HomeMy WebLinkAboutResolution 5263 Relating to PIE BSTF Application
RESOLUTION 5263
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, RELATING TO THE SECOND APPLICATION TO BIG SKY ECONOMIC
DEVELOPMENT TRUST FUND PROGRAM ADMINISTERED BY THE STATE OF
MONTANA, DEPARTMENT OF COMMERCE, ON BEHALF OF THE PROFITIBLE
IDEAS EXCHANGE (“PIE”).
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, PIE, desires to expand their business and create additional knowledge-based
jobs in Bozeman; and
WHEREAS, the City Commission has determined that the knowledge economy including
the information and technology sectors has high growth potential, supports mid to high wage jobs
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; 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.
DocuSign Envelope ID: A9096372-98E3-428E-AF61-BAC985AF7581
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 PIE 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 23rd day of February, 2021.
CYNTHIA L. ANDRUS Mayor ATTEST:
MIKE MAAS City Clerk
APPROVED AS TO FORM:
GREG SULLIVAN City Attorney
DocuSign Envelope ID: A9096372-98E3-428E-AF61-BAC985AF7581