’s plan would have had a living unit density approaching 60 units per acre, which was deemed unacceptable. Then a meeting was planned for Ocean Land to meet with interested parties from the wealthyu nearby communities of Ocean Ridge and Gulfstream, but it could not be done before the date would come when a large portion of Ocean Ridge’s deposit would be non-refundable. The amount would increase from $500,000 to $5-MM. Ocean Land requested more time from the Briny Board (45 days more) to talk with neighbors, and they said “no,” so Ocean Land “pulled out.”
Monday, July 16, 2007
FAR “PUTS MONEY WHERE ITS MOUTH IS” RE PROPERTY TAX REFORM BALLOT
Thursday, July 12, 2007
BOCA MUSEUM PLANS EXHIBIT OF DEGAS SCULPTURES
Monday, July 09, 2007
IN MY HUMBLE OPINION…
With reports just in that New York City and Salt Lake City are avoiding “the [real estate] bust,” can Palm Beach County be far behind? Some investors tell me they are “sitting on the sidelines” waiting for prices to keep dropping… other investors want to “sell and get out now,” but in many cases sellers are “standing pat.” Expired listings number near or over 500 properties each day. Some sellers cancel listings after getting low low bids. Remember that June and July are usually “slow months” with so many residents and part-timers out of town. August has been an outstanding month for sales in past years as folks come down to purchase residences for this coming winter… perhaps that will happen in 2007 as well. As a Realtor, I can tell you that every day in this career is exciting… new faces… new properties… no two ever alike. Like the stock market, real estate is cyclical… and what goes down will go up… just a matter of time. Stay cool. Hang in there.
GREEN IS THE BUZZWORD TODAY
An Environmentally Certified “Green” $25-MM mansion is being built in Manalapan.
Frank McKinney has been building one-of-a-kind mansions in the area for the last 20 years, and is now creating an oceanfront estate that is approved by the standards of the US Green Building Council and the Florida Green Building Council. The entire project will be the subject of a documentary series. Groundbreaking is being filmed as part of this program. A scale model has been made.
The 15,000 sq ft 3-story mansion will be rooted in nature, and will feature
- thatched roofs
- water gardens
- floating sun terraces
- a waterfall spa with fire feature
- interior acrylic main floor with moving water below
- a 24’ sheer water wall with fog/smoke screen on which moving images are projected
- suspended double-helix main glass staircase
- hand-blown chandelier that mixes electricity with water
- arched aquarium wet bar to be able to walk below and view the fish above
- guesthouse made of palm and bamboo that is partially submerged in a lagoon.
“Green” features will include
- solar panels that could cover a regulation-size basketball court to generate enough energy for two average-size homes
- water system that collects enough “gray” runoff water to fill the average swimming pool every 2 weeks
- reclaimied wood amounting to saving 7 ½ acres of Brazilian rain forest
- renewable woods that regenerate every 3 years vs. every 50 years for other hardwoods
- pools, reflecting ponds, water gardens, misters and more to drop the site temperature 3-5 degrees over neighboring properties
- recycling 340,000 lbs of debris during construction
- air-conditioning and air purification systems four times better than an operating room in the Mayo Clinic.
MacKinney has written two best-selling books, and raises millions of dollars for his Caring House Project Foundation to build housing for the poor in the United States, Haiti, South America, and the Caribbean.
Governor Charlie Crist plans to reenergize the state with a mixture of solar, wind and nuclear fuel. He is expected to emphasize using renewable fuels and include mandates for reducing greenhouse gas emissions. Friday afternoon, after two days of workshops and speeches at the Florida Climate Change Summit, Crist will sign executive orders and put his plan into law. Crist has signed California Gov. Arnold Schwarzenegger, Robert F. Kennedy Jr. and Theodore Roosevelt IV to the bill along with various Hollywood personalities and scientists, renewable-energy advocates and environmentalists who will talk about how Florida can become more energy-efficient and use alternative fuels.
California Governor Schwarzenegger has committing his state to reducing its carbon emissions by 25% by 2020, calling for 1 million solar roofs by 2018, tightening car-emission standards and creating a multi-state global warming group and it is speculated that this will happen also in Florida.
Florida Power & Light Co., the state's largest utility, maintains that using renewable fuels and more stringent energy-conservation steps won't be able to support all of Florida's future growth.
According to an FPL spokesman, "What you have heard from the environmental movement is that we can get there through renewables or we can get there through offsetting the energy that we are demanding today. And what we're saying is that (it) will not get you there. You will still need to build power plants." Crist has praised FPL for exploring a wind power project in St. Lucie County and is ecstatic about utility regulators denying the utility's plan to build a "clean coal" power plant in Glades County.
Saturday, June 30, 2007
IDEAS FOR the 4th of JULY
BOCA RATON:
Wear your red, white and blue outfit and mosey over to FAU, beginning at 6 pm on Wednesday, July 4th for a musical revue at 4 pm of “An American Songbook: Irving Berlin, at FAU’s University Theater. Tickets are $20. At 5:30, a few blocks away, the outdoor event will begin with games at the carnival midway and family activities. The muxic beings with the “Rumor Has It” band offering music of the 1950’s and 1960’s. At 6 pm family activities are held and at 6:30 pm there will be a stage show, “You’re A Grand Old Flag. At 7:30 the Florida Wind Symphony presents a patriotic musical tribute including vocal selections from the “Irving Berlin Review” and popular family musical, “Bye Bye Birdie, both currently being presented at the University Theatre.
At 9 pm, a fireworks display will take place with traditional patriotic music supplied by Radio station WRMF 97.9 FM.
Other activities include appearances by FAU athletic teams and coaches, clowns amking animal sculptured balloons, face painting, sand art, gift drawings and family games. Special music and activities will be provided by the Childrens Museum and Glass Productions. “Operation Goody Boxes”, coordinated by the Humanitarian Society and othes, will receive monetary donations at their tent by the stage area to prepare and mail “goody boxes” to troops overseas.
Food vendors will provide picnic-type foods. No personal fireworks, open fires, pets or alcoholic beverages allowed. Bring blankets and lawn chairs. Closest parking lots to the events are 1, 2, 4 and the parking garage next to parking lot 1. Those with handicapped needs are asked to use the 20th Street entrance and go to parking lot 1. For information call 561-393-7806, selection 2.
DELRAY BEACH:
Join the day-long celebration on the beach, an ongoing tradition in Delray, starting at 8 am on Wednesday July 4th. Three days in advance world-class sand sculptors being their work, with a grand unveiling of the large-scale sculpture on July 3rd. At 10 am there will be a flag raising ceremony of a 30’x60’ American flag near the intersection of Ocean Boulevard and Atlantic Avenue. At 4 pm the traditional Patriotic Bicycle and Scooter Parade will leave from Veterans Park and head for the beach. New bicycles, helmets, gift cards and more will be awarded for the best decorated bicycles, wagons and scooters.
Tuesday, June 26, 2007
HOME & CONDO SALES PREDICTED TO MAKE STRIDES
NAR projects that sales will have a gradual upturn becoming more pronounced by the end of 2007. FAR reports that statewide sales of existing single-family homes in Florida totaled 12,607 in May, which is more in line with May 2002 activity, prior to the housing boom years, than May 2006 with 19,072 homes – a 34% decrease in the year-to-year comparison.
The MSA (Metropolitan Statistical Area) reported that the Boca-West Palm area had 741 homes sold last month compared to 982 a year ago, producing a 25% decrease. Median price was $387,800 whereas in May 2006 it ws $391,000 resulting ina 1% decrease. 613 existing condos changed hands last month, up 11% from the 552 condos sold the previous year. Existing condo medial sales price in May was $217,400; a year ago it was $218,900, for a 1% decrease.
Sunday, June 24, 2007
ISRAEL BONDS INVESTMENT BILL SIGNED BY GOV CHRIST
Those authorized to invest are state agencies, municipal fire and police pension funds and local governments.
Gov. Christ recently returned from a trip to Israel that focused on bilateral trade between Israel and the State of Florida.
The first Israel bond was sold in 1951 and close to $25-billion in investment capital has been secured for the development of every aspect of Israel’s economy including agriculture, commerce and industry, and to absorb Jews from the former Soviet Union, Ethiopia and elsewhere.
Tuesday, June 12, 2007
BOCA TEECA TOWNHOUSE PROJECT NEARS FINAL RULING
The Planning and Zoning Board recommended the 211-unit townhouse project to be built on 30 acres on the southwest edge of Ocean Breeze Golf Course at Boca Teeca to the City Council after a hearing this past week. A public hearing will be held on August 14, and next the Department of Community Affairs must review the proposal. It then goes back to City Counsel in November or December for a final vote, requiring 4 yes votes of the 5 members voting. The proposal includes renovating the Inn at Ocean Breeze by adding 46 hotel rooms to the existing 46, and refurbishing the Boca Teeca clubhouse by adding a new social center. Included would be creating a new 9-hole executive golf course and a redesigned 18-hole golf course on the existing fairways. The townhouses would have golf course views. President of the President’s Council said that “the overwhelming majority of Boca Teeca unit owners fully endorse this plan and voluntarily agree to lift the deed restriction on 30 acres of the south course to allow for a limited 211-unit town home project.” Concerns included traffic along NW 2nd Avenue and the loss to some residents of golf course views.
Monday, June 11, 2007
“PROTECTING FLORIDA’S INVESTMENTS ACT” SIGNED
Florida has now become the first state in the US to link its public investments with the actions of “rogue” nations.
The new law allows Florida to divest some of its $150-BB fund and other public investments from firms that refuse to stop doing business with or otherwise support Iran and Sudan. Genocide and the development of nuclear weapons by Iran, the “world’s leading state sponsor of terror,” will not be sponsored by Florida, said Senator Ted Deutch (D-Boca Raton) and he praised Florida Governor Charlie Christ, just back from a trip to Israel, for signing the bill.
Deutch says he is working with other states to accomplish a similar program, and Governor Christ has sent letters to Governors of 49 other states encouraging them to follow suit. Deutch said the use of the law would require three steps: Identify firms with ties described by the law, Engage those firms “in a dialogue that causes them to understand what they are doing, and Ask that those ties be severed. If they are not severed, those stocks will be divested from the pension funds holdings.
Sunday, June 10, 2007
TAX CUTS ARE IN.....
Dear Property Tax Reform Supporter:
I am excited to announce that an agreement has been reached between the House and the Senate on the tax cut levels for historic relief and reform package that will save Florida taxpayers $31.6 billion over the next five years. This is, by far, the largest tax cut in Florida’s history.
I cannot be more proud of the excellent work of our negotiating team and the valuable input from our respective legislative chambers. Together, we are bringing forth a thoughtful and comprehensive plan that will give every property owner – homestead, non-homestead residential, and commercial/industrial – a tax cut this year. We are confident that when this plan is implemented, Floridians will finally have a more equitable tax system that will yield property tax bills that they can afford to pay.
The details of the plan are provided below. Thank you for continued involvement in this very important issue. Please e-mail us at info@nomorepropertytax.com for more information.
Sincerely,
Marco Rubio
Speaker, Florida House of Representatives
$15.6 billion in Immediate Tax Relief and Reform (Statutory Changes)
- Beginning this year, every category of property taxpayer will benefit from the cut and the cap that the statute imposes.
- All cities and counties will be required to cut taxes in the upcoming 2007-2008 fiscal year to the 2006-2007 revenue levels. These local governments will then be required to make an additional cut of 3%, 5%, 7% or 9%. The level of cuts will be determined by a formula that analyzes their taxing performance over the past 5 years, measured against a statewide average.
- Special taxing districts and fiscally limited cities and counties will be required to cut taxes to the 2006-2007 revenue levels and make an additional cut of 3%.
- A cap on future property tax revenues (based on the rate of personal income growth and new construction) will be imposed to ensure that government cannot grow faster than personal income.
- Local governments may override the cut and the cap. The method for the override will vary based on the magnitude of the local government’s action (escalating from a supermajority vote of the local governing body, to a unanimous vote of the local governing body, to a referendum).
$16 billion in Further Tax Relief and Reform (Constitutional Amendment)
- The estimated average savings for a homestead property (combining statutory and constitutional changes) will be $1,300 in 2008-2009. This average savings represents a 44% reduction.
- “Save our Homes” is replaced with a new “super exemption”. An estimated 73% of homesteaded properties will receive a greater benefit under this new exemption.
- The new “super exemption” will be as follows:
- Level 1: Homestead Property will receive an exemption of 75% of the first $200,000 in value of the home. The minimum exemption is $50,000 per homestead.
- Level 2: In addition to Level 1, homestead property will obtain another 15% exemption for the next $300,000 in value.
- We will grandfather the tax savings and assessment cap for the minority of property owners who have greater benefits under the current “Save our Homes” plan.
- We will preserve all existing constitutional exemptions based on special circumstances, including those now provided to disabled veterans, low income seniors and agricultural lands.
- Because the tax base for all taxing authorities will decline under the constitutional amendment, the fiscal analyses reflects a reduction in school funding. We intend to hold schools harmless from these cuts.
Other Constitutional Changes