AGENDA MEMORANDUM

Meeting Date: August 24, 2009

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

Subject:                      Resolution authorizing a lease agreement with Green Solar Solutions to lease space at the Leesburg/ Lake County/UCF Business & Technology Center/Incubator

Staff Recommendation:

Staff recommends approval of the lease agreement with Green Solar Solutions 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 Green Solar Solutions to locate their operation in the Business Incubator for a three-year period.  Green Solar Solutions is a solar dealer that will provide green building contract services.  Green Solar Solutions will hire two new employees and anticipate hiring more in the future.

Options:

1. Approve the three-year contract with Green Solar Solutions for lease space at the Business Incubator; or

2.  Such alternative action as the Commission may deem appropriate

Fiscal Impact: 

The lease will generate $10,800 over the three-year life of the agreement.

Submission Date and Time:    8/20/2009 2:49 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 Kenneth L. Thomas 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 AN AGREEMENT WITH GREEN SOLAR SOLUTIONS 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 Green Solar Solutions whose address is 2315 Overlook Drive, Mount Dora, FL  32757 for green contract 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 24th day of August 2009.

                                                                            __________________________

                                                                             Mayor

ATTEST:

__________________________

City Clerk