HomeMy WebLinkAbout12-19-16 CC Mtg - C5. Resolution 4750, Orbital Shift BSTFG
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Brit Fontenot, Director of Economic Development
SUBJECT: Resolution 4750 Supporting the Application to the Big Sky
Economic Development Trust Fund Program Administered by the
Montana Department of Commerce, on behalf of Orbital Shift.
MEETING DATE: December 19, 2016
AGENDA ITEM TYPE: Consent
RECOMMENDATION: Adopt Resolution 4750 authorizing the City’s application for
a Big Sky Trust Fund Category I job creation grant on behalf of Orbital Shift and
administered by The Prospera Business Network.
BACKGROUND: The Montana Department of Commerce administers the Big Sky
Economic Development Trust Fund Category I job creation program. This State-funded
program is intended to incentivize the creation of higher paying jobs; a Bozeman City
Commission priority.
The local governing body is required to apply for the grant on behalf of the
business as a co-applicant with the local Certified Regional Development Corporation
(CRDC). The Prospera Business Network is the local CRDC. Should the grant be
awarded to Orbital Shift, staff recommends that the City Commission appoint The
Prospera Business Network to administer all aspects of the grant on behalf of the City of
Bozeman.
Started in 2009, Orbital Shift offers intuitive, easy-to-use work schedule software
solutions that eliminate the difficulties, stress and inaccuracies inherent in manual
scheduling processes. Their cutting-edge software enables businesses to quickly and
efficiently manage employee scheduling online. Their software is used to create and
update work schedules, verify employee assignments and instantly communicate essential
scheduling information to anyone who needs to know.
Orbital Shift is planning their physical expansion into the Bozeman market, with up
to sixteen (16) net new jobs. Resolution 4750, supporting their application for BSTF
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grant funding, helps to ensure that the additional positions envisioned for this growing
company become a reality in Bozeman.
Recently, Orbital Shift received publicity about their growth:
1) Worth Mentioning Today: Orbital Shift $1.25 million Fundraising, Frisco
Fastball, November 1, 2016.
2) Orbital Shift Continues to Revolutionize Workforce Management Solutions for
Businesses and Nonprofits, Large and Small, PR Newswire, Nov 15, 2016.
UNRESOLVED ISSUES: None
ALTERNATIVES: As proposed by the City Commission
FISCAL EFFECTS: If the application is successful, Orbital Shift may be awarded up
to $5,000 per net new job with a target of sixteen (16) net new jobs over the next twenty-
four (24) months for a total grant award, if all proposed new jobs are filled, of $80,000.
Attachments:
1) Resolution 4750; and
2) BSTF Signature Certification for Orbital Shift.
Report compiled on: 12-5-16
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RESOLUTION NO. 4750
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
BOZEMAN, MONTANA, RELATING TO THE APPLICATION TO BIG
SKY ECONOMIC DEVELOPMENT TRUST FUND PROGRAM
ADMINISTERED BY THE STATE OF MONTANA, DEPARTMENT OF
COMMERCE, ON BEHALF OF ORBITAL SHIFT.
WHEREAS, the Bozeman City Commission is committed to facilitating economic
diversification in the City and the region; and
WHEREAS, the Bozeman City Commission is committed to facilitating mid- and high-
wage job creation and expansion, thus positively impacting the economy of the entire region; and
WHEREAS, Orbital Shift, desires to expand their business and create additional
technology-related jobs in Bozeman; and
WHEREAS, the City Commission has determined that the technology sector has high
growth potential, supports mid to high wage jobs and supports economic diversity; and
WHEREAS, the Montana Department of Commerce administers the Big Sky Economic
Development Trust Fund Category I Job Creation Program, a state-funded program, to create good
paying jobs for Montana residents, promote long-term, stable economic growth in Montana, create
partnerships, expand existing businesses and provide a better life for future generations through
greater economic growth and prosperity in Montana; and
WHEREAS, the City Commission hereby authorizes and appoints The Prospera Business
Network to administer, on behalf of the City of Bozeman, all aspects of the Big Sky Trust Fund
Economic Development Category I grant and provide administrative support and other
responsibility for the management and appropriate reporting to the Montana Department of
Commerce.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, the City agrees to submit an application, through The Prospera Business
Network, to the Montana Department of Commerce, Big Sky Economic Development Trust Fund
Program to assist Orbital Shift in their expansion project and that The Prospera Business Network
will manage all aspects of the grant.
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PASSED AND APPROVED by the City Commission of the City of Bozeman,
Montana, at a regular session thereof held on the 19th day of December, 2016.
CARSON TAYLOR
Mayor
ATTEST:
ROBIN CROUGH
City Clerk
APPROVED AS TO FORM:
GREG SULLIVAN
City Attorney
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