Placement is everything...

They say there is nothing more important than location, location, location in real estate.  Well, it turns out the same is true as it relates to City Manager reports.  The first page after the cover sheet proclaims that the State of Florida Clearinghouse approved of the release of funds for the infrastructure grant in the Park of Commerce.  This is all done with great fanfare and it appears below.

But that is not the whole story - the above actually doesn't award the Federal money, it just approves its release if the award is made.  

Then, on page 9, in the second paragraph below, we find that the City's EDA application for the Park of Commerce, submitted in December 2010, was deemed "not competitive" and that the City was urged to reapply when "the outstanding issues with regards to the requirements of the grant could be addressed fully."  This is the same grant associated with the "good news" announcement on the second page.

So much for charging ahead with the Park of Commerce.  If you want to read how great things are, especially with phones ringing off the hook with inquiries from businesses and investors, click title for link to Feb. 18 2011 report.