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HomeMy WebLinkAbout03-22-18 Public Comment - D. Schliem - Support for Opportunity Zones hbpzeman area canier of Commerce March 21, 2018 To: Governor Steve Bullock From: Bozeman Area Chamber of Commerce Subject: Opportunity Zone Tract 11.02 (30031001102)Support Dear Governor Bullock, The Tax Cuts and Jobs Act of 2017 established a new economic development program called Opportunity Zones designed to encourage long-term private investments, specifically in areas that are currently the focus of mutually reinforcing stat, local, and/or private economic development initiatives to foster start up activity. Opportunity Zone tract 11.02 (30031001102) creates opportunities for investment to the East Main Street Corridor which encompasses Montana State University and lends itself well to expand our Research and Development opportunities, support start-up companies and provide an opportunity for the next generation state of the are facilities. With unemployment rates below 2.8%in Bozeman Region this Opportunity Zone tract could also become attractive site for public/private partnership for expanding Gallatin College and its' skills training for expanding our workforce and offering opportunities to recruit new employees to our area. We feel that partnering the right Businesses with Gallatin College to address workforce shortage and skill sets needed could be a win/win for not only Bozeman, but the State of Montana as a whole. Thank You in advance for your consideration of selecting tract 11.02 as and Opportunity Zone in Bozeman. Sincerely, ar' Schliem Presid nt/CEO