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HomeMy WebLinkAboutResolution 4630 Application to Big Sky Economic Development Trust Fund Program on behalf of Elixiter, INC. G RESOLUTION NO. 4630 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 ELIXITER,INC. WHEREAS, the Bozeman City Commission is committed to facilitating economic diversification in the City and the region; and WHEREAS, the Bozeman City Commission is committed to facilitating mid- and high- wage job creation and expansion, thus positively impacting the economy of the entire region; and WHEREAS, Elixiter, Inc, 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, 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 Category I 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 Montana Department of Commerce, Big Sky Economic Development Trust Fund Program to assist Elixiter, Inc 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 3rd day of August, 2015. AE K. USS Mayor ATTEST: O, 1 J S M Nj Gi tl� 6®. ��� a ; f L � 4 d 9 0 U niY ,L9TIN Co Y APPROY ED AS TO FORM: GRE ULLIVAN City Attorney