Placement: Consent Agenda
Action Requested: Motion / Vote
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Approve the Interlocal Agreement between the City of Port St. Lucie and the District Board of Trustees of Indian River State College to provide small business consulting services through the Florida Small Business Development Center (SBDC) at Indian River State College.
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Submitted By: Elijah Wooten, Economic Development Administrator.
Strategic Plan Link: The City's Goal of a diverse local economy and employment opportunities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: District Board of Trustees of Indian River State College.
2. Parties: City of Port St. Lucie and the District Board of Trustees of Indian River State College.
3. Purpose: The City will continue to provide funding for a full-time Port St. Lucie business consultant. Due to the increase in start-up business the Florida SBDC is also requesting funding for an additional part-time business consultant.
4. New/Renewal/Modified: Modified.
5. Duration: Three (3) consecutive one-year agreements.
6. Benefits to Port St. Lucie: The Florida SBDC at Indian River State College will provide free business consulting services and entrepreneurial training to new and established small businesses in Port St. Lucie.
7. Cost to Port St. Lucie (Annual and Potential): The annual cost to continue the full-time business consultant is $35,000 and the new part-time business consultant is $36,000. The total annual cost is $71,000. The total cost for the three (3) year interlocal agreement for business consulting services is $213,000.
Presentation Information: Elijah Wooten, Economic Development Administrator will address any questions if the consent item is pulled for discussion by the City Council.
Staff Recommendation: Move that the Council approve the interlocal agreement for small business consulting services between the City of Port St. Lucie and the District Board of Trustees of Indian River State College.
Alternate Recommendat...
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