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HomeMy WebLinkAbout10-19-18 Correspondence - Montana Department of Commerce to Andrus - BSTF Contract Final Closeout for Bigart Ecosystems, LLC dba Wisetail HAX D RnECTORBY-COTE M O N TA N A STEVE BULLCK GOVERONOR DEPARTMENT OF COMMERCE October 19, 2018 • Mayor Cyndy Andrus TO24 `QS City of Bozeman P O Box 1230 Bozeman, MT 59771-1230 RE: Montana Department of Commerce, Big Sky Economic Development Program Contract# MT-BSTF-1-16-21; MT-BSTF-1-16-21A and MT-BSTF-1-16-21B, Bigart Ecosystems, LLC dba Wisetail Dear Mayor Andrus: This letter is in regards to the final closeout of the Big Sky Economic Development Trust Fund (BSTF) Program contract with the City of Bozeman to assist Bigart Ecosystems, LLC dba Wisetail with eligible purchase of equipment and wage reimbursement. The City of Bozeman was awarded $60,000.00 in BSTF funds through the Montana Department of Commerce (Department) effective May 23, 2016, with a contract expiration date of May 23, 2017. This contract was amended to $40,000.00 for the creation of an 8 jobs with an expiration date of May 23, 2018 and amended again to expire November 23, 2018. In the final report from Bigart Ecosystems, LLC dba Wisetail dated August 24, 2018, the Department received the Job Creation Report and Certification documenting the creation of 20 BSTF eligible jobs. The final $10,000.00 reimbursement for eligible expenses was processed on September 7, 2018. The Department also received the final project closeout certification, dated October 19, 2018. All BSTF related records must be retained for three years after final project closeout approval by the Department. To assist the Department with program performance reporting, the BSTF award recipient may be required to provide annual project updates for 3 years after the close of the contract. Please consider this letter as documentation of closeout approval of the City of Bozeman's BSTF project by the Department. If you have any questions, please contact me at (406) 841-2792 or by email at ddavidson2@mt.gov. It has been a pleasure working with you! Sincerely, At Debi Davidson Program Specialist Big Sky Economic Development Trust Fund Montana Department of Commerce cc: Cristy Peterson, Office Manager, Bigart Ecosystems, LLC dba Wisetail Paul Reichert, Executive Director, Prospera Business Network Brit Fontenot, City of Bozeman, Director Economic Development and Community Development COMMERCE.MT.GOV 301 S. PARK AVE. I PO BOX 200533 1 HELENA, MT 59620-0533 1 P:406.841.2870 1 F:406.841.2871 1 TDD:406.841.2702