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HomeMy WebLinkAboutTreasure State Endowment Program Application Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Finance Director Natalie Meyer, Grants/Climate Coordinator SUBJECT: CONSENT: Ratify Mayor’s Signature Authorizing Submission of Treasure State Endowment Program (TSEP) Application MEETING DATE: Monday, May 5, 2008 RECOMMENDATION: Ratify Mayor’s Signature authorizing submission of application. BACKGROUND: Applications for funding requests under the Treasure State Endowment Program (TSEP) for the 2009-2010 Biennium are due on May 2, 2008. The City has prepared an application requesting $750,000 (maximum request amount allowed) for construction of the Bozeman Water Reclamation Facility. FISCAL EFFECTS: No fiscal effects at this time. If approved by the 2009 legislature, the City would receive $750,000 to aid in construction of the Bozeman Water Reclamation facility (our wastewater treatment plant). The dollar-for-dollar local match required would come from existing cash reserves that have been dedicated to the project. ALTERNATIVES: As suggested by the City Commission. Respectfully submitted, Anna Rosenberry, Finance Director Natalie Meyer, Grants/Climate Coordinator Report compiled on: April 29, 2008 Application Documents on file in Grants Office. 21 22 23