HomeMy WebLinkAboutResolution 5458 Supporting Big Sky Economic Development Trust Fund Application on behalf of CommonFont
RESOLUTION 5458
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 COMMONFONT, LLC
[COMMONFONT].
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, commonFont, desires to expand their business and create additional
technology jobs in Bozeman; and
WHEREAS, the City Commission has determined that technology 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.
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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 commonFont 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 22nd day of November, 2022.
CYNTHIA L. ANDRUS
Mayor
ATTEST:
Mike Maas
City Clerk
APPROVED AS TO FORM:
GREG SULLIVAN
City Attorney
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VIII. CERTIFICATION BY LOCAL GOVERNMENT AND BUSINESS
As the responsible authorized agents of Local or Tribal Government Applicant:
_______________________________________, and Applicant Business:
_______________________________________, 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 Applicant designates _________________________________________________________ (Name and
Phone number) 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: ________________________________________ will accept responsibility
for management of the project and compliance with Big Sky Economic Development Trust Fund regulations.
Applicant Business: ____________________________________________________ will accept responsibility for
compliance with applicable Big Sky Economic Development Trust Fund regulations as specified in this application.
Name
(typed):
Local or Tribal Government
Title (typed):
Chief Elected Official
Signature: X
Date:
As the responsible authorized agents of the Assisted Business: ______________________________________,
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
Title (typed):
Authorized Representative
Signature: X
Date:
11/03/2022
Prospera Business Network
commonFont
Prospera Business Networkn
City of Bozeman
commonFont
Cyndy Andrus
Mayor
commonFont
Joel Maxwell
Managing Director
DocuSign Envelope ID: 1D7B13F2-99E6-465F-8272-0A4F5F86E69C
11/23/2022