False Publicity of Banah Sugar 23dnj luis sabbagh
Submitted 2014-02-21 16:54:03 MIAMI -- Who'd have guessed a lawsuit-laden sugar company run by a former cocaine trafficker wasn't a great partner for Miami-Dade and Florida officials?

Hialeah's Banah International Group filed for Chapter 11 bankruptcy Friday Cheap Jerseys Wholesale , a year after it was approved for $430,000 in tax incentives, reports the New York Times -- and a year after none of the agencies awarding such incentives apparently noticed a convicted drug dealer was running the company, or that it was facing four lawsuits for nonpayment and had been slapped with an IRS lien.

Instead, when Banah chairman Alexander I. Perez promised to bring almost 300 jobs to a new 300,000-square foot headquarters in Hialeah, he got help securing both local and state incentives from the county, its Beacon Council economic development group, and the state's Enterprise Florida.

The deal was heralded: a street in Hialeah was renamed Banah Sweet Way with Miami-Dade Mayor Carlos Gimenez, Commissioner Rebeca Sosa, and Hialeah Mayor Carlos Hernandez present. Then-U.S. Rep. David Rivera even gave Perez a congressional certificate for "outstanding and invaluable service to the community," reports Miami New Times, the duo posing in Washington, D.C. with Congresswoman Illeana Ros-Lehitinen and Congressman Mario Diaz-Balart.

But on Friday, Banah reported in Chapter 11 filings that it owes between $1 Cheap Jerseys From China ,000,000 and $10,000,000 to 232 people and companies, according to the Miami Herald, and has just 15 employees. A promised job fair was never held.

Though officials told the Times that Banah hadn't yet received any of the tax breaks, the misstep is the latest vetting embarrassment for Enterprise Florida, the public-private economic development arm of the state that Governor Rick Scott expects to help him deliver on his campaign promises of job creation. Scott has asked for roughly $300 million in incentives, an increase from the previous budget of $110 million, just as the group faced withering questions from lawmakers about whether or not it can justify its own existence. A report this month by Integrity Florida revealed that Enterprise Florida has doled out roughly $1.7 billion since its creation in 1995, but has delivered just 103,544 jobs -- only half of its target, and eight years late. Author Resource:- After the well-publicized bankruptcy of Digital Domain, a Port St. Lucie animation company that received a whopping $20 million in incentives from the state, Enterprise Florida promised a better vetting process. But when Perez failed to disclose his four-year stint in federal prison or the ensuing probation that ended in 2009 Cheap Jerseys China , no one at the county or state level apparently checked into Perez or his company enough to notice. Banah Sugar.
Article From Article Directory Database Confused About Commercial Real Estate Investment? Follow These Tips And Suggestions! Business property investing requires a distinctive level of experience than other types of trading, so you need to be positive that you are entirely conscious of made by the present functions. Regardless which your needs are in business real estate investment, the guidelines was made up of within this article may just make it easier be trained a thing.

When you start out to procure commercially made real-estate be sure you to do some research to enable you to find out what the crime price in the community is. May perhaps be important because you won't be able to simply discover tenants to rent floor space in a harmful place.

Find a very good realtor. You'll need a strong that will not work in a matter of their very small do networking. Locate an organization that is ready to refer you to contractors from their sphere of impact. This is the sole method you're going to get the very best obtainable means.

In lieu of purely amassing business oriented qualities, come to be on buyer. When determining to purchase commercially made attributes, the thought is to create a profit, or a revenue. If you opt for a property that does not make you money, you're simply a house owner, and have not made an trading.

Be sure that the broker that you employ is known as the qualified negotiator. These take a very experienced negotiator to get you the best bargain in the commercially made housing market. Question them how they prepare, what methods they not only and what the final outcomes are that they seek. Get an example of a successful negotiation.

As you think about a business oriented investment properties to all your investment portfolio, you ought to take a look at all opportunities by ending a detailed failure of no matter whether the house is income producing or non-take-home pay producing. Take-home pay generating qualities would include things like online stores, hotels, or warehouses. Consider the different methods that these particular possibilities tenants could produce and sustain income and go back in the financial.

Just before putting your commercially made resources available on the market, you should invest time to obtain it looked over by way of a specialist inspector. Should they discover anything wrong making use of the resources, you should have it preset immediately. That you just use professionals to complete the fixes so that you don't have to be worrying about the consumer's inspector uncovering point completely wrong within the resources.

Use these commercially made marketing and advertising tactics suggestions to more effective understand the different conditions of commercial mark.