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HomeMy WebLinkAbout01-23-19 Correspondence - Montana Department of Commerce to Andrus - BSTF Grant Award for MeatEater, Inc. M O N T A N A STEVE GOVERNOR Idd DEPARTMENT OF COMMERCE January 23, 2019 Mayor Cyndy Andrus9 City of Bozeman PO Box 1230 Bozeman MT 59771-1230 RE: Montana Department of Commerce, Big Sky Economic Development Program Contract # MT-BSTF-1-19-12, MeatEater, Inc. Dear Mayor Andrus; As indicated by Governor Bullock's letter dated January 22, 2019, 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 (or $4,600.00 per net new job) to assist MeatEater, Inc. with the purchase of equipment, furniture, fixtures and wage reimbursement. MeatEater, Inc. 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 is added. Job creation activities may take place as of January 16, 2019. The contract period for this project is January 16, 2019 to January 16, 2020. 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 (or $400.00 per net new job) 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:406.841.2870 1 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. Alyssa Townsend has been assigned as your BSTF Program Specialist, and she can be reached at ath mt.gov or by phone at (406) 841-2748. An onboarding meeting with the assisted business has been scheduled for MeatEater, Inc. on February 6, 2019. 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. 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: Jen Nord, MeatEater, Inc. Paul Reichert, Prospera