AGENDA MEMORANDUM

Meeting Date:           March 10, 2008

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

Subject:                      Resolution authorizing a lease agreement with Mainville Tax Preparation & Bookkeeping to lease space at the Leesburg Business & Technology Center/Incubator.

Staff Recommendation:

Staff recommends approval of the lease agreement with Mainville Tax Preparation & Bookkeeping 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 Mainville Tax Preparation & Bookkeeping to locate their operation in the Business Incubator for a three-year period.  Mainville Tax Preparation & Bookkeeping prepares personal and business taxes and provide bookkeeping services for businesses.

Options:

1.  Approve the three-year contract between Mainville Tax Preparation & Bookkeeping 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 will generate $10,800 over the life of the agreement. 

Submission Date and Time:    3/6/2008 11:53 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. ______JB__________                                    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 MAINVILLE TAX PREPARATION & BOOKKEEPING 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 (Mainville Tax Preparation & Bookkeeping) whose address is 35746 Dawn Drive, Leesburg, Florida 34788, 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 __10th___ day of ___March______ 2008

                                                                            __________________________

                                                                             Mayor

ATTEST:

__________________________

City Clerk