Dear List:
Keith Reitman wondered how much of his money has been put into the Phillips Eco-Enterprise Center/Green Institute. Here's what I was able to find out: The Phillips neighborhood put slightly less than $1 million in NRP funds into the Green Institute, including the PEEC and the ReUse Center. For That, 35 new jobs were created with living wages and benefits and another 145 jobs were brought into Phillips with a total payroll of more than $7 million a year. PEEC pays about $250,000 a year in sales and property taxes. PEEC received a $1.5 million loan from the State of Minnesota that will be forgiven after 10 years if the facility has at least one job for every 1,000 square feet of space or 64 jobs. They actually have more than twice that number. Of their current budget of $3.8 million, about 92 percent comes from program revenues, i.e. rents from tenants at PEEC and sales of salvaged building materials. Lastly, beginning next year they will be able to use their growing equity in the PEEC to repay the $1 million in NRP funding to the neighborhood in the form of a community foundation that they will establish but which will be run by neighborhood residents. Sounds like a darn good investment to me by the Phillips residents. I think the question now is how can we duplicate this kind of success in our other neighborhoods? Mark Snyder Windom Park (59A) [EMAIL PROTECTED] On 7/16/02 8:32 PM, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > In a message dated 7/16/02 6:49:12 PM Central Daylight Time, > [EMAIL PROTECTED] writes:With parenthesis comments by Keith Reitman > > << > Keith, (That is my name) > > I use services provided by the Green Institute. They run the Re-Use center, > which is a great concept and works very well.(It is gifted all inventory for > free yet does not pay it's "grunts" a livable wage; one long term HARD worker > I know earns $9@hr. It does not pay property tax, I assume. I believe the > retail prices are too high to be an authentic community service and I am a > professional shopper.) > > The Green Space Partners program of the Green Institute help community > gardening in the Philips neighborhood, primarily on vacant or unbuildable > lots.(Boondoggle Alert: I would like to see the expenses paid for with > government $$$ on this type of activity. Of course if it were funded by > profits from The Reuse Center; that would be a neo sustainable process. > Betcha a building it is not.) > > Yes the focus of the Green Institute is providing a better home and planet > for all humanity and it uses some very innovative projects to do it.(All > humanity, you gotta' love it, but I do not want to pay for this universal > empowerment with Mpls. Tax $$$. I wish Josh Kroll would reach in his pocket > for a coupla' hundred K for the Universal Good.) > > Are you against non-profits for some reason? ( Yeah, they are generally run > by NonProfiteers sucking my property tax $$$$ to compete with the private > sector, and without competitive restraints.) Not all organizations run on > the principle of the mighty dollar. (Maybe not your $$$!! POP Quiz: Who's $$$ > funds The Green Institute, Josh?) One of the concepts behind community > gardens is a chance to build relationships in your community.(Josh, build a > relationship with your sweat; not my $$$.) That is not something you could > make money on (at least I hope).((Again, spend your own $$$.)) > > By the way Green Space Partners, Sustainable Resource Centers, and few other > groups did some community gardening workshops and real need is for north > Mpls, there was one group from the North side working on a garden.(You do not > need my $$$ to make a garden grow or make nice new friends in the hood. Make > nice as a pastime, not a career and Leave my $$$ alone, Josh.) > > Josh Kroll (Parenthesis comments by Keith Reitman) > Powderhorn NearNorth _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
