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Incubator Application:Bixby Energy Systems,Inc. <br /> November 13,2001 <br /> Page 2 of 2 <br /> . In addition, Bixby Energy Systems, Inc. presented to the Energy City Demonstration <br /> Committee for consideration as a designated Energy City Demonstration Project. <br /> The Incubator Advisory Board reviewed Bixby Energy Systems, Inc. application on <br /> November 7, 2001 with a fording that the applicant met the program guidelines and is <br /> recommending that the company be admitted to the program. Staff has proposed a lease of <br /> $7.50 per square foot with a 50:50 cash/stock ratio. <br /> Action Requested <br /> Staff requests that the EDA consider the application of Bixby Energy Systems, Inc. for <br /> admittance to the Business Incubator Program. <br /> 11111 <br /> 1110 <br />