HomeMy WebLinkAboutResolution 4582 Relating to the Application to Big Sky Economic Development Trust Fund Program 4°8 Boz.
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RESOLUTION NO. 4582
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, RELATING TO THE APPLICATION TO BIG SKY ECONOMIC
DEVELOPMENT TRUST FUND PROGRAM ADMINISTERED BY THE STATE OF
MONTANA, DEPARTMENT OF COMMERCE, ON BEHALF OF MONTANA
INSTRUMENTS COPORATION.
WHEREAS, the Bozeman City Commission's committed to facilitating economic
diversification in the City and the region; and
WHEREAS, the Bozeman City Commission is committed to facilitating job creation and
expansion, thus positively impacting the economy of the entire region; and
WHEREAS, Montana Instruments Corporation, desires to expand their business and
create additional technology-related jobs in Bozeman; and
WHEREAS, the City Commission has determined that the technology sector has high
growth potential and supports economic diversity; and
WHEREAS, the Montana Department of Commerce administers the Big Sky Economic
Development Trust Fund Category I job creation program; which is a state-funded program to
create good paying jobs for Montana residents, promote long-term, stable economic growth in
Montana, create partnerships, expand existing businesses and provide a better life for future
generations through greater economic growth and prosperity in Montana; and
WHEREAS,the City Commission hereby authorizes and appoints the Prospera Business
Network to administer, on behalf of the City of Bozeman, all aspects of the Big Sky Trust Fund
Economic Development Grant and provide administrative support and other responsibility for
the management and appropriate reporting to the Montana Department of Commerce.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, the City agrees to submit an application,through the Prospera Business
Network,to the Big Sky Economic Development Trust Fund Program to assist Montana
Instruments Corporation in their expansion project and that the Prospera Business Network will
manage all aspects of the grant.
PASSED AND APPROVED by the City Commission of the City of Bozeman,
Montana, at a regular session thereof held on the 2"d day of March, 2015.
JEFF E % SS
Ma or
ATTEST:
City Clerk
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4APP OVED AS FORM:
GRE LLIVAN
City Attorney