Economic Recovery Growth And Defense Conversion Activities in Dade County Fi

Cover Economic Recovery Growth And Defense Conversion Activities in Dade County Fi
Economic Recovery Growth And Defense Conversion Activities in Dade County Fi
Finance United States Congress House Committee On Banki
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Before the Subcommittee on Economic Growth and Credit Formation Field Hearing December 17. 1993 Dear Mr. Kanjorski: On behalf of the Miami Free Zone, we wish to thank the Committee for holding its hearing in Homestead and for providing us an opportunity to address what we believe are serious concerns about the EDA's process for awarding emergency relief funds. As requested by the Committee, this short statement will supplement our testimony, and more particularly, address issues raised at the h
...earing.
The thrust of our testimony was to call the Committee's attention to the fact that despite 204 Sandler, Travis & Rosenberg, P. A.
Honorable Paul Kanjorski, Chairman Subcommittee on Economic Growth and Credit Formation January 25, 1994 Page 2 the immediacy of the need for the funds appropriated by Congress - and the specific Congressional directive that the funds be spent immediately -- at least $5. 5 million (10% of the funds provided for South Florida) remain frozen and unspent over a year after the Congressional appropriation, more than nine months after an application for the $5.


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