LSBGHORZ
         

AGENDA MEMORANDUM

 

Meeting Date:           September 22, 2008

 

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

 

Subject:                      Resolution authorizing a lease agreement with Radius Advertising to lease space at the Leesburg Business & Technology Center/Incubator

 

 

Staff Recommendation:

Staff recommends approval of the lease agreement with Donald A. Caputo D/B/A RADIUS Advertising, to lease space at the Business Incubator for a three-year term.

 

Analysis:

The Business Incubator currently has eight office spaces for new and emerging businesses that will provide services and/or a product to our community.  The proposed lease agreement will allow RADIUS Advertising to locate their operation in the Business Incubator for a three-year period.  RADIUS Advertising is an advertising and publishing company that will produce high quality magazines for the Lake County area.  The owner has over 10 years of experience.

 

Options:

1.   Approve the three-year contract between RADIUS Advertising 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:    9/17/2008 5:44 PM____

 

Department:  Housing & Econ. Dev. ______________________

Prepared by:  ______________________                     

Attachments:         Yes__x__   No ______

Advertised:   ____Not Required __x____                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head Kenneth Thomas________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ______EFS_________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _001-0000-362-0101__

 

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 RADIUS ADVERTISING 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 Don A. Caputo D/B/A RADIUS Advertising, whose address is 1007 Royal Oak Blvd. Leesburg, FL 34749, for Advertising & Publishing Services.

 

             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 22nd day of September 2008.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk