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2012-45 INTERLOCAL AGREEMENT BETWEEN LAKE COUNTY AND THE CITY OF CLERMONT PERTAINING TO FUNDING OF THE SOUTH LAKE BUSINESS OPPORTUNITY CENTER This is an Interlocal Agreement by and between LAKE COUNTY, a political subdivision of the State of Florida, hereinafter referred to as "COUNTY ", and the CITY OF CLERMONT, a municipal corporation pursuant to the laws of the State of Florida, hereinafter referred to as "CITY" pertaining to the funding of the Business Opportunity Center. WHEREAS, Chapter 163, FL Stat. 163.01 authorizes interlocal agreements to provide services and facilities in cooperation with other local governments; and WHEREAS, the COUNTY is desirous of opening a Business Opportunity Center in the South Lake area, more specifically located at 20540 U.S. Hwy 27, Groveland, Florida, for the purposes of offering a variety of resources to businesses and to support entrepreneurship in the greater South Lake area; and WHEREAS, the CITY is desirous of assisting the COUNTY in the creation of the Business Opportunity Center and will provide annual funding for the next three (3) Fiscal Years. NOW, THEREFORE, IT IS HEREBY AGREED between the City of Groveland and the County of Lake as follows: Section 1. Recitals. The above recitals are true and correct and are incorporated herein. Section 2. County Obligations. COUNTY shall open on or about March 1, 2012, the South Lake Business Opportunity Center, to be located at 20540 U.S. Highway 27, Groveland, Florida, hereinafter the `BOC" The COUNTY shall provide the following types of services through the BOC: * Support businesses and entrepreneurs by seeking to aggressively retain and expand jobs in Lake County. * Provide space for a business incubator The incubator shall provide full service tools, programs and services for all businesses from the conceptual stage to Stage Two larger companies * Provide services to business located in Groveland, Minneola, Clermont, Mascotte, Montverde and unincorporated regions of South Lake County * Contract with Lake Sumter Community College and the Small Business Development Center to provide services and programs when necessary Section 3. City Obligations. The CITY shall provide funding assistance for the general operation of the BOC in the annual amount of $35,927.50 per year for the next three years The first payment shall be made to the COUNTY no later than April 1, 2012, with subsequent payments due on April 1, 2013 and April 1, 2014 Section 4. Term of Agreement; Termination. This Interlocal Agreement shall become effective on April 1, 2012 and shall terminate no later than April 30, 2014, unless extended through mutual agreement of the parties Either party to this Agreement may terminate with or without cause upon six (6) months written notice In the event the COUNTY terminates this Agreement, the CITY shall be entitled to a pro -rata refund of the annual payment made for the fiscal year in which the Agreement is terminated The CITY shall make such request for a refund in writing No refunds shall be given if the CITY terminates this Agreement Section 5. Notices. All notices, demands, or other writings required or permitted to be made, given, or sent in this Interlocal Agreement shall be deemed to have been fully given, made, or sent when in writing and addressed as follows TO COUNTY TO CITY County Manager City Manager P 0 Box 7800 685 West Montrose Street Tavares, Florida 32778 Clermont, Florida 34711 2 2012/Econ DevBusmess Opportunity Center /Clermont Interlocal_2 -7 -12 cc Scott Blankenship, Director Economic Development & Tourism P 0 Box 7800 Tavares, Florida 32778 All notices shall be considered properly given if personally delivered, sent by certified mail, return receipt requested, or sent by Federal Express or other equivalent overnight delivery service The effective date of such notice shall be the date personally delivered, the date of postmark, if sent by U S Mail, or the date the notice was picked up by the overnight delivery service Either party may designate other parties or addresses for the giving of notice, through a written notice given in conformity with the requirements of this Section Section 6. Modifications. It is further agreed that no modification, amendment or alteration in the terms or conditions contained herein shall be effective unless contained in a written document executed with the same formality and of equal dignity herewith Section 7. Prior Agreements. This document incorporates and includes all prior negotiations, correspondence, conversations, agreements, representations or understandings applicable to the matters contained herein and the parties agree that there are no commitments, agreements or understandings concerning the subject matter of this Interlocal Agreement which are not contained in this document Accordingly, it is agreed that no deviation from the terms hereof shall be predicated upon any prior negotiations, representations or agreements, whether oral or written IN WITNESS WHEREOF, the parties hereto have made and executed this Interlocal Agreement on the respective dates, under each signature, Lake County through its Board of County Commissioners, signing by and through its Chairman, authorized to execute the same by Board action on the 2.(f day of cam.. , 2012, and the City of Clermont, authorized to execute the same 3 2012/Econ DevBusmess Opportunity Center /Clermont Interlocal 2 -7 -12 • i Agreement Between Lake County and the City of Clermont for Funding of the South Lake Business Opportunity Center. BOARD OF COUNTY COMMISSIONERS LAKE COUNTY, FLORIDA Leslie ampione, Chairrr'?an ATTEST: This a `' day of , 2012 AN Ne il ell C1: k ofthe : •ard of Coun Commissioner MD ake County, Florida APPROVED AS TO FORM AND LEGALITY: Sanford A. Minkoff, County Attorney CITY OF CLERMONT BY. a-rold Turville, Jr., Mayor ATTEST: /� This - Ick a day of �.G 2012 L i / Tracy Ackr•‘City Clerk APPRO 1 ED AS TO ORM AND CONTEN 111 1 A ttorney 4 2012/Econ Dev/Business Opportunity Center /Clermont Interlocal 2 -7 -12