AGENDA MEMORANDUM

 

 

Meeting Date:           May 26, 2009

 

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

 

Subject:                      Resolution authorizing a lease agreement with Timothy Frantz, P. A., to lease space at the Leesburg Business & Technology Center/Incubator

 

 

Staff Recommendation:

Staff recommends approval of the lease agreement with Timothy Frantz, P. A., to lease space at the Business Incubator for a three-year term.

 

Analysis:

The Business Incubator currently has five office spaces for new and emerging businesses that will provide a service or product to our community.  The proposed lease agreement will allow Timothy Frantz, P. A., to locate their operation in the Business Incubator for a three year period.  Timothy Frantz, P. A., services include but are not limited to; small civil litigations, defensive wage garnishments, and bank levies.  Within the next three years, Timothy Frantz, P. A. plans to hire at least one new employee.

 

Options:

1.  Approve the three-year contract with Timothy Frantz, P. A., for lease space at the Business Incubator; or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

The lease will generate $9,000 over the three-year life of the agreement.

 

 

Submission Date and Time:    5/20/2009 4:46 PM____

 

Department: Housing & Economic Dev

Prepared by:  Tracie Hodge                     

Attachments:         Yes__X__   No ______

Advertised:   ____Not Required __X____                     

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. _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 A LEASE AGREEMENT WITH TIMOTHY FRANTZ, P.A., 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 Timothy Frantz, P. A., whose address is 32306 Oak Park Drive, Leesburg, Florida  34748, for services such as small civil litigations, defensive wage garnishments, and bank levies.

 

             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 May 2009.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk