HomeMy WebLinkAbout19- Amendment A to Business Assistance Agreement - MeatEater, LLC - Department of Commerce Big Sky Trust Grant MT-BSTF-1-19-12 - ORIGINAL DOCUMENT MONTANA DEPARTMENT OF COMMERCE
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND
Grant MT-BSTF 1-19-12
Business Assistance Agreement-Amendment A
The parties to this contract (the Contract) are the City of Bozeman, (the "City, Town, County, or Tribal
Government'), and MeatEater, LLC., (the "Assisted Business"); Tax identification number: 82-4124267.
The City and the Assisted Business mutually agree to amend the Business Assistance Agreement, executed by
them as follows:
1. B. PURPOSE: The purpose of this Contract is for the Assisted Business to use up to $100,000 in Big
Sky Economic Development Trust Fund (the "BSTF") grant funds, to be uses as follows:
a. Up to $92,000 to assist with equipment, furniture, fixtures and wage reimbursement for net new jobs
created.
The Assisted Business has agreed to create 20 eligible net new jobs at the Project Site located at
Bozeman, MT (the "Project Site") in the Government's jurisdictional area within the Contract time
period.
b. In addition, MeatEater, Inc., has agreed to a total new investment at the Project Site, which is equal
to or greater than $1 for every $1 of BSTF financial assistance received or up to $100, 000 within
this Contract time period, to satisfy the required match ration for the grant.
Section 3. COMPENSTATION AND CONSIDERATION: The total amount to be reimbursed to the
Assisted Business under the Contract shall be up to $100,000 (less grant administration fees) per
eligible net new jobs created by the Assisted Business for documented costs with reimbursement not to
exceed a total of 92,000 (total BSTF award, minus grant administration fees) for the entire Contract.
a. The Government will authorize the Assisted Business to draw up to $92,000 (total BSTF award
minus grant administration fees) against the funding reserved for the Assisted Business by the
Department. Unless otherwise authorized by the Government, the Assisted Business may receive
grant funds periodically over the Contract period only upon documenting the expenditure of the
required matching funds and the creation of the eligible net new jobs by the Assisted Business, and
after incurring eligible expenses.
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Section 4. PERIOD OF CONTRACT: The Contract will be in effect for the period commencing
January 16, 2019 and will expire January 16, 2021 unless otherwise terminated by law or in
compliance with the terms of the Contract.
2. All other provisions of the Contract remain in full force and effect.
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Business Assistance Agreement MeatEater, Inc. September I,2019
Amendment A
Kevin Sloan, CEO Date
MeatEater, Inc.
Jen Nord, VP of Finance Date
MeatEater, Inc.
C dy Andrus, Mayor Date
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Business Assistance Agreement MeatEater, Inc. September I,2019
Amendment A