B | Consideration and approval of the renewal of the Business Incubator and Accelerator Master Lease (Master Lease) and the Agreement For Services for the Business Incubator and Accelerator (Services Agreement): Flagstaff Business Incubator and Accelerator Agreements with Northern Arizona Technology and Business Incubator, Inc doing business as the Center for Entrepreneurship and Technology (NACET). | ||||||
Community Investment Director David McIntire introduced Grants and Contracts Manager Stacey Brechler-Knaggs who provided a PowerPoint presentation that covered the following: NACET RENEWAL AND AMENDMENT NACET RENEWAL – BACKGROUND CURRENT MODEL HIGHLIGHTS INCUBATOR ACCELERATOR SERVICES ORGANIZATION MONEY FLOW BUILDING EXPENSES Mr. McIntire continued the presentation. RECOMMENDED MODEL NEW MODEL HIGHLIGHTS ORGANIZATION MONEY FLOW CONSIDERATIONS SOME KEY POINTS THE FUTURE |
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Moved by Councilmember Charlie Odegaard, seconded by Councilmember Scott Overton to approve the renewal of the Master Lease and Services Agreement with NACET for the Flagstaff Business Incubator and Accelerator located at 2225 and 2201 North Gemini Drive respectively and authorize the City Manager to make any non-substantive changes to the Master Lease and Services Agreement. | |||||||
Vote: 5 - 0 - Unanimously | |||||||