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HomeMy WebLinkAbout05-15-19 Correspondence - Montana Department of Commerce to Andrus - BSTF Contract Extension Approved with Profitable Ideas, Inc. (PIE) TARA RICE M O N T A N A STEVE BULLOCK DIRECTOR . GOVERNOR DEPARTMENT OF COMMERCE • May 15, 2019 Mayor Cyndy Andrus City of Bozeman P O Box 1230 Bozeman, MT 59771-1230 RE: Montana Department of Commerce's Big Sky Economic Development Trust Fund (BSTF) Program, Contract#MT-BSTF-1-19-06, Profitable Ideas, Inc. (PIE) Dear Mayor Andrus: The Department of Commerce has reviewed your request for an amendment to the above referenced contract. The amendment request included: • Extending the contract for one year; and • Increasing the contract award by 12 additional jobs or $60,000. The Department has approved the extension to July 19, 2020 and an increase in award by $60,000 to create 12 net new jobs paying the wage of$19.58 per hour without benefits. Additionally, the baseline number will be modified from 26 full-time jobs to 22 full-time jobs. A contract amendment will be routed to you through DocuSign. An amendment is needed for the Business Assistance Agreement between the City of Bozeman and Profitable ideas, Inc. (PIE). The program will need an executed copy for its file. We look forward to a successful completion of this grant. Sincerely, Jennifer Pelej Division Administrator cc: Renee Storm, Profitable Ideas Inc. (PIE) Paul Reichert, Prospera Business Network Annmarie Robinson, Big Sky Economic Development Trust Fund Program COMMERCE.MT.GOV I MARKETMT.COM 301 S. PARK AVE. I OFFICE OF TOURISM AND BUSINESS DEVELOPMENT-PO BOX 2005331 HELENA,MT 59620-0533 P:406.841.2870 1 F:406.841.2871 1 TDD:406.841.2702