HomeMy WebLinkAbout19- Amendment to Management Plan - Zinovo, LLC - Big Sky Trust Fund Grant - ORIGINAL SIGNATURES Exhibit A
MANAGEMENT PLAN
This Contract Amendment is entered into by and between the City of Bozeman, (the "City") and
Zinovo, LLC (the "Assisted Business").
1. All partied mutually agree to amend the Management Plan ("Plan"), executed by them on
June 8, 2018 as follows:
A. ADMINISTRATIVE STRUCTURE
2. Prospera Business Network, (PBN)
a. Alexa Freeburg, Grant Coordinator, will serve as the Project
Administrator and will be responsible for overall coordination for all
official contacts with City of Bozeman on behalf of PBN. Telephone:
(406) 587-3113.
3. Zinovo LLC, the Assisted Business
The Assisted Business has agreed to create 10 eligible net new jobs at the project
site located at Zinovo LLC, located in Bozeman Montana (the "Project Site"). An
eligible net new job is defined as one that is new to the company and has not been
filled before December 1, 2017. Eligible new job criteria is a full-time job, meaning
a predominantly year-round position requiring an average of 35 hours of work each
week, and pays wages that meet or exceed $19.02 per hour, excluding benefits.
B. PROJECT MANAGEMENT
2. Alexa Freeburg, Prospera Business Network, Project Administrator is
responsible for the following project activities and will:
C. FINANCIAL MANAGEMENT
As designed in the BSTF contract, the total amount of the BSTF award will not exceed
$50,000 less grant administration fees.
2. Assisted Business — Project Funds
a. As outlined in the BSTF Contract, the Assisted Business will receive
up to $4,600 per eligible net new job created by the Assisted Business
for documented cost with reimbursement not to exceed a total of
$46,000.
b. An eligible net new job is defined as one that is new to the company
and has not been filled before December 1, 2017. Eligible new job
criteria is a full-time job, meaning a predominantly year-round position
requiring an average of 35 hours of work each week, and pays wages
that meet or exceed $19.02 per hour, excluding benefits.
2. All other provisions of the Contract remain in full force and effect.
Zinovo Amended Agreement and Management Plan 3 October 2019
WE HAVE READ THE MANAGEMENT PLAN AND ARE AWARE OF THE RESPONSIBILITIES FOR THE
MANAGEMENT AND OVERALL SUCCESS OF THE BSTF PROJECT AS THE DESIGNATED LIAISONS FOR THE
PROJECT:
CITY PROJECT MANAGER CITY FISCAL CONTACT
Brit Fontenot, City of Bozeman Robin Crough, City Clerk
Date Date
PROSPERA BUSINESS NETWORK ZINOVO LLC
PROJECT ADMINISTRATOR PROJECT REPRESENTATIVE
Alexa Freeburg, Prospera Business Network Jonathan Distad, Zinovo LLC
Date Date
Zinovo Amended Agreement and Management Plan 4 October 2019
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day
of 20 .
City of Bozeman'Commission oee
Cyndy An us, Mayor
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Prospera Business Network
Paul Reichert, Executive Director PBN Carolyn Murry, Accountant PBN
Date Date
Zinovo LLC
Peg Rifleman, Zinovo COO
Date
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Zinovo Amended Agreement and Management Plan 5 October 2019