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HomeMy WebLinkAbout03-22-18 Public Comment - Gallatin County Commission - Support for Opportunity Zones z 4��GAL AT��,`''+ County Commission GALLATIN COUNTY R. Stephen White Joe P. Skinner 311 West Main,Rm. 306 • Bozeman,MT 59715 Donald R Seifert commission@gallatin.mt.gov OF MO Phone (406) 582-3000 March 19, 2018 The Honorable Governor Steve Bullock State Capitol, Room 2014 Post Office Box 200801 Helena,Montana 59620-0801 Re: Support for Opportunity Zones Dear Governor Bullock: The recently enacted Tax Cuts and Jobs Act of 2017 established a new program designed to encourage private investments in "areas that are currently the focus of mutually reinforcing State, local, or private economic development initiatives to foster start-up activity." We are asking you to support the selections of Candidate Opportunity Zones, tracts 6 and 11.02. Tract 6 is becoming an industrious commercial and residential area of the county that embraces great historical significance. Tract 11.02 encompasses Montana State University, the Montana State University Innovation Campus (MSUIC),and the East Main Corridor in Bozeman. Investments in these zones will help drive growth in high-tech industries,which will result in a highly diverse business district providing high-wage jobs near MSU and the Bozeman downtown core. MSU,the City of Bozeman,and Gallatin County are working together to make substantial investments in research,infrastructure,and economic development initiatives. The Opportunity Zone program will help further leverage those efforts for the benefit of the city,county,and State of Montana by encouraging private investment that stays here and sets the stage for entrepreneurs to do great things. We would appreciate your support in selecting tracts 6 and 11.02 as Opportunity Zones in Bozeman. Thank you for your consideration. Sincerely, GAL N COUNTY COMMISSION �r R. phen ite, Chairman Joe P. nner ember Donald F. eifert,M r