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5.0. 6.0. 7.0. 8.0. 9.0. 10.0. EDSR 09-21-1998
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5.0. 6.0. 7.0. 8.0. 9.0. 10.0. EDSR 09-21-1998
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City Government
type
EDSR
date
9/21/1998
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Special EDA Agenda Memo <br /> September 21, 1998 <br /> Page 7 <br /> Advisory Board to extend their leases if requested to do so. Solar Attic <br /> • endof a twoyear lease on April 15, 1999, and is currently <br /> at the p <br /> working with staff to examine opportunities for leasing space outside <br /> of the Business Incubator. Staff is of course continually working with <br /> other potential incubator prospects on an ongoing basis. As part of <br /> this budget process, staff is recommending that the EDA continue <br /> utilizing the professional services of Harlan Jacobs, Genesis Business <br /> Centers, to facilitate the Business Incubator program. <br /> Recommendation <br /> Staff recommends the EDA approve the 1999 EDA budget and <br /> Business Incubator budget as presented. The gap between income <br /> and expenses is recommended to be covered by existing incubator <br /> reserves or through an additional transfer from the initial funding <br /> source identified -Tescom loan fund payments. <br /> • <br /> 41 <br />
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