AGENDA MEMORANDUM

 

Meeting Date:           April 26, 2010

 

From:                          Kenneth L. Thomas, Director of Housing & Economic Development          

 

Subject:                      Resolution authorizing a lease agreement with Evergreen Construction Management, to lease space at the Leesburg Business Incubator

 

Staff Recommendation:

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. 

 

Analysis:

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.    

 

Options:

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

 

Fiscal Impact

The lease terms will generate $9,000 over the three-year life of the agreement. 

Submission Date and Time:    4/22/2010 9:28 AM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION 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

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk