††††††††††††††††††††††††††††

AGENDA MEMORANDUM

 

Meeting Date:†††††††††† November 26, 2007

 

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

 

Subject:††††††††††††††††††††† Resolution authorizing a lease agreement with The Entrepreneurís Source to lease space at the Leesburg Business & Technology Center/Incubator

 

 

Staff Recommendation:

Staff recommends approval of the lease agreement with The Entrepreneurís Source to lease space at the Business Incubator for a three year term.†

 

Analysis:

The Business Incubator currently has eight new office spaces for new and emerging businesses that will provide a service or product to our community.† The proposed lease agreement will allow The Entrepreneurís Source to locate their operation in the Business Incubator for a three year period.† The Entrepreneurís Source is a premier company focused on self-employment options and franchising opportunities.† The Entrepreneurís Source will help coach other budding entrepreneurs through the evaluation of their goals and prospective company expectations.† The Entrepreneurís Source will guide individuals through career transitions, and to discover what options are right for the individuals.†

 

Options:

1.† Approve the three-year contract between The Entrepreneurís Source and the City of Leesburg††

†††† Business Incubator for lease space or;

2.† Such alternative action as the Commission may deem appropriate

 

Fiscal Impact:†

The three year lease agreement will provide $10,800 to the City.

 

Submission Date and Time:††† 11/21/2007 6:16 PM____

 

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 CLERK TO EXECUTE A LEASE AGREEMENT WITH THE ENTREPRENEUR'S SOURCE FOR OFFICE SPACE AT THE BUSINESS INCUBATOR; 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 The Entrepreneurís Source whose address is Post Office Box 1987, Lady Lake, Florida 32158-1987 for a three year lease agreement.

 

††††††††††† †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 __November_______ 2007

 

 

 

†††††††††††††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††††††††__________________________

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Mayor

 

ATTEST:

 

 

__________________________

City Clerk