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HomeMy WebLinkAbout15- City Grant #2015-020 BSTF MT Meat Company li • City of Bozeman Grant Routing Cover Sheet This form is used in conjunction with Administrative Order 2014-01, adopting the Grant Application and Reception Policy. When a Department Director signs grant documents under this provision, they are certifying that they understand and will carry out the provisions of the grant and its impact on city operations and finances. All the required boxes must be initialed by the appropriate departments. Use a separate routing sheet for each phase of the grant process. Utilize assigned grant hit-. each phase for tracking purposes. Grant Document Title: aF ( [-4-. he C l tE Grant#(issued by City Clerk): c, 15- ` - o CCoutdbetop CFDA#(applies to Federal grants) Grant Total:Slick() Grant Match: Department: Pessrnmit bevel Grant Project Manager: By{--E t (tel � Phase of Process: Notice of Intent Al Application Award/Contract Date Document Signed: ,.1 For all grants under$20,000 in Department Finance Office City Manager Original Signed value. Director Grant Documents to City Clerk Does not require approval on Commission meeting agenda For all grants over$20,000 in Department Finance Office City Manager Original Signed value. Director Grant Documents to City Clerk *Department Director initials verify notification to City Commission and City Manager within 30 days of grant application. REQUIRES City Commission Approval DATE of COMMISSION ��h�� MEETING: f } 44 ,„ a15e(K • 4V ir Presented by: fir - C� IAConsent Action / Revised 10/27/2014 Staff Instructions for Use and Expectation of Review Department Director - - Fully understands the grant and its impact on city operations and finances and intends to carry out the grant provisions if awarded - Written notification to City Commission and City Manager if grant is over$20,000 - Coordinates with legal staff or applicable departments for all sub-recipient or related contractual documents associated with the grant Finance Office - Receives copies of grant documents and/or accounts for potential impact on city finances City Manager - Authorizing signature City Clerk - Issues grant routing number - Retains copy of original signed documents - Tracks grant documents by number Revised 10/27/2014 APPENDIX A: APPLICATION FORM—ECONOMIC DEVELOPMENT PROJECTS MONTANA DEPARTMENT OF COMMERCE BIG SKY ECONOMIC DEVELOPMENT TRUST FUND (BSTF) CATEGORY I: ECONOMIC DEVELOPMENT JOB CREATION PROJECT Please reference the Application Guidelines for a complete explanation of required application information. I,,APPLICANT INFORMATION, -LOCAL/TRIBALGOVER,N,MENT, .,,_ , Name of Local/Tribal Government Entity City of Bozeman Tax Identification Number 81-6001238 Chief Elected Official Jeff Krauss, Mayor (Full Name&Title) Contact Person (Full Name&Title) Jeff Krauss, Mayor Address (Street,City and 9-Digit Zip Code) 121 N. Rouse Avenue Bozeman, MT 59771 Phone Number 406-582-2341 Email Address jkrauss@bozeman.net Fax Number N/A IiiRatWMANWitz:;:ilfsi.,9;s811810-toSiNtsINIP.01040-0-CittgainigNgUitat Legal Name of Business to Receive Montana Meat Co. Assistance Physical Address of Project Location 104 E Main Street,Ste. 303 Bozeman, MT 59715 Contact Person (Full Name&Title) Garl Germann Address (Street,City and 9-Digit Zip Code) 104 E Main Street,Ste. 303 Bozeman, MT 59715 Phone Number 406-580-1812 Email Address garl@montanameat.co F County project is located in Gallatin Business North American Industrial 445210 Classification System (NAICS) l Business Project Status Expansion (Startup,Expansion,Relocation,etc.) Tax Identification Number 46-2696117 Please describe in detail how the proposed Montana Meat Co.will meet the eligibility criteria Assisted Business will meet the eligibility because we are a for-profit business located within the criteria (See Page 8for definition orEligible Assisted Business) City of Bozeman. More than 50%of our profits come from sales outside of Montana (Idaho and Washington).We intend to create 10 new positions at our company within the next 12 months. We agree to hire these positions at the rate of$17.55/hour (including benefits). Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 1 Category I—Economic Development—Job Creation 4 III:'PRO.IECTrSUMMARY,IN;PORMATION = ' Total Project Cost(Must match the Sources and Uses 132,964 form) Type of Assistance Requesting(Grant or Grant Loan) Amount of BSTF Funds Requested $75,000 The maximum total BSTF funding may not exceed up to $5,000 per new eligible job for counties not defined as a High-Poverty County or up to$7,500 per new eligible job for counties that meet the High-Poverty County definition. Current poverty map and Award Calculator Map can be found on the program's webslte at www.bstf.mt.gov Total Matching Funds $57,964 (see Section I—definition of Match) The matching funds must be investment by the local or tribal government and/or the assisted business at the Montana site no earlier than six months before the BSTF award and must be equal to or greater than$1 of local funds for every$1 of BSTF(100%)funding received for counties not defined as a High-Poverty County or$1 of local funds for every$2 of BSTF funds(50%)for counties that meet the High-Poverty County definition. Proposed Use of BSTF Funds: Reimbursement for wages paid for new positions Eligible Activities Listed in Section II C.of the Application Guidelines Total Number of New Jobs to be created 10 Total Number of New BSTF Eligible Jobs to 10 be created. Hourly wage range for BSTF Eligible Jobs to $15.50-$20.00/hour(without benefits) be created. Include the lowest houriywage rate and $17.58-$23.33/hour(including benefits) the highest wage rate.If benefits are to be included in the calculation to meet the BSTF required wage rate(page 6)— Appendix B—BSTF Benefit Certification is mandatory. " IV:'PARTNERORGANIZATION,(IF AP,P,LICABLE)` ,,,,,;, Economic development organizations maybe involved in implementing and administering a project if the eligible applicant agrees to such an arrangement. If a partner organization will be involved in the project,please provide the information in this section. Contact Person (Full Name&Title) Paul Reichert, Executive Director Organization Prospera Business Network Address(Street,City and 9-Digit Zip Code) 2015 Charlotte Street,Suite 1 Bozeman, MT 59718 Phone Number 406-587-3113 Email Address preichert@prosperabusinessnetwork.org What are the partner organizations Prospera will assist the Montana Meat Co.with responsibilities relative to completing the submitting BSTF reports on time,they will be the point proposed project? of contact between the City of Bozeman and Montana Meat Co.,and they will insure that the grant is properly closed out. Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 2 Category I—Economic Development—Job Creation U ,PROJECTINFORMA11ON Please describe, in detail, the proposed project: We are seeking funding to pay towards the salaries of 10 additional positions being created at Montana Meat Co. (MMC). With these new positions, we will be able to expand our current sales market (Montana, Idaho, and Washington) to include additional areas in Montana, Idaho, Washington and Oregon.The funding we seek will help us accomplish the following goals: 1. Maintain and develop successful supply chain management by establishing ourselves as a reliable wholesale grass-fed meat distributor committed to quality and fulfillment in Montana and the Northwestern United States. We want to maximize our sales and product offering within our current market while establishing a network of potential resources and clients out West. Maximizing our capabilities within our existing market will allow us the flexibility to go out and obtain major clients in our target region (beginning with the expansion of sales in Idaho and Washington). Establishing reliable clients in the new regions will allow us to consider assigning more resources to researching and developing further sales strategies and supply chain management in that area. 2. Triple our current product sales, and thereby a majority of all operations from 2015 by investing in additional human capital, data management systems, distribution, and storage in order to achieve economies of scale.These additional investments are required in order to maintain good customer/vendor relationships and allow management to focus on quality control, financial reporting, and overall business performance and functionality. A description of the 10 positions has been included along with this application as Appendix F C. Please describe the Assisted Business: Montana Meat Co. (MMC) is focused on bringing grass-fed, grass-finished, and all natural meat products to customers that value those products. Our company uses long-standing experience in ranching, processing, and butchery retail to develop a network of producers, processors, and customers that fills the demand for Montana-raised grass-fed,grass- finished, and natural meat, including, but not limited to: beet pork, bison, elk, and lamb. Our customers consist mainly of grocery stores, health food markets, social institutions, and high-end restaurants. MMC has successfully secured key clients to build a business based on consistency in demand, geographic location, and market visibility.These Customers include Montana State University-Bozeman, Real Food Store-Helena, 14 North Restaurant, among others as cornerstone clients across the state. We have also secured clients in Idaho and Washington, which is where over 50% of our sales income is generated from at this time. MMC recognizes the need for a diverse customer base to increase sales generally, to reduce risks from unexpected changes in customers' situations, and to ensure that as much value as possible can be realized from the products available through MMC (i.e., the entire animal is sold at its maximum value, ideally). MMC currently has two full-time employees (including Garl), and two temporary, part-time Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 3 Category I—Economic Development—Job Creation employees, each of whom is in charge of performing key functions that will allow for MMC to achieve sustainable growth. However, in order to reach new markets and expand as a company, additional employees are crucial. Please explain what the BSTF financial assistance would be used(ex:equipment purchase, lease rate reduction, etc.): The BSTF financial assistance will be used towards the salaries of new positions. Please identify the entities involved in completing the proposed project, including management of the project/staff plan. Prospera Business Network will help manage the project, and will remain as the lead point of contact between BSTF, City of Bozeman, and MMC. Carl Germann will be the lead point of contact for MMC. He will assign tasks to his staff or contracted partnerships. Garl attended MSU-Bozeman for three years, pursuing a degree in Sustainable Livestock Production.Though not formally schooled in business management, sales and marketing, or product development, Garl sought out and developed these skills in the course of establishing the foundation for the Montana Meat Co.from "real life" experience. Carl's passion for land management proved cohesive to the mission of the Montana Meat Company:to facilitate the marketing and distribution of locally raised and organically produced meat products in an effort to promote innovative and sustainable ranching practices on rangelands across the Northern Rockies. Garl plans on utilizing the assistance of contracted grant writer and project manager from The Dotted i, Breanna Polacik. Breanna has over 7 years experience in grant writing and project management. She has been project manager for several multi-million dollar projects that involved multiple partners and various funding sources. She will work closely with Garl and the Administrative Assistant, Karen Francetich to see that the project remains on schedule and adheres to the BSTF guidelines. Breanna will also work closely with the assigned Prospera and BSTF staff. Karen has recently joined MMC as a full time employee. She brings a wealth of knowledge and experience in the finance department. She has 36 years of accounting experience. She has been a controller for the past ten years, an office manager for the prior 20 years. Karen will insure that the financial records are properly kept and easily accessible for required reporting and site visits. Please provide an implementation plan/timeline for project activities from start-up through closeout Item: Date(s): Purchase delivery vehicle May 28, 2015 Upgrade delivery vehicle to allow for June 30, 2015 transport of products Apply for BSTF Grant funds November 4, 2015 Application deemed complete By November 24, 2015 Applications approved for funding By December 5, 2015 (dependent upon selection committee) Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 4 Category I—Economic Development—Job Creation Hire Key Accounts Manager Begin process by December 15, 2015 Hire Gallatin Valley Accounts Manager Begin process by December 15, 2015 Hire Operations Manager Begin process by December 15, 2015 Hire Product Flow Manager Begin process by December 15, 2015 Hire Marketing Manager Begin process by December 15, 2015 Hire Light Truck Delivery Driver Begin process by March 15, 2016 Hire Sourcing Manager Expected to begin process by March 15, 2016 Hire Inside Sales Manager Expected to begin process by July 15, 2016 Hire Product Handler Expected to begin process by September 15, 2016 Hire (2) Regional Accounts Managers Depends on Demand, expected to be by December 1, 2016 Please provide any relevant historical information on this project or the region it would support: Garl uses his long-standing experience in ranching, processing, and butchery retail to develop a network of producers, processors, and customers that provides Montana-raised grass-fed natural meats. He was raised on his family's ranch in McAllister, MT and was trained to function in a broad range of fields in the conventional cattle production industry. In searching for a sustainable way to add value to their cattle, Garl found that selling grass- fed natural meats directly to local markets can add a significant premium to their ranch's cash crop. MMC is very supportive of the Farm-to-table movement. According to Wikipedia, "Farm-to- table(or farm-to-fork) refers to the stages of the production of food: harvesting, storage, processing, packaging, sales, and consumption. Farm-to-table also refers to a movement concerned with producing food locally and delivering that food to local consumers. Linked to the local food movement,the movement is promoted by some in the agriculture, food service, and restaurant communities. It may also be associated with organic farming initiatives, sustainable agriculture, and community-supported agriculture. Many farm-to-table advocates cite the works of Wendell Berry, Wes Jackson, Michael Pollan, John Jeavons,Alice Waters,Joel Salatin, Erik Manning and others in their preference for the freshest ingredients and in their attempts to educate their customers about the link between farmers,farm communities, ancient food-production practices, and the food we eat. Increasingly,the public backlash against genetically modified organisms in our food supply has added a note of political activism to what had been, until recently, a largely aesthetic movement. The farm-to-table movement has arisen more or less concurrently with recent changes in attitude about food safety, food freshness,food seasonality, and small-farm economics. Advocates and practitioners of the farm-to-table model frequently cite as their motivations the scarcity of fresh, local ingredients; the poor flavor of ingredients shipped from afar; the poor nutritional integrity of shipped ingredients; the encroachment of genetically modified foods into the food economy; the disappearance of small family farms; the disappearance of Big Sky Economic Development Trust Fund Program Montana Meat Co/City of Bozeman, MT Montana Department of Commerce 5 Category I—Economic Development—Job Creation heirloom and open-pollinated fruits and vegetables; and the dangers of a highly centralized food-growing and -distribution system." Business's Current Full-Time Employment 2 Level in Montana Business's Current Full-Time Employment 2 Level at the Project Site Employee Benefits:See Appendix B (if ERISA eligible benefits are included in the calculation to meet the wage requirement) UI PROJECTECONOMICIMPACT;:STA OAENT> .,, Please provide a summary of the impacts(both positive and negative)the project would have on the state, regional and community economy as well as any services or functions that the business provides to the community,region or state.Also identify if the business associated with the project is competing with any local or regional existing businesses. MMC's growth positively impacts the city, county, and state through the creation of 10 new jobs and through the tax revenue paid by the company. Our products are sourced from nearly 50 ranches located in Montana, covering 12 different species of proteins.The coop mentality of the company assists all of these local and sustainable producers by selling their products, while offering quality product in the Northwestern states. We do not anticipate any negative impacts from our job creation grant. In fact,the creation of 10 positions in Gallatin County will greatly assist the economy by providing quality paying jobs. MMC's largest competitor in Montana is Yellowstone Grass-fed Beef that is also located in Bozeman, MT and they work with 2 Montana ranches and serves only beef. Summit Distribution is another competitor to MMC, they offer all of the same species of proteins, however, to our knowledge, they do not offer grass-fed products. VII PROJECT SOURCES&USES OF FUNDS ' SOURCE SOURCE > TOTAL REQUESTED 49T *itch' M fC Administration (up to $3,750 0 $3,750 5%, max$30,000) ACTIVITY BUDGET Machinery/Equipment 0 $57,964 $57,964 Purchase Land Purchase 0 0 0 Lease rate Reduction 0 0 0 Employee Training 0 0 0 Other/Employee Salary $71,250 0 $71,250 TOTAL PROJECT $75,000 $57,964 $132,964 Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 6 Category I—Economic Development—Job Creation Administration: $3,750 (5%) of the project budget will be used to pay the administration fee to Prospera Business Network.This will come from the BSTF grant awarded to the City of Bozeman on behalf of the Montana Meat Co. For each employee that is hired, $375 of the grant reimbursement will go to Prospera. Machinery/Equipment Purchase:$57,964 of the project budget was expended in May and June of 2015 (less than six months prior to this grant request)towards a necessary delivery vehicle that was upgraded to provide refrigeration for delivery of products. Without this vehicle, the company's expansion would not be moving forward. It is part of this project because some of the proposed positions will also utilize this vehicle. Proof of purchase and payment can be made available upon approval of this grant funding. Other/Employee Salary: $71,250 of the project budget is earmarked for reimbursement of wages and benefits for the new full-time positions that are filled. For each employee that is hired, $7,125 of the grant funding will be reimbursed to MMC.The break down of wages and benefits for each position can be found in Appendix C. Project costs for the match were verified by receipts from payment in May and June 2015 for the vehicle and the refrigeration upgrades. Garl did thorough research to insure he was getting the best deal for the vehicle he purchased by looking at 3 different dealerships before he made the investment. Garl and Karen developed the wage rates for the new positions. The Department will withhold ten percent(10%) of the total authorized award amount for administration, until all tasks outlined in the contract have been completed and approved by the Department. Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT II Montana Department of Commerce 7 Category I—Economic Development—Job Creation 1 Ci1RINQ=PLAN;3PREAI an, . Highlight the jobs that you have determined to be BSTF eligible. Number of Full Time Dollar Projected Projected Hourly Employees for Job Title Job Description (BSTF,35+ Expected Wage(without Value of Total hours per Hire Date ERISA Hourly each job title benefits) week) benefits* Wage Maintains,enhances,and develops MMC relationships with key clients,both existing and future possibilities,including but not limited to:Ameristar, FSA,MSU, Sun Valley Company;Super 1 Foods, Whitefish Mountain Resort,Xanterra. $16-$20 DOE+ Assists with overall company sales goals 40 Commissions of $2.11- $18.11 1 Key Accounts Manager and processes. hours/week 12/15/15 5%on sales $3.33/hr -$23.33 Maintains,enhances,and develops MMC relationships with Gallatin Valley clients. Services existing accounts,obtains orders, and establishes new accounts.Assists with overall company goals and $15.50-$17 DOE Gallatin Valley Accounts processes.Assists with operations at the 40 +Commissions $2.08- $17.58 1 Manager Bozeman warehouse location. hours/week 12/15/15 of 5%on sales $3.17 -$20.17 Maintains,enhances,and develops our relationships with clients. Provides $16-$20 DOE+ management for all employees.Assists 40 Commissions of $2.11- $18.11 1 Operations Manager owner with reporting and strategizing. hours/week 12/15/15 5%on sales $3.33/hr -$23.33 Project Oversight/Graphic Design/Copywriting. Increases MMC web based presence through Social Media,etc. Oversees web development and SEO management.Creates hot sheets, signage,and other POS materials. Coordinates with label compliance,print media vendors,and other agencies. Plans MMC attendance at events,fairs,and 40 $2.11- $18.11 1 Marketing Manager trade shows. hours/week 12/15/15 $16-$20 DOE $3.33/hr -$23.33 1 Sourcing Manager Maintains producers within compliance 40 3/15/16 $16-$20 DOE $2.11- $18.11 Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 8 Category I—Economic Development—Job Creation of claims.Coordinates with producers to hours/week $3.33/hr -$23.33 assure adequate supply is maintained for expected company demand,and in a timely fashion. Makes projections 6 months out.Visits producers on site and consults on production protocols in relevance to product claims and quality. Coordinates between processors and producers for scheduling animal drop off. Run analysis for cost/profit based on carcass yields,share info with accounting. Balances,judges,and predicts average yields.Quality control. Transports product between processing points and market points,and everywhere in between.Assists with product handling at various locations, including processors,distribution centers, Light Truck Delivery cross-docks,and company depots. 40 Driver Reports to Sourcing Manager hours/week 7/15/16 $15.50/hour $2.08 $17.58 Receives phone calls,emails,and other inquiries from customers and leads for placing orders.Relays information to Product Flow Manager for fulfillment 40 1 Inside Sales Manager and/or processing. hours/week 9/15/16 $15.50/hour $2.08 $17.58 Jockeys product around at distribution center.Checks various shipping paperwork.Maintains temperature records. Picks,packs,and pulls orders. 40 1 Product Handler Occasional driving is expected. hours/week 10/15/16 $15.50/hour $2.08 $17.58 Maintains,enhances,and develops MMC relationships with clients outside of Bozeman.Obtains orders,and establishes new accounts.Assists with overall company goals and processes.Assists $15.50-$17 DOE Regional Accounts with operations at designated warehouse 40 +Commissions $2.08- $17.58 2 Manager locations. hours/week 11/15/16 of 5%on sales $3.17 -$20.17 *If benefits are to be included in the calculation to meet the BSTF required wage rate. Big Sky Economic Development Trust Fund Program Montana Meat Co./City of Bozeman, MT Montana Department of Commerce 9 Category I—Economic Development—Job Creation APPENDIX:DS 4PPCICATION CHECKLIST--: Please include the following information with your application. Application Requirements: Page Number/Tab 1.Application (Appendix A) X Have you included? Applicant Information II. Assisted Business Information III. Project Summary a. The nature of the proposed activity, b. The nature of the assisted business, and c. Description of activity/activities for which BSTF funds will be used. IV. Partner Information (if applicable) V. Project Information—"a"through "f" VI. Project Economic Impact Statement(both negative and positive) VII. Project Sources and Uses of Funds form with a narrative including the source, use and status of all funds to be utilized, professional services quotes, match commitment letters, business match commitment letter,etc. VIII. Signed Certification 2. BSTF Benefits Certification (Appendix B-if applicable) X 3. Business Plan X 4. Financial Statements X 5. Projections X 6. Hiring Plan X Have you included? I. AppendixC X II. Business Commitment Letter on hiring and match X 7.Training Plan (if applicable) N/A 8.Supporting Documentation: (Attach all additional Supporting Documentation)This could include letters of support from organizations, businesses or communities as well as any other documents you feel is beneficial. N/A(Description) N/A Local Government or Tribal Resolution A formal local or tribal governmental resolution supporting the project and authorizing the application to the Program is required at the time of application. X Big Sky Economic Development Trust Fund Program Montana Meat Co/City of Bozeman, MT Montana Department of Commerce 10 Category I—Economic Development—Job Creation MONTANA November 3, 2015 Montana Department of Commerce Big Sky Economic Development Trust Fund PO Box 200505 301 S Park Ave Helena, MT 59620-0505 Dear Ms. Karyl Tobel, I am writing this letter to confirm that I commit to make the investments (match) as described. Our matching contribution is from a vehicle and refrigeration insert that I purchased less than six months before this application is deemed complete. This vehicle and insert is required in order for Montana Meat Co. to expand and thrive. As required by BSTF, we are complying with meeting the 2:1 match, and providing at least $37,500 of the $75,000 grant request. To be exact, the cost of the vehicle and required upgrades equals $57,964. If this funding is approved, I commit to hiring 10 new positions at Montana Meat Co. by November 30, 2016. Thank you, Garl Germann President and Founder Montana Meat Co. Ali UIII CERTIFICATION BY LOCAL GOUERNMENT:AND 13US1NESS As the responsible authorized agents of Local or Tribal Government Applicant City of Bozeman, and Applicant Business:Montana Meat Co.,we hereby submit this Big Sky Economic Development Trust Fund Application. The information presented in this application is,to the best of our knowledge, true, complete and accurately represents the proposed project.We understand that additional Information and documentation may be required. In addition, we understand that the local or tribal government applicant and the assisted business receiving BSTF financial assistance are liable for the full amount of the award that is advanced by the Department if the assisted business: misrepresents Itself or its claims,fails to create or maintain the number of net new eligible jobs as specified in the executed contract and assistance agreement,fails to inject the required amount of match into the project as specified in the executed contract and assistance agreement, or ceases operations at the Project Site. p, ®The Applicant designates Paul Reichert,406-587-3113 as the authorized contact for any additional Department requests for the release of additional information regarding this application for BSTF funds. Local or Tribal Government Applicant:City of Bozeman will accept responsibility for management of the project and compliance with Big Sky Economic Development Trust Fund regulations. Applicant Business:Montana Meat Co.will accept responsibility for compliance with applicable Big Sky Economic Development Trust Fund regulations as specified in this application. Name n (typed): C,krI'S A. kt)KO1 kt Local or Tribal Government: City of Bozeman Title(typed): C j 4u fri p,dp�^ Chief E'Noted Officialcii Signature: X A. V Date: it— 4 - , r As the responsible authorized agents of the Assisted Business;Montana Meat Co„we hereby submit this Big Sky Economic Development Trust Fund Application. The information presented in this application is, to the best of our knowledge,true,complete and accurately represents the proposed project.We understand that additional information and documentation may be required. In addition,we understand that the local or tribal government applicant and the assisted business receiving BSTF financial assistance are liable for the full amount of the award that is advanced by the Department if the assisted business: misrepresents Itself or Its claims,fails to create or maintain the number of net new eligible jobs as specified in the executed contract and assistance agreement, fails to inject the required amount of match into the project as specified in the executed contract and assistance agreement, or ceases operations at the Project Site. The assisted business agrees that the Montana Department of Commerce and the Montana Department of Revenue may share financial and tax information related to this application. Name (typed): Assisted Business: Montana Meat Co. Gad Germann Title(typed): President and Founder Auth• ��a tative Sig nature: Date: ,'+.2015 • • II ji .U Ni.tIrNMS rilf* 11; Zty� 411P lett RESOLUTION NO. 4653 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, 1 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 THE MONTANA MEAT COMPANY,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,the Montana Meat Company,Inc,desires to expand their business and create additional agricultural-related jobs in Bozeman; and WHEREAS, the City Commission values local agriculture and Montana-made products and services 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-team,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 Prospero 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 Prospero Business Network, to the Montana Department of Commerce,Big Sky Economic Development Trust Fund Program to assist the Montana Meat Company, Inc in their expansion project and that The Prospero 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 2nd day of November,2015. JE' r i I 1 I1.AUSS M.yo - ,Oz,�pp'` , 0Y ^ n n r. a y'1(.1F r. ATTEST: r4, ,° ; ...';)-:-• +a `r STAY N, CIVIC, (------\abs `� City rk ., -�Trotc' APPR• ED AS Te FORM: S G 61 G DIVAN City Attorney