Staff recommends approval of the lease agreement between Evergreen Construction Management and the City to lease space at the Business Incubator for a three-year term.
The Business Incubator currently has six new and emerging businesses located at the business incubator providing services and/or products to our community. The proposed new lease will allow Evergreen Construction Management to lease the last remaining space in the business incubator. This will bring the business incubator to full capacity.
Evergreen Construction Management was incorporated just over a year and their business will focus on construction management at risk, general and building contracting. Evergreen’s target customer base is local governments, schools, hospitals and other health care facilities. Within the next twelve months, the company anticipates hiring four new employees.
1. Approve the three-year contract between Evergreen Construction Management and the
City for a three-year term at the Business Incubator; or
2. Such alternative action as the Commission may deem appropriate
The lease terms will generate $9,000 over the three-year life of the agreement.
Prepared by: ______________________
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. _________________
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY COMMISSION TO APPROVE THE LEASE AGREEMENT BETWEEN EVERGREEN CONSTRUCTION MANAGEMENT WITH THE CITY OF LEESBURG TO LEASE SPACE AT THE BUSINESS INCUBATOR FOR A THREE-YEAR TERM.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to execute an agreement with Evergreen Construction Management whose address is 1218 Sablewood Drive, Apopka, Florida 32712 to lease space at the Leesburg Business Incubator.
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the _26th___ day of _April________ 2010