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
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