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HomeMy WebLinkAbout11-13-17 Correspondence - Montana Department of Commerce to Taylor - BSTF Grant Extension for Montana Meat Co. BULLCK D RECTORBY-COTE f 1 M O N T A N A STEVE GOVERNOR Jill DEPARTMENT OF COMMERCE November 13, 2017 �— Mayor Carson Taylor City of Bozeman P O Box 1230 Bozeman, MT 59771-1230 RE: Notice of Big Sky Economic Development Trust Fund (BSTF) Grant Extension Approval for Montana Meat Co., MT-BSTF-1-16-14 and MT-BSTF-1-1 6-14A Dear Mayor Taylor: The City of Bozeman's request for a one-year extension on the above referenced contract was recently reviewed by the Department's Loan and Grant Review Committee. The Department has approved a one-year extension for the above referenced contract with the understanding that the contract could be closed-out as soon as Montana Meat Co. is able to document that three (3) jobs have met the wage requirement. The award amount is also reduced to $22,500.00 the amount that has been reimbursed to the City of Bozeman. The BSTF Contract will now expire on November 20, 2018. A contract amendment will be routed to you through DocuSign. We look forward to a successful completion of this grant. Sincerely, fOOS-eanBecker Division Administrator C: Paul Reichert, Prospera Business Network Garl Germann, President, Montana Meat Co. COMMERCE.MT.GOV 301 S. PARK AVE. I PO BOX 2005331 HELENA, MT 59620-0533 1 P: 406.841.28701 F: 406.841.287'1 TDD:406.841.2702 j