Description: AGENDAHED.JPG

 

Item No:                    4.C.2.

 

Meeting Date:           December 17, 2012

 

From:                          Ken Thomas, Director of Housing & Economic Development

 

Subject:                      Resolution authorizing execution of an agreement among Lake County Government, Lake Sumter State College (LSSC), and the City of Leesburg for management and operational services for the Leesburg Business Incubator

 

 


Staff Recommendation:

Staff recommends approval of the agreement to provide a Business Incubation facility, administrative and technical support to aid in development of companies located in Lake County.  

 

Analysis:

The subject agreement is a new agreement for incubation services to be facilitated by LSSC at the Leesburg Business Incubator.  The Leesburg Incubation program was originally managed by the University of Central Florida Business Incubation Program; however, an agreement could not be reached with Lake County Government to continue management services, and LSSC stepped in to replace services provided by the UCF Business Incubation Program. 

 

Therefore, a new agreement among LSSC, Lake County Government and Leesburg was developed to provide incubation services such as recruitment and screenings of prospective incubator applications, marketing the Leesburg Incubation program, serving as on-site administrator of the business incubation program, evaluating and monitoring the progression of business incubator clients, and providing status reports of the program services. 

 

In summary, LSSC in partnership with Lake County Government will provide management services for the Leesburg Business Incubation Program. 

 

Options:

1.  Approve the agreement as written; or

2.  Such alternative action as the Commission may deem appropriate

 

 

Fiscal Impact: 

There is no cost of services to the City of Leesburg for LSSC management services.  Lake County Government has agreed to pay for all management services.  

 

 

Submission Date and Time:    12/13/2012 9:55 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._______________

 

 RESOLUTION OF THE CITY OF LEESBURG, FLORIDA,  AUTHORIZING EXECUTION OF AN AGREEMENT AMONG LAKE COUNTY GOVERNMENT, LAKE SUMTER STATE COLLEGE, AND THE CITY OF LEESBURG FOR THE PURPOSE OF MANAGING AND OPERATING THE LEESBURG BUSINESS INCUBATION PROGRAM; AND PROVIDING AN EFFECTIVE DATE.

 

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 Lake County Government, and Lake Sumter State College whose addresses are as follows: 315 West Main Street, Tavares, Florida 32778 (Lake County), 9501 U.S. Highway 441, Leesburg, Florida 34788 (LSSC) for incubation management services 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 _17th____ day of _December____ 2012.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

_________________________________

City Clerk