City takes over MCE lease despite incubator’s unknown future
The Maricopa City Council voted Tuesday to sign a lease on behalf of a local small-business incubator, extending its ability to function despite uncertainty about the city’s contract with the incubator’s parent organization.
Voting 5-1 in favor of the move, the city signed the 12-month lease with Transition Investments giving the Maricopa Center for Entrepreneurship the ability to operate for another year in their current offices.
Councilmember Julia Gusse cast the lone vote against the measure, despite personally benefiting from the programs offered by the MCE.
