Item No: 4.C.2.
Meeting Date: December 17, 2012
From: Ken Thomas, Director of Housing & Economic Development
Subject: Resolution authorizing execution of an agreement among Lake County Government, Lake Sumter State College (LSSC), and the City of Leesburg for management and operational services for the Leesburg Business Incubator
Staff recommends approval of the agreement to provide a Business Incubation facility, administrative and technical support to aid in development of companies located in Lake County.
The subject agreement is a new agreement for incubation services to be facilitated by LSSC at the Leesburg Business Incubator. The Leesburg Incubation program was originally managed by the University of Central Florida Business Incubation Program; however, an agreement could not be reached with Lake County Government to continue management services, and LSSC stepped in to replace services provided by the UCF Business Incubation Program.
Therefore, a new agreement among LSSC, Lake County Government and Leesburg was developed to provide incubation services such as recruitment and screenings of prospective incubator applications, marketing the Leesburg Incubation program, serving as on-site administrator of the business incubation program, evaluating and monitoring the progression of business incubator clients, and providing status reports of the program services.
In summary, LSSC in partnership with Lake County Government will provide management services for the Leesburg Business Incubation Program.
1. Approve the agreement as written; or
2. Such alternative action as the Commission may deem appropriate
There is no cost of services to the City of Leesburg for LSSC management services. Lake County Government has agreed to pay for all management services.
Prepared by: ______________________
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. _________________
Project No. ___________________
WF No. ______________________
RESOLUTION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING EXECUTION OF AN AGREEMENT AMONG LAKE COUNTY GOVERNMENT, LAKE SUMTER STATE COLLEGE, AND THE CITY OF LEESBURG FOR THE PURPOSE OF MANAGING AND OPERATING THE LEESBURG BUSINESS INCUBATION PROGRAM; 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 Lake County Government, and Lake Sumter State College whose addresses are as follows: 315 West Main Street, Tavares, Florida 32778 (Lake County), 9501 U.S. Highway 441, Leesburg, Florida 34788 (LSSC) for incubation management services at the Leesburg Business Incubator.
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 _17th____ day of _December____ 2012.