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HomeMy WebLinkAboutItem #18 - Discussion ItemMIAMI. ONCE YOU CALL IT HOME, IT GETS EVEN BETTER. October 26, 1977 Mayor Maurice Ferre City of Miami P. 0. Box 330708 Miami, Florida 33133 Dear Mayor: As a meeting today the Executive Committee of the Greater Miami Chamber of Commerce instructed me to share the following with you and your colleagues. The Greater Miami Chamber of Commerce is actively seeking a World Trade Center development. We are encouraging the City, the International Center and others to work with private developers on a World Trade Center. It is the opinion of this Chamber that these kinds of developments can be entirely supported by private investment. Feasibility studies are part of the normal pre- liminary process ultimately charged to the cost of the project, therefore included in the private sector responsibility. The Chamber's insistence on private development of a World Trade Center recognizes the ability of private developers to finance the basic requirements of feasibility studies and pre -planning details, eliminating the costly dollars and time and governmental delays involved in the process for such development by public means. The developers should be offered the full support of the City's political and adminis- trative leaders short of direct financial participation. Miami has clearly demonstrated that international trade and commerce have reached the stage of activity that will support a profitable World Trade Center in our opinion. Sincerely, ster eman ecutive Vice President PC/rg GREATER MIAMI CHAMBER OF COMMERCE I2n0 th cayne Blvd./Miami, Florida 33132/ (305) 374-1800