Friday, May 11, 2012
Sunny Isles Beach Community Shuttle.
From the desk of Edward E. Cambas.
Community Shuttle Service
The City provides free Community Shuttle Service 7 days per week with three different routes for the convenience of residents and visitors.
The Orange Line
runs Monday to Friday 8:00 a.m. to 7:35 p.m.
The Blue Line
runs Monday to Friday7:45 a.m. to 3:50 p.m.
The Blue Line (Saturday schedule)
9:05 a.m. to 3:50 p.m.
The Green Line
runs Monday to Sunday 8:00 a.m. to 7:50 p.m.
Holiday Schedule
Handicapped Services
Shuttle buses are handicapped accessible and are available for such use when a reservation is made at least 24 hours in advance. To make a reservation for handicapped Community Shuttle pick-up, call 305-792-1706.
Pets are not permitted on City shuttle buses except with a passenger who is sight impaired.
Mount Sinai Transportation Services
Free transportation provided to and from Mount Sinai Medical Center at 4300 Alton Road on Mondays, Wednesday, and Fridays pick up at 8:00 and 11:00 a.m. and returning Noon and 3:00 p.m. Reservations required at 305.792.1706.
Miami-Dade Transit Service
Miami-Dade Transit provides several bus stops through out the City. For more information on Miami-Dade Transit Services and schedules, visit http://www.miamidade.gov/transit/.
Miami-Dade County provides Special Transportation Services to those with handicaps. Information for STS is available at 305-264-9000.
Sunny Isles Beach Senior Services
http://www.edwardcambas.com
Senior Services and Resources
This page includes links to city, county, state and federal sources for senior residents.
City Senior Services
The City of Sunny Isles Beach offers seniors concerts, services and programs throughout the year – many of these are free. Here is a description of the services and how to find out more information about each one.
Florida Department of Elder Affairs (DOEA)
This site is the place to visit for information on all issues relating to seniors. Whether you are an elder or caregiver, a professional or volunteer who deals with aging issues, or just looking for information related to Florida’s older residents, this is a good source for you.
Golden Passport for Transportation
This site provides information to seniors regarding the free bus pass within Miami-Dade County. If you are a senior citizen 65 years and older or a Social Security beneficiary and are a permanent Miami-Dade resident, you are eligible to ride transit free with a Golden Passport EASY Card.
Miami Dade County Department of Human Services (DHS)
This site contains information regarding programs offered for infants, the elderly, the disabled, veterans, refugees, farm workers, domestic violence assistance and rehabilitative services. This is the County’s largest department providing comprehensive county-wide social and human services.
Miami-Dade County Senior Advocate
This site promotes important news and views for today’s senior community and their caregivers. It provides information on retirement, financial matters, Medicare, Social Security and other pertinent topics.
Senior Citizens' Resources at the Federal Level
This is the United States Government’s official website for senior citizens’ resources that is subtitled “government made easy”. The site provides information on topics such as caregiver resources, health, housing, travel, and many other aspects of senior living.
Social Security
This is the official website of the Social Security Administration. Here you will find links to all services including how to apply for or replace a social security card and how to access benefits for retirement or disabilities. Changes to the benefit laws and legal issues are also published here. Local area office: Lincoln Square Office Center, 18475 N.W. 2nd Avenue, Miami, Florida, 33169. Toll free: 1-800-772-1213 or TTY 1-800-325-0778.
Thursday, May 10, 2012
The JOBS Act is a problem for the SEC.
The ultimate question is whether or not the JOBS Act will inspire the next Steve Jobs or Bernie Madoff. The debate is landing squarely on how much help it is for start-ups versus the possibility of abuse and fraud. It is supposed to help small business get funding by easing restrictions and regulations on the process of raising capital. Small business start-ups need the SEC to get this one right and it will be a boost for start-ups around the country.
It will actually depend on how the SEC structures the process so that it is functional while still protecting investors. The SEC has announced that they are “seeking public opinion” which the regulatory body will take under consideration along with all the nightmare scenarios that they are speculating could occur. As it stands the restrictions are very “entrepreneur friendly,” and the problem is that the way it is set up now can open the door to a ton of fraud. The SEC is already overwhelmed with trying to regulate what laws are already on the books and simply will not be able to regulate the entire process of crowdfunding as it goes forward.
The most important part of the JOBS Act to entrepreneurs is crowdfunding which allows for companies to raise capital online. Most importantly, the ACT eases restrictions on the number of shareholders allowed to participate in the offering, amount they may invest, and removes the accreditation requirement. Another troublesome part of the crowdfuning provision is how to protect the investors from unscrupulous dealings. Ken Honeyman, President of The Capital Matchpoint recently stated that “The SEC already has its hands full, and they simply do not have the resources to scrutinize and regulate this new breed of securities.” The Capital Matchpoint has web resources in place to handle crowdfunding deals once all the dust settles and has been a proponent of the bill since its inception.
During the great depression legislation was passed to protect the public. It was called the Securities Act of 1933. That was passed in part to among other things protect investors post market crash of 1929. The Securities Act requires that in order for stock to be sold publicly in the United States it must be properly registered with the SEC. The filings and statements then become public record and they contain key disclosures which protect the public.
The JOBS Act creates a key exemption by not forcing registration of the shares to the SEC if they meet certain requirements. The Act allows up to 1 million dollars to be raised within a 12 month window and allows that the investors solicited have a much lower financial threshold to be able to invest. The amounts vary and depend on their income or net worth.
1. An investor’s annual income or net worth is less than $100,000. This person can invest $2,000 or 5% of his or her annual income or net worth within any 12-month period.
2. An investor’s annual income or net worth is equal to or more than $100,000. This person can invest 10% of his or her annual income or net worth, up to a maximum amount of $100,000.
3. The transaction much be done through an intermediary, such as a broker or funding portal, which must register with the SEC.
These three things have already been solidified as being a done deal. The next aspect of the process is for the SEC to make a variety of additional rules which will apply in an effort to protect the investor community.
The SEC will be weighing in on:
•What disclosures intermediaries must provide to investors, including disclosures about risks and other investor education materials;
•Standards to make sure investors have reviewed these materials and understand them;
•Measures to reduce the risk of fraud;
•Making sure that no investor in a 12-month period has bought more shares than the law allows;
•Protecting the privacy of information collected from investors.
Written By Edward Cambas - From the Edward E. Cambas Business Desk.
Tuesday, February 14, 2012
How is your small business?
PETALUMA, Calif., Feb 13, 2012 (BUSINESS WIRE) -- The following is a statement by the American Small Business League:
The Obama administration's fiscal year (FY) 2013 budget proposal includes less funding for the Small Business Administration's (SBA) budget than the agency received 30 years ago during the Reagan administration.
This news comes less than a month after President Obama announced plans to combine the Small Business Administration with the Department of Commerce, which Washington insiders recognize as a ruse to close the SBA and end all federal small business programs.
During his 2008 presidential campaign, Barack Obama promised to restore the SBA's budget and staffing to pre-Bush administration levels.
Small businesses create more than 90 percent of net new jobs, half the GDP, half the private sector workforce and 90 percent of all U.S. exports.
Despite the fact that small businesses are the primary engine of job creation and economic stimulus in America, the Obama administration has adopted policies that have weakened every federal program for small businesses.
-- In February 2008, Barack Obama stated: "it is time to end the diversion of federal small business contracts to corporate giants." He has failed to keep that promise. Latest data released from the Obama administration indicates that of the top 100 recipients of federal small business contracts in FY 2011, 70 were large corporations. Large corporations that received federal small business contracts in FY 2011 include Lockheed Martin, General Dynamics, Harris Corporation, Rockwell Collins, Blue Shield and Blue Cross, British Aerospace, Rolls-Royce, AT&T and Boeing.
-- On September 9, 2011, the Obama administration announced plans to eliminate the nation's oldest program to direct federal infrastructure spending to minority-owned small businesses. The program, which establishes a 5 percent minority-owned federal small business contracting goal, dates back to the legacy of Martin Luther King Jr. and the Civil Rights Act.
"Instead of winding-down federal small business programs, we need to reopen every SBA office Bush closed, rehire every SBA employee that Bush laid off, quadruple the SBA budget and expand every federal program for small businesses-- the nation's chief job creators," said ASBL president and founder Lloyd Chapman.
SOURCE: American Small Business League
Get small business funding at http://www.capitalmatchpoint.com
The Obama administration's fiscal year (FY) 2013 budget proposal includes less funding for the Small Business Administration's (SBA) budget than the agency received 30 years ago during the Reagan administration.
This news comes less than a month after President Obama announced plans to combine the Small Business Administration with the Department of Commerce, which Washington insiders recognize as a ruse to close the SBA and end all federal small business programs.
During his 2008 presidential campaign, Barack Obama promised to restore the SBA's budget and staffing to pre-Bush administration levels.
Small businesses create more than 90 percent of net new jobs, half the GDP, half the private sector workforce and 90 percent of all U.S. exports.
Despite the fact that small businesses are the primary engine of job creation and economic stimulus in America, the Obama administration has adopted policies that have weakened every federal program for small businesses.
-- In February 2008, Barack Obama stated: "it is time to end the diversion of federal small business contracts to corporate giants." He has failed to keep that promise. Latest data released from the Obama administration indicates that of the top 100 recipients of federal small business contracts in FY 2011, 70 were large corporations. Large corporations that received federal small business contracts in FY 2011 include Lockheed Martin, General Dynamics, Harris Corporation, Rockwell Collins, Blue Shield and Blue Cross, British Aerospace, Rolls-Royce, AT&T and Boeing.
-- On September 9, 2011, the Obama administration announced plans to eliminate the nation's oldest program to direct federal infrastructure spending to minority-owned small businesses. The program, which establishes a 5 percent minority-owned federal small business contracting goal, dates back to the legacy of Martin Luther King Jr. and the Civil Rights Act.
"Instead of winding-down federal small business programs, we need to reopen every SBA office Bush closed, rehire every SBA employee that Bush laid off, quadruple the SBA budget and expand every federal program for small businesses-- the nation's chief job creators," said ASBL president and founder Lloyd Chapman.
SOURCE: American Small Business League
Get small business funding at http://www.capitalmatchpoint.com
Thursday, December 22, 2011
Sunday, December 18, 2011
24 Story Aventura High Rise.
BY ADAM H. BEASLEY - Miami Herald
Martin Z. Margulies made his fortune building a series of high-end properties that dot the South Florida coastline. He’s spent much of that wealth collecting and subsidizing contemporary art, both here and around the world.
For the last half-decade, it’s been much more of the latter than the former.
Good news for his accountant: Business, at least for the next 18 months, is back.
Bucking local and national trends, Margulies broke ground last weekend on the boutique Bellini Williams Island, a 70-unit tower of three-bedroom condos listed between $1 million and $4 million.
The 24-story complex, which is billed as the final property to be built in Aventura’s exclusive Williams Island community, is set to open in summer 2013.
“There’s demand,” said Margulies, 73, when asked why he decided to begin construction. “There are a lot of South Americans that are very much enamored with South Florida. They love Miami, and that’s where we think the market lies.”
Margulies declined to stipulate how many units have been sold, but he did say enough inventory has been moved to lay the foundation on his first new project in some five years.
Martin Z. Margulies made his fortune building a series of high-end properties that dot the South Florida coastline. He’s spent much of that wealth collecting and subsidizing contemporary art, both here and around the world.
For the last half-decade, it’s been much more of the latter than the former.
Good news for his accountant: Business, at least for the next 18 months, is back.
Bucking local and national trends, Margulies broke ground last weekend on the boutique Bellini Williams Island, a 70-unit tower of three-bedroom condos listed between $1 million and $4 million.
The 24-story complex, which is billed as the final property to be built in Aventura’s exclusive Williams Island community, is set to open in summer 2013.
“There’s demand,” said Margulies, 73, when asked why he decided to begin construction. “There are a lot of South Americans that are very much enamored with South Florida. They love Miami, and that’s where we think the market lies.”
Margulies declined to stipulate how many units have been sold, but he did say enough inventory has been moved to lay the foundation on his first new project in some five years.
Oceanfront deals in Sunny Isles.
We have information regarding South Florida Foreclosures. Our new point of operations is now in Sunny Isles on Collins Ave Oceanside. If you are interested in buying or renting Oceanfront property, call me.
Edward E. Cambas, Lic. Real Estate Broker 786-200-8817
http://www.worldviewdirect.com
an equal housing opportunity.
Edward E. Cambas, Lic. Real Estate Broker 786-200-8817
http://www.worldviewdirect.com
an equal housing opportunity.
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