HomeMy WebLinkAbout11-01-18 Correspondence - Montana Department of Commerce to Andrus - BSTF Contract Release of Funds to XY Planning Network, LLC DPAM IRECTOR BY-COTE M O N TA N A STEVE BULLOCK
DEPARTMENT OF COMMERCE
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November 1, 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 Montana Department of Commerce (Department) has reviewed the documentation
submitted for completion of start-up requirements for the City of Bozeman. The City of
Bozeman will provide up to $50,000.00 of BSTF funds to assist XY Planning Network,
LLC with the reimbursement of wages. XY Planning Network, LLC has agreed to the
creation of 10 net new full time jobs that meet the BSTF required wage rate of at least
$19.58 per hour, excluding benefits. The BSTF contract was signed by the Department
Director on August 28, 2018.
The Department has received all required documentation required for the contract to
proceed. This notice constitutes a release of funds for the above contract when the
appropriate number of eligible net new jobs has been created and eligible costs incurred.
You will need to have documented expenses for administration or activity along with the
Job Creation Certification and Project Progress Report included with your draw request.
If you need further information, please contact me at (406) 841-2792 or you may email
me at ddavidson2@mt.gov .
Sincerely,
'I
Debi Davidson
Program Specialist
Big Sky Economic Development Trust Fund
Montana Department of Commerce
cc: Raul Dominzuez, COO, XY Planning Network, LLC
David Atherton, Grant Manager, Prospera Business Network
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 TDD:406.841.2702
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