HomeMy WebLinkAbout22- Big Sky Economic Development Trust Fund Grant - Profitable Ideas Exchange, Inc - Business Assistance Agreement
Business Assistance Agreement-Management Plan 1 City of Bozeman/Profitable Ideas Exchange
MT-BSTF-1-21-19A
AGREEMENT BETWEEN the City of Bozeman
AND Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC,
formerly known as Profitable Ideas Exchange, Inc.
BSTF Grant #: MT-BSTF-1-21-19A
A. PARTIES: The parties to this contract (the Contract) are the CITY OF BOZEMAN, PO Box
1230, Bozeman, MT 59771-1230, (the “City”), and Profitable Ideas Exchange, Inc. Profitable
Ideas Exchange LLC, formerly known as Profitable Ideas Exchange, Inc, 815 Manley Road,
Suite A, Bozeman, MT 59715-7996, (the “Assisted Business”); Tax identification number 81-
0543156.
B. PURPOSE: The purpose of this Contract is for the Assisted Business to use up to $105,000
$195,000 in Big Sky Economic Development Trust Fund (the “BSTF”) grant funds, to be used as
follows:
• Up to $96,600 $179,400 to assist with the purchase of computers, equipment and
wage reimbursement for net new jobs created.
a. The Assisted Business has agreed to create 21 39 eligible net new jobs at the project
site located at 815 Manley Road, Suite A, Bozeman, MT 59715 (the “Project Site”) in
the Government’s jurisdictional area within the Contract time period. An eligible net new
job is defined as one that is new to the company and has not been filled on or before
April 1, 2021. Eligible new job criteria are a full-time job, meaning a predominantly year-
round position requiring an average of 35 hours of work each week; and
b. Pays wages that meet or exceed $21.58 per hour, before the value of benefits is added.
c. In addition, Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC. 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 $105,000 $195,000, within this
Contract time period, to satisfy the required match ratio for the grant.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein, the parties
hereto agree as follows:
1. SCOPE AND DUTIES: The Government and the Assisted Business shall engage in activities
as set forth in the Government’s Montana Department of Commerce (“Department”) BSTF
application, including any written modifications resulting from the review of the application by the
Department for grant assistance, all of which, by this reference are made a part hereof. The
Government shall enter into this Assistance Agreement with the Assisted Business that shall be
approved in writing by the Department before the release of funds. The Government will only
release funds to reimburse eligible and documented costs. Management of the BSTF grant is
referenced in the attached Exhibit A of this Contract.
2. REPORTING: Unless otherwise specified by the Government, the Assisted Business will
also submit Project Progress Reports quarterly to the Government and the Department until the
Assisted Business receives Contract closeout approval from the Government and Department.
The Project Progress Report must be provided on or before April 15, July 15, October 15 and
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January 15 for each year of the Contract time period and at closeout of the Contract. The
Project Progress Reports shall include, but are not limited to, the following information:
• Certified employment documentation from the Assisted Business that includes the
breakdown of jobs created, using the Job Status Spreadsheet and accompanying Job
Certification Form; and
• Written Progress Report that should include the following items:
o detailing progress towards achieving the hiring objectives and project goals
that were described in the application with projected completion date;
o any difficulties encountered in working towards these goals;
o any changes within the assisted business structure, business name or
changes to its registration with the Montana Secretary of State’s office; and
o any other pertinent information.
In drawing against the reserved amount, the Assisted Business shall:
• Provide a Project Progress Report, and a current, signed Job Creation Spreadsheet
and Certification as noted above;
• Provide documentation of eligible reimbursable costs/match-usually consultant
invoices; and
• Update the Invoice Tracking spreadsheet, with updates of latest invoices included.
3. COMPENSATION AND CONSIDERATION: The total amount to be reimbursed to the Assisted
Business under the Contract shall be up to $4,600 per eligible net new job created by the
Assisted Business, for documented costs with reimbursement not to exceed a total of $96,600
$179,400 (total BSTF award, minus grant administration fees) for the entire Contract.
The City of Bozeman will not reimburse the Assisted Business for any costs incurred prior to
April 1, 2021, nor for any expenses not included in the approved budget or not clearly and
accurately supported by the Assisted Business’s records.
a) The City of Bozeman will authorize the Assisted Business to draw up to $96,600 $179,400
(total BSTF award, minus grant administration fees) against the funding reserved for the
Assisted Business by the Department. Unless otherwise authorized by the City of
Bozeman, 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.
b) If the City of Bozeman, determines that the Assisted Business has failed to satisfactorily
carry out the duties and responsibilities under the Contract, the City of Bozeman may
revoke the Assisted Business's ability to access additional funds until such time as the
Government and the Assisted Business agree on a plan to remedy the deficiency.
c) The City of Bozeman, may recapture funds and return funds to the Department if:
• At the end of the contract period the Department has overpaid based on the
number of net new jobs at the end of the contract period; or
• The Assisted Business ceases operations at the Project Site within the contract
period.
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d) The City of Bozeman, reserves the right to withdraw a commitment for any BSTF funds
which remain un-disbursed at Contract closeout or at the end of the Contract period.
e) The Assisted Business certifies that no request for reimbursement submitted for eligible
expenses under this Contract shall duplicate any expense submitted to the Department for
reimbursement under any other program administered by the Department.
4. PERIOD OF CONTRACT: The Contract will be in effect for the period commencing April 1,
2021 and will expire once the Montana Department of Commerce officially closes out the BSTF
grant award to the City of Bozeman.
With approval by the Department, the City of Bozeman, reserves the right to extend this Contract
based on, but not limited to, the Assisted Business’s performance of the contracted activities, and
the Assisted Business’s compliance with program requirements. This would include but not
limited to:
a) The Assisted Business has created the net new jobs paying the BSTF wage rate per the
original application; and
b) The submission of:
• a new Job Creation Report and executed Certification Form;
• A formal request from the City of Bozeman, that provides the Department with a
clear picture of the current business activities which clearly outlines why a contract
extension is being requested;
• A new hiring plan that covers the extension period; and
• Any additional information as requested by the Department in making their
determination of approval.
5. LIAISON: The contact person for the City of Bozeman, is Brit Fontenot, Director of
Economic Development (406) 582-2258, or successor, and Renee Storm, Human Resources
Manager (406) 582-7826 or successor for the Assisted Business.
6. SIGNATORY JOB CREATION REPORTING: The person responsible for approving and
signing the Job Creation Certification for the Assisted Business is Renee Storm, Human
Resources Manager, (406) 582-7826, rstorm@profitableideas.com, or successor in the same
job role, and Andi Baldwin, Partner, Managing Director, (406) 582-0695,
abaldwin@profitableideas.com or successor in the same job role.
7. PROJECT MONITORING: The Department or any of its authorized agents may monitor and
inspect all phases and aspects of the Contractor’s performance to determine compliance with the
SCOPE OF WORK, the proper use of Program funds, and other technical and administrative
requirements of this Contract, including the adequacy of the Contractor’s records and accounts.
The Department will advise the Contractor of any specific areas of concern and provide the
Contractor opportunity to propose corrective actions acceptable to the Department.
Failure by the Contractor to proceed with reasonable promptness to take necessary corrective
actions shall be a default. If the Contractor’s corrective actions remain unacceptable, the
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Department may terminate this Contract in whole or in part, or reduce the contract price or award
to reflect the reduced value of services received.
8. COMPLIANCE WITH WORKERS’ COMPENSATION ACT The Assisted Business accepts
responsibility for supplying, and requiring all subcontractors to supply, the City of Bozeman with
proof of compliance with the Montana Workers’ Compensation Act while performing work for the
State of Montana. (Mont. Code Ann. §§ 39-71-401, 39-71-405, and 39-71-417.) Neither the
Assisted Business nor its employees are employees of the Government. The proof of
insurance/exemption must be in the form of workers’ compensation insurance, an independent
contractor exemption, or documentation of corporate officer status and must be received by the
Government within 10 working days of the execution of this Contract, and must be kept current
for the entire term of the contract.
CONTRACTS WILL BE TERMINATED PURSUANT TO THE PROVISIONS OF SECTION 11
TERMINATION OF CONTRACT IF THE ASSISTED BUSINESS FAILS TO PROVIDE THE
REQUIRED DOCUMENTATION WITHIN THE ALLOTTED TIME FRAME.
Coverage may be provided through a private carrier or through the State Compensation Insurance
Fund (406) 444-6500. An exemption can be requested through the Department of Labor and
Industry, Employment Relations Division (406) 444-1446. Corporate officers must provide
documentation of their exempt status.
9. ACCESS AND RETENTION OF RECORDS: Upon receipt of reasonable advance notice, the
Assisted Business agrees to provide the Government, Montana Department of Commerce,
Legislative Auditor or their authorized agents, access to any records necessary to determine
contract compliance. The Assisted Business agrees to create and retain records supporting the
BSTF project activities for a period of three years after either the completion date of the Contract
or the conclusion of any claim, litigation, or exception relating to the Contract taken by the State
of Montana or third party.
10. TERMINATION OF CONTRACT: This Contract may only be terminated in whole or in part
as follows:
a) Termination Due to Loss or Reduction of Funding. The Government, at its sole
discretion, may terminate or reduce the scope of this Contract if available funding sources
are eliminated or reduced for any reason. If a termination or modification is so required,
the Government may, if sufficient program funds are available, compensate the Assisted
Business for eligible services rendered and actual, necessary, and eligible expenses
incurred as of the revised termination date. The Government will notify the Assisted
Business of the effective date of the termination or modification of this Contract and, if a
reduction in funding is required, will provide the Assisted Business with a modified Project
budget.
b) Termination for Cause with Notice to Cure Requirement. The Government may
terminate this Contract for failure of the Assisted Business, its contractors, or
subcontractors to perform or comply with any of the services, duties, terms or conditions
contained in this Contract after giving the Assisted Business written notice of the stated
failure. The written notice will demand performance of the stated failure within a specified
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period of time of not less than thirty (30) days. If the demanded performance is not
completed within the specified period, the termination is effective at the end of the specified
period.
c) Effect of Termination. In the event of termination due to the Assisted Business’s, its
contractors', or subcontractors' failure to perform or comply with any of the services, duties,
terms, or conditions of this Contract, any costs incurred will be the responsibility of the
Assisted Business. However, at its sole discretion, the Government may approve requests
by the Assisted Business for reimbursement of expenses incurred. The Government’s
decision to authorize payment of any costs incurred or to recover expended Program funds
will be based on a consideration of the extent to which the expenditure of those funds
represented a good faith effort of the Assisted Business to comply with the any of those
services, duties, terms, or conditions of this Contract, and on whether the failure to comply
with any of those services, duties, terms, or conditions resulted from circumstances beyond
the Assisted Business’s control.
11. COMPLIANCE WITH LAWS: The Assisted Business must, in performance of work under
this Contract, fully comply with all applicable federal, state, local and tribal laws, rules and
regulations, including Executive Order No. 12-2015 Amending and Providing For Implementation
of the Montana Sage Grouse Conservation Strategy , the Montana Human Rights Act, the Civil
Rights Act of 1964, the Age Discrimination Act of 1975, the Americans with Disabilities Act of
1990, and Section 504 of the Rehabilitation Act of 1973 and the Patient Protection and Affordable
Care Act (“Affordable Care Act”). Any subletting or subcontracting by the Assisted Business
subjects subcontractors to the same provisions. In accordance with Mont. Code Ann. § 49-3-207,
Executive Order No. 04-2016, the Assisted Business agrees that the hiring of persons to perform
the Contract will be made on the basis of merit and qualifications and there will be no
discrimination based upon race, color, sex, pregnancy, childbirth or medical conditions related to
childbirth, political or religious affiliation or ideas, culture, creed, social origin or condition, genetic
information, sexual orientation, gender identity or expression, national origin, ancestry, age,
disability, military service or veteran status, or marital status.
The Affordable Care Act requires an Assisted Business, if the Assisted Business is an applicable
large employer under the ACA, to provide healthcare coverage for its employees, who provide
services for the State and work for 30 or more hours per week. This coverage must also cover
the eligible employee’s dependents under the age of 26. The coverage must (a) meet the
minimum essential coverage, minimum value, and affordability requirements of the employer
responsibility provisions under Section 4980H of the Code (ACA), and (b) otherwise satisfy the
requirements of the Code § 4980 H (ACA) if provided by the State.
12. NONDISCRIMINATION AND EQUAL PAY: The Assisted Business agrees that all hiring by
Assisted Business of persons performing this Agreement shall be on the basis of merit and
qualifications. The Assisted Business will have a policy to provide equal employment opportunity
in accordance with all applicable state and federal anti-discrimination laws, regulations, and
contracts. The Assisted Business will not refuse employment to a person, bar a person from
employment, or discriminate against a person in compensation or in a term, condition, or privilege
of employment because of race, color, religion, creed, political ideas, sex, age, marital status,
national origin, actual or perceived sexual orientation, gender identity, physical or mental
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disability, except when the reasonable demands of the position require an age, physical or mental
disability, marital status or sex distinction. The Assisted Business shall be subject to and comply
with Title VI of the Civil Rights Act of 1964; Section 140, Title 2, United States Code, and all
regulations promulgated thereunder.
Assisted Business represents it is, and for the term of this Agreement will be, in compliance with
the requirements of the Equal Pay Act of 1963 and Section 39-3-104, MCA (the Montana Equal
Pay Act). Assisted Business must report to the City any violations of the Montana Equal Pay Act
that Assisted Business has been found guilty of within 60 days of such finding for violations
occurring during the term of this Agreement.
Assisted Business shall require these nondiscrimination terms of its subcontractors providing
services under this Agreement.
13. INDEMNITY/WAIVER OF CLAIMS/INSURANCE: To the fullest extent permitted by law,
Assisted Business agrees to release, defend, indemnify, and hold harmless the City, its agents,
representatives, employees, and officers (collectively referred to for purposes of this Section as
the City) from and against any and all claims, demands, actions, fees and costs (including
attorney’s fees and the costs and fees of expert witness and consultants), losses, expenses,
liabilities (including liability where activity is inherently or intrinsically dangerous) or damages of
whatever kind or nature connected therewith and without limit and without regard to the cause or
causes thereof or the negligence of any party or parties that may be asserted against, recovered
from or suffered by the City occasioned by, growing or arising out of or resulting from or in any
way related to: (i) the negligent, reckless, or intentional misconduct of the Assisted Business; or
(ii) any negligent, reckless, or intentional misconduct of any of the Assisted Business’s agents.
Such obligations shall not be construed to negate, abridge, or reduce other rights or obligations
of indemnity that would otherwise exist. The indemnification obligations of this Section must not
be construed to negate, abridge, or reduce any common-law or statutory rights of the City as
indemnitee(s) which would otherwise exist as to such indemnitee(s). Assisted Business’s
indemnity shall be without regard to and without any right to contribution from any insurance
maintained by City. Should the City be required to bring an action against the Assisted Business
to assert its right to defense or indemnification under this Agreement or under the Assisted
Business’s applicable insurance policies required below, the City shall be entitled to recover
reasonable costs and attorney fees incurred in asserting its right to indemnification or defense but
only if a court of competent jurisdiction determines the Assisted Business was obligated to defend
the claim(s) or was obligated to indemnify the City for a claim(s) or any portion(s) thereof. In the
event of an action filed against the City resulting from the City’s performance under this
Agreement, the City may elect to represent itself and incur all costs and expenses of suit.
Assisted Business waives any and all claims and recourse against the City, including the right of
contribution for loss or damage to person or property arising from, growing out of, or in any way
connected with or incident to the award of funds under this Agreement except “responsibility for
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[City’s] own fraud, for willful injury to the person or property of another, or for violation of law,
whether willful or negligent” as per 28-2-702, MCA.
14. CONSENT TO ELECTRONIC SIGNATURES: The Parties have consented to execute this
Agreement electronically in conformance with the Montana Uniform Electronic Transactions Act,
Title 30, Chapter 18, Part 1, MCA.
Andi Baldwin, Partner, Managing Director Date
Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC
Renee Storm, Human Resources Manager Date
Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC
Jeff Mihelich, City Manager Date
City of Bozeman
ATTEST:
______________________________ _____________________________
Mike Maas, City Clerk Legal Review
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Exhibit A
MANAGEMENT PLAN
On April 1, 2021, the City of Bozeman was awarded a grant from the Big Sky Economic
Development Trust Fund (BSTF) Program to assist Profitable Ideas Exchange, Inc. Profitable
Ideas Exchange LLC, with the purchase of computers, equipment and wage reimbursement
and the creation of jobs in Montana. Prospera Business Network (PBN) will be responsible for
assisting with the administration of the BSTF grant. This Management Plan is written to assure
proper management of the BSTF grant, which includes financial management of grant funds,
compliance with state and federal requirements, and the timely start-up and completion of project
activities.
A. ADMINISTRATIVE STRUCTURE
1. City of Bozeman GOVERNMENT
The following persons will have lead responsibility for administering the Government’s BSTF grant
to facilitate an expansion of the Assisted Business:
a. Jeff Mihelich, as the City Manager of the City of Bozeman, will have
responsibility for all official contacts with the Montana Department of Commerce
(Department). The City of Bozeman Commissioners will have the ultimate
authority and responsibility for the implementation of the Government’s BSTF grant
to facilitate an expansion of the Assisted Business. The City of Bozeman
Commissioners will approve and sign administrative documents and approve all
payment requests to the BSTF program. The City of Bozeman Commissioners
will approve all contracts and payment requests. The telephone number for the Chief
Elected Official is (406) 582-2383.
b. Greg Sullivan, City of Bozeman’s Attorney, will review any proposed contractual
agreements associated with the BSTF grant, advise the Commissioners regarding
the agreements, and provide any other legal guidance as requested. Telephone:
(406) 582-2309.
c. Aaron Funk, Controller, has been designated as the Fiscal Officer and will be
responsible for maintaining all financial records related to the BSTF grant funds for
the Government. Telephone: (406) 582-2321.
d. Mike Maas, City Clerk, will be responsible for maintaining all official records
related to the BSTF grant for the Government. Telephone: (406) 582-2321
e. Brit Fontenot, City of Bozeman, Director of Economic Development and Jesse
DiTommaso, have been designated as the Project Manager and will be responsible
for maintaining records related to the management of the BSTF grant funds for the
Government. This contact will be the liaison between the EDO, the Commissioners
and the Government Attorney. Telephone: 406-582-2258-Brit, 406-579-2494-
Jesse.
2. Prospera Business Network, ECONOMIC DEVELOPMENT ORGANIZATION (EDO)
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The EDO will provide general technical assistance, coordination of funding sources, assurances
of compliance with all applicable state requirements for the BSTF grant program. The Government
has designated the EDO as its Administrator. The following EDO personnel will be responsible
for the project:
a. Paul Reichert, Executive Director, will be responsible for all official contacts with
the Government on behalf of the EDO. Telephone: (406) 587-3113.
b. Alexa Freeburg, Grants Manager, will serve as the EDO Administrator and will be
responsible for overall coordination of the BSTF grant awarded to the Government.
Telephone: (406) 587-3113.
3. Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC, ASSISTED
BUSINESS
The following Assisted Business Officer will be responsible for the implementation of the project:
a. Renee Storm, Human Resources Manager, will serve as the Business Official for the
Assisted Business. This person will have responsibility for all official contacts with the
Government. Renee will also serve as the Business Contact for the Assisted Business
and will be the liaison with the EDO and the BSTF Department Staff. Telephone: (406)
582-7826.
B. PROJECT MANAGEMENT
1. Brit Fontenot, Director of Economic Development and Jesse DiTommaso, will:
a. Work with the EDO Administrator and the Department in the timely execution of the
BSTF contract between the Government and the Department.
b. Work with the EDO Administrator and the Assisted Business in the development of
a Business Assistance Agreement.
c. Make appropriate recommendations and route all contract documents,
administrative documents, and payments as necessary.
d. Review all proposed expenditures of BSTF funds to ensure compliance with the
BSTF contract.
e. Review, approve, and submit the BSTF payment requests, after preparation by EDO
Administrator and approval by the City of Bozeman, to the BSTF Program, Montana
Department of Commerce, and ensure disbursement of funds.
f. Review and approve all BSTF closeout documents.
2. Prospera Business Network will serve as, EDO Administrator, responsible for the
following day to day project activities and will:
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a. Assisting the Government and the Department in developing the Government
contract, along with all the required paperwork, with the Department that will address
all requirements related to effective project start-up and implementation.
b. Assisting the Government and the Assisted Business with the preparation of a
Business Assistance Agreement.
c. Establishing and maintaining complete and accurate project files and preparing all
documentation and reports incidental to administration of the project.
d. Assist the assisted business with the baseline and subsequent Job Creation Report
and Job Creation Certification.
e. Meet regularly with the Assisted Business to monitor the business’s compliance with
the requirements of the grant assistance agreement including implementation of the
project hiring or hiring/training plan.
f. Reviewing all proposed project expenditures or payment requests from the business
to ensure their propriety and proper allocation of expenditures to the BSTF project
budget.
g. In cooperation with the Project Manager, processing payment requests and
preparing payment requests for the Department, including the Request for Payment
Form and the Project Progress Report with each payment request and quarterly as
specified by the Department.
h. Assist the Government during the BSTF on-site monitoring visit which is conducted
to ensure compliance with the requirements of the BSTF contract.
i. Preparing all required performance reports and Project Closeout Certification for
submittal to the Department.
j. Closing the BSTF project in a timely fashion within the period of the contract
between the Department and the Government.
k. Attending City of Bozeman Commissioners meetings to provide project status
reports and representing the BSTF project at any other public meetings as deemed
necessary by the City.
l. It is understood and agreed that the EDO’s services within this Management Plan
does not include any of the following: the disbursement or accounting of funds
distributed by the Government’s financial officer, legal advice, fiscal audits or
assistance with activities not related to the BSTF project.
3. Renee Storm with Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC,
will:
a. Will oversee the compliance with the proposed Hiring Plan as submitted in the BSTF
Application.
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b. With assistance of the EDO Administrator, prepare the Job Creation Reports, Job
Creation Certifications and Progress Reports.
c. Provide copies of invoices for reimbursement by the BSTF Program and to satisfy
the matching funds requirement.
d. Maintain own project files.
e. Assist the Project Manager, EDO Administrator with monitoring of the project.
f. Will notify the Government Project Manager, EDO Administrator and Montana
Department of Commerce of any changes within its business structure, business
name or changes to its registration with the Montana Secretary of State’s office.
C. FINANCIAL MANAGEMENT
As designed in the BSTF contract, the total amount of the BSTF award will not exceed $105,000
$195,000.
1. Government – Awardee
The Fiscal Officer will be responsible for:
a. Depositing and recording the BSTF funds into the City of Bozeman’s existing
accounting system based on claims and supporting documents approved by the
Project Manager and City of Bozeman Commissioners.
b. Preparing checks/warrants for approved expenditures.
c. Disbursing funds in accordance with the Government’s established claim review
procedures.
d. With the assistance of the Project Manager, preparing the final financial report for the
project Closeout Certification.
e. The original financial documents (claims with all supporting documents attached) will
be retained in the Government’s offices.
2. Economic Development Organization - Administration Funds
a. Administrative payments will consist of reimbursement for $400 per eligible net new job
created by the Assisted Business
b. If an additional award is made for year two to the City of Bozeman, to assist Profitable
Ideas Exchange, Inc. and for the creation of up to 18 jobs, that assistance
reimbursement would be for additional funds up to $90,000, with up to $7,200 for admin
expenses and up to an additional $82,800 to go to Profitable Ideas Exchange, Inc.
3. Assisted Business - Project Funds
The Business Contact will be responsible for:
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a. Supply invoices for reimbursement and match requirement and update the tracking
spreadsheet for completeness and accuracy.
b. Ensuring accurate deposit for each draw taken and recording the funds into the
Assisted Business’s existing accounting system.
c. With the assistance of the Project Manager, preparing the final financial report for the
project Closeout Certification.
d. The original financial documents (claims with all supporting documents attached) will
be retained in the Assisted Business’s office files for at least three years.
The Government’s application to the Department for BSTF funding, dated April 1, 2021, and all
applicable federal and state statutes and regulations are incorporated into this Agreement by this
reference.
This Management Plan will expire once the Montana Department of Commerce officially closes
out the BSTF grant award to the Government.
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:
GOVERNMENT PROJECT MANAGER GOVERNMENT FISCAL OFFICER
Brit Fontenot Date Aaron Funk Date
Director of Economic Development Controller
City of Bozeman City of Bozeman
Jesse DiTommaso Date
Economic Development Department
City of Bozeman
Prospera Business Network (EDO): BUSINESS CONTACT
Paul Reichert Date Andi Baldwin Date
Alexa Freeburg Date Renee Storm Date
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Business Assistance Agreement-Management Plan 13 City of Bozeman/Profitable Ideas Exchange
MT-BSTF-1-21-19A
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the 8th day of
June, 2021 12th day of April, 2022.
Jeff Mihelich Date
City Manager, City of Bozeman
Renee Storm, Human Resources Manager Date
Profitable Ideas Exchange, Inc. Profitable Ideas Exchange LLC
DocuSign Envelope ID: 87911FB2-A20E-4CA0-934E-13C13585F285
4/18/2022
4/19/2022