HomeMy WebLinkAbout07-23-18 Correspondence - A. Robinson, Montana Department of Commerce, to Andrus - BSTF Grant Award for Profitable Ideas Inc. (PIE) BULLOCK
D RE TORBY COTE M O N TA N A STEVE GOVERNOR
DEPARTMENT OF COMMERCE
July 23, 2018 AmA
Mayor Cyndy Andrus
City of Bozeman
P O Box 1230
Bozeman, MT 59771-1230
RE: Montana Department of Commerce, Big Sky Economic Development Program
Contract# MT-BSTF-1-19-07, XY Planning Network, LLC
Dear Mayor Andrus;
As indicated by Governor Bullock's letter dated July 20, 2018, your application to the Big
Sky Economic Development Trust Fund (BSTF) Job Creation Program has been
approved for funding.
The Montana Department of Commerce has tentatively approved an award of up to
$50,000.00 in BSTF Job Creation funding to be used as follows:
• Up to $46,000.00 to assist XY Planning Network, LLC with the reimbursement of
wages. XY Planning Network, LLC agrees to create 10 net new full time jobs that
meet the BSTF required wage rate of at least $19.58 per hour before the value of
benefits. Job creation activities may take place as of July 19, 2018 the date of the
award. The contract period for this project is July 19, 2018 to July 19, 2019. 60 days
prior to contract expiration, a review of the hiring plan will take place to determine the
eligibility of a contract extension. Consideration of the second year hires is also
contingent on the availability of BSTF funds.
• Up to $4,000.00 for eligible administrative expenses.
Please contact the Montana Department of Commerce prior to making any public
announcement to the media.
A contract will be sent to you electronically using DocuSign for signature.
Please keep in mind that once information is submitted to the Department, the information
is subject to the public's right to know pursuant to Article II, Section 9 of the Montana
Constitution.
The Department reserves the right to withdraw a commitment of any BSTF funds for
projects that have:
COMMERCE.MT.GOV
301 S. PARK AVE. I PO BOX 2005331 HELENA, MT 59620-0533 1 P:406.841.28701 F: 406.841.2871 1 TDD:406.841.2702
1. Not provided all requested contract information, including the job creation
baseline and certification report within 30 days of the date this letter, and/or;
2. Not returned the BSTF contract to the Department within 30 days of receipt
of the final contract, and/or
3. Are not ready to proceed within 90 days after the date of tentative award.
Debi Davidson has been assigned as your BSTF Program Specialist, and she can be
reached at ddavidson2(aD-mt.gov or by phone at (406) 841-2792.
An onboarding meeting with the assisted business has been scheduled for July 26, 2018.
At the meeting the Department will review the application and the commitment to the
project. Additionally the assisted business will need to certify to the number of jobs in the
baseline job creation report. Since the assisted business did not provide a baseline job
creation report with the application, a baseline job creation report will need to be provided
at the onboarding meeting.
Again, congratulations. We look forward to working with the City of Bozeman on this
project.
Sincerely,
`Annmarie Robinson
Section Manager, BSTF and WTG Programs
Montana Department of Commerce
cc: Raul Dominzuez, COO, XY Planning Network, LLC
David Atherton, Grant Manager, Prospera Business Network