Staff recommends approval of the lease agreement with Timothy Frantz, P. A., to lease space at the Business Incubator for a three-year term.
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.
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
The lease will generate $9,000 over the three-year life of the agreement.
Department: Housing & Economic Dev
Prepared by: Tracie Hodge
Attachments: Yes__X__ No ______
Advertised: ____Not Required __X____
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. ______JB__________
Deputy C.M. ___________________
City Manager ___________________
Account No. _001-0000-362-0101___
Project No. ___________________
WF 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.