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AMCOP KUAMI CHAPTER
AMCOP STATION d TRADING POST
6040 N.V. 7t6 Avenue
Miami, Florida 33127
(305) 751-8700/681.0225
Decenber 3, 1986
To tNhom It May Concern:
This is an appeal and a request to the Mayor and the City of Miami Government.
Prentice Rasheed, the Miami Amcop, Inc., Chariman, which is a Non -Profit Coll-
ec::ive &ry Program, designed to help establish for profit business(es) for the
striving poor. %41
I would like to propose, present, and request of the City of Miami, a ten \
(10) year loan with a low two percent (2%) interest rate for the purpose of helping
the poor merchants which the banks and insurance corrpanies have declined and proclaim—,
ed us as "high risks" based on the normal or high standard that the Government has
set for making loans. and to sell reasonable insurance coverages.
Because our situations are below normal, and we haven't the proper people to
represent us in our poor situation(s), in this Government, in the United States of
.America, we find it necessary (since the City Government has directly contributed
to our below normal hardship situations; ) where we do not qualify to get a normal
loan, then we request that the City Government help us correct our situation(s) by
granting us a direct loan in the sum of One Million Dollars.
I, Prentice Rasheed, the Miami Amcop Chapter Chariman, will directly and
absolutely be responsible for paying all and every penny of our tax payers money
back!
I, Prentice Rasheed, is now in the process of making a movie, a book, ro.cording
a record and arranging tours. I would like to turn those financial rights over to.
the City of Miami for the sum to cover this One Million Dollars Loan. Ninety-five
percent (95%) of all income beyond and above the loan debt will and shall be the
profit of Prentice Rasheed with five percent (5%) to go to the City of Miami.
This One Million Dollar Loan will mostly be used to help the poor merchants
before this Christmas in the form of loans for those businesses in need of inven-
tory and operating capital.
These loans should help provide jobs and relieve the young men and women
from having to sell drugs and comnit crimes. This effort should be looked on
in the light of all those young men and women that have lost their lives because
of the lack of econanic opportunities. We the people in this Camtnity want to do
all we can to help the "HAVE PUT PEOPLE!
Submitted into the public Respect fu I I y Submi t ted,
record in connection wit
item on Z �� �'6 ACE F. RASHEED
Matty Hirai Miami NAODP C F AI RMAN
I�FR:xc City Clerk �
I
ANCOP RIAM CHAPTER
AMCOP STATION 1 TRADING POST
6040 N.W. 7th Avcnuc
mmmi, Florid2 33127
(305) 751.8700/681.02-15
Decenlx-r 3, 1986
Honorable Mayor Xavier Suarez
Honorable City Commissioners
City Manager Cesar Odio
City of Miami Government
I know the people in Miami elected the best we have to represent our
Human concerns.
1, PRENTICE RASFEED, Miami Amcop Chapter Chairman Representative of the
striving poor for economic and human dignity, would like to Propose some ways
to improve our community businesses, jobs, social, economic, and human condit-
ions:
We Propose to stimulate the economy in the red line, the poor African
American GomrunitIes, by: ,
- Reducing the Taxes in the area(s) mentioned above to Create
business, consumers, community development(s) insentatives
as follows:
- Reduce sales taxes to one percent (1%); reduce property taxes
on standing homes and apartments and commercial properties by
fifty percent (50%) for 5 years; reduce new building property
tax by seventy-five percent (75%) for 10 years on all poor
red line areas; reduce peddlers' licenses fee in poor areas to
$25.00 the first year, $100.00 the second year; $200.00 the
fourth year, and $300.00 the seventh year.
Please note: The tax reduction on the Standing Buildings must be passed
on to the lessee. The tax reduction for the New Buildings on vacant lots
is to promote construction activities, to produce jobs as stimulation to the
economy in the use of building and household products which will put tax
revenue in a higher order from the jobs and new developments. The sale tax
reduction will create incentatives for a better intergration for the poor
communities by new business locations and developments and shoppers saving
activities.
Prentice F. Rasheed
PF R: xc
M I AM I AA+CDP CHAR I MAN
4 0
TO Mr. Cesar 0dio
City Manager
FROM
Xavier L. Suarez
Mayor
CITY OF MIAMI. FLORIDA ��
INTER -OFFICE MEMORANDUM
DATE December 5, 1986 FILE
SU13JECT Commission Meeting of
12/11/86 - Mr. Earl Wells
REFERENCES: 121186 : JW
ENCLOSURES.
Please place on the December llth Commission
Agenda a personal appearance by Dr. Earl Wells, of
the Edison Merchants' Association.
XLS:JW:nl
CC: Members of Commission
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