AGENDA MEMORANDUM

 

 

 

Meeting Date:           November 26, 2007

 

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

 

Subject:                      Resolution authorizing a lease agreement with Community Builders Group, LLC to lease space at the Leesburg Business & Technology Center/Incubator

 

 

Staff Recommendation:

Staff recommends approval of the lease agreement with Community Builders Group, LLC 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 services or a product to our community.  The proposed lease agreement will allow Community Builders Group, LLC to locate their operation in the Business Incubator for a three year period.  The Community Builders Group, LLC is a one-stop operation that will provide construction and design services.  The owner has over 20 years of experience designing projects. 

 

Options:

1.  Approve the three-year contract between the Community Builders Group, LLC and the City of Leesburg Business Incubator for lease space; or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

The lease term will generate $10,800 over the life of the agreement. 

 

 

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 AN AGREEMENT WITH COMMUNITY BUILDERS GROUP, LLC FOR LEASE 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 Community Builders Group, LLC whose address is Post Office Box 991, Winter Park, Florida 32790 for a 3 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