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HomeMy WebLinkAbout08-23-18 Correspondence - Montana Department of Commerce to Andrus - BSTF Contract to XY Planning Network, LLC BULLCK D RECTORBY-COTE M O N T A N A STEVEGOVERONOR 191111 DEPARTMENT OF COMMERCE August 23, 2018 • 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; The City of Bozeman was awarded BSTF Job Creation funding in the amount of $50,000.00 for assistance to XY Planning Network, LLC with an effective date of July 19, 2018. As stated in the guidelines, the project must demonstrate its readiness to proceed within three months of the date of award. Before the Department can issue a release of funds, the following items must be submitted to the Department by either email, mail or file transfer: From the City of Bozeman: • Completed signature certification form* (only if signatures have changed) • City of Bozeman budget resolution or amendment for this project award; • Signed assistance agreement* between the business XY Planning Network, LLC and the City of Bozeman; • Signed management plan* between the City of Bozeman and Prospera Business Network; • Notice of current insurance coverage for the City of Bozeman; • Notice of current worker's compensation coverage; and • Depository form*. From the XY Planning Network, LLC: • Business basic sector status documentation. *All forms and samples of items required above are available online at: http://marketmt.com/BSTF/JobCreation/ManageAward. When all conditions are satisfied, the Department will issue a release of funds notice which will then allow the City of Bozeman to request BSTF funds for eligible expenditures related to the contract. 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 I 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. As you work through the above requirements, feel free to contact me by phone at (406) 841-2792, or email at ddavidson2@mt.gov. All requirements are outlined in detail in the BSTF Application Guidelines available online at: http://marketmt.com/BSTF/JobCreation/Information. Sincerely, Debi Davidson Program Specialist Big Sky Economic Development Trust Fund Montana Department of Commerce cc: Raul Dominguez, COO, XY Planning Network, LLC David Atherton, Grant Manager, Prospera Business Network