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HomeMy WebLinkAboutResolution 4918 Big Sky Economic Development Trust Fund Program on behalf of Free Agent RESOLUTION NO. 4918 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 FREE AGENT. 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, Free Agent, desires to expand their business and create additional knowledge-based jobs in Bozeman; and WHEREAS,the City Commission has determined that the knowledge economy including the information and technology sectors 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; and WHEREAS, the City Commission hereby authorizes and appoints Northern Rocky Mountain Economic Development District (NRMEDD) 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 to the Montana Department of Commerce, Big Sky Economic Development Trust Fund Program to assist Free Agent in their expansion project and that NRMEDD will manage all aspects of the grant. PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 25th day-of June, 2018. THIA-L A R ay or BoZ ATTEST: �'`pq• • ' ' • , - - • • / R BIN CROUCH * _ City Clerk �� .• • • •L`9 o ` 1 ?7I�P Cp,� y` APP VE AS O FORM: GREG SULLIVAN City Attorney SIGNATURE CERTIFICATION FORM Big Sky Economic Development Trust Fund Program Montana Office of Tourism and Business Development Montana Department of Commerce 301 S. Park Avenue P.O. Box 200505 Helena, Montana 59620-0505 This is to certify that the following officialsl are authorized to sign requests for payment of Montana Big Sky Economic Development Trust funds for the Free Agent: City of Bozeman. BSTF grant: 1. �j'� Ecoyom rc ��yFw('►'nEtiT s <<A�rs i Signature Title Typed Name Signature Title 46Lv-\ Ate, Typed Name 3. 1ISS is TAur- 1-717Y Jigture Title A.(/X/ Res�lB�-tees Typed Name It is understood that any two of the above signatories must sign each request for payment submitted. t Suggested signatories include the chief elected official(Mayor or Chairperson of County Commission),city or county clerk or treasurer and the BSTF project manager. At least three officials should sign;and it is acceptable to have more to assure that at least two signatories will be available to sign requests for BSTF funds. 1 Big Sky Economic Development Trust Fund Program Montana Department of Commerce Job Creation Project Effective Date July 1,2015 2 1 hereby certify that I have witnessed the signing of the above named signatures. Date: � D /V Signature of Witness V-e. Typed Name and Title of Witness State of M tana County of � �I This instrument was signed before me on by &,PA , 61 L)�P17 .0- Print name of signer(s) ObtaryMSSignEtune& [Montana notaries must complete the following, if not part of stamp.] i aiiVApdM(pt6NVENUE Printed Name Notary Public Notary Public for the state of _ J�fa�A4ltstate of Montana Residing at Residing at: SEAL.-", Bozeman, Montana My Commission expires: , 20 P My commission Expires: January 26,2022 „ 2 Suggested witness is an elected official other than one of the three signatories. 2 Big Sky Economic Development Trust Fund Program Montana Department of Commerce Job Creation Project Effective Date July 1,2015 Vill. CERTIFICATION BY LOCAL GOVERNMENT AND BUSINESS As the responsible authorized agents of Local or Tribal Government Applicant: City of Bozeman and Applicant Business: FreeAgent Network, Inc. ,we hereby submit this Big Sky Economic Development Trust Fund Application. The information presented in this application is, to the best of our knowledge, true, complete and accurately represents the proposed project.We understand that additional information and documentation may be required. In addition, we understand that the local or tribal government applicant and the assisted business receiving BSTF financial assistance are liable for the full amount of the award that is advanced by the Department if the assisted business: misrepresents itself or its claims, fails to create or maintain the number of net new eligible jobs as specified in the executed contract and assistance agreement, fails to inject the required amount of match into the project as specified in the executed contract and assistance agreement, or ceases operations at the Project Site. ❑E The Applicant designates David Fine (Name and Phone number) as the authorized contact for any additional Department requests for the release of additional information regarding this application for BSTF funds. Local or Tribal Government Applicant: City of Bozeman will accept responsibility for management of the project and compliance with Big Sky Economic Development Trust Fund regulations. Applicant Business: FreeAgent Network, Inc. will accept responsibility for compliance with applicable Big Sky Economic Development Trust Fund regulations as specified in this application. Name (typed): Cyndy Andrus Local or Tribal Government Title (typed): Mayor, City of Bozain ap Chief E ci Offi Signature: X /I Date: l As the respo sible authorized agents of the Assisted Business: FreeAgent Network, Inc. , we hereby sub thisBig SkV'Economic Development Trust Fund Application. The information presented in this application is, to the best of our knowledge, true, complete and accurately represents the proposed project.We understand that additional information and documentation may be required. In addition, we understand that the local or tribal government applicant and the assisted business receiving BSTF financial assistance are liable for the full amount of the award that is advanced by the Department if the assisted business: misrepresents itself or its claims, fails to create or maintain the number of net new eligible jobs as specified in the executed contract and assistance agreement, fails to inject the required amount of match into the project as specified in the executed contract and assistance agreement, or ceases operations at the Project Site. The assisted business agrees that the Montana Department of Commerce and the Montana Department of Revenue may share financial and tax information related to this application. Name (typed): Assisted Business David Stephens Title (typed): CEO Authorized Representative Signature: X Date: