Items Types:
Economic Development
For Meeting of:
May 12, 2014
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Agreement for Participation in the Orlando E-Street Program between the City of Orlando and Orlando Tech, Inc.


Following the success of the Orlando Main Street and Market Street Programs, the City seeks to use the Main Street model to strengthen our burgeoning tech industry. If approved, the City will provide funding to Orlando Tech, Inc. through the E-Street Program.

Orlando Tech, Inc. will participate in the E-Street Program as a virtual community district with the objective to make Orlando a city where tech companies choose to locate and the digital workforce thrives. Orlando Tech will use the Main Street approach to connect, promote and foster the growth of tech companies in the Orlando area.

The Main Street approach gradually builds on existing resources and fosters improved community leadership and support on behalf of the business district for the long term. The districts are also required to have a full-time manager.

Main Street is a national program that assists business districts with developing the necessary market niche and creating a cohesive visual identity unique to the district. The Orlando Main Street Program was implemented in 2007 as a five-year initiative to revitalize Orlando's neighborhood business districts. After the program was implemented, it was expanded to include a commercial corridor that did not meet the national program criteria as a Market Street. E-Street is modeled after the existing Market Street agreement.

To date, the Orlando City Council has approved seven Main Street Districts and one Market Street District: College Park Partnership, Ivanhoe Village, Audubon Park Garden District, Downtown South, Mills 50, Church Street District, Gateway Orlando (f/k/a Semoran Business Partnership) and the Thornton Park District. This year we are seeking approval to add the City’s first E-Street to the program, Orlando Tech, Inc.

The Orlando Main Street Program requires that an annual agreement be approved by City Council for each Main Street, Market Street or E-Street District. Under the Orlando Main Street Program, the City provides annual funding, and the Districts are required to raise matching funds. The funding and required match per district is as follows:

Year 1-$50,000 -City of Orlando and $10,000-District
Year 2-$45,000 -City of Orlando and $15,000-District
Year 3-$40,000 -City of Orlando and $20,000-District
Year 4-$35,000 -City of Orlando and $25,000-District
Year 5-$30,000 -City of Orlando and $30,000-District

Fiscal & Efficiency Data: Fiscal Impact Statement Attached. 

Recommended Action:
Approve the new agreement between the Orlando Tech, Inc. and the City of Orlando for E-Street designation; authorizing the Mayor or Mayor Pro Tem and City Clerk to execute same, subject to review and approval of the Office of Legal Affairs.

Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Emily Brown 407.246.3123
Approved By:

Department Date and Time
Planning and Environmental Attorney 5/1/2014 9:57 AM
Budget Outside Routing Approval 5/1/2014 12:06 PM
City Clerk 5/1/2014 12:23 PM

Name: Description: Type:
Orlando_Tech_E-Street_Agreement_2014-2015_final_2.pdf Agreement for Participation in the Orlando E-Street Program between the City of Orlando and Orlando Tech, Inc. Backup Material
Orlando_Tech_FIS.pdf Fiscal Impact Statement Fiscal Impact Statement

"Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner."