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HomeMy WebLinkAboutMT Department of Commerce (5)M NTANA Department of Commerce DIRECTOR'S OFFICE 301 S, Park Ave * P.O Box 200501 * Helena, Montana 59621)-0501 Phone 406-841-271)1) * Fax: 406-841-271)1 ~ TDD: 41)6-841-2702 ~- h[lp:flcornmerce.m~ gov BRIAN SCHWEITZER, GOVERNOR November 2g, 2006 Kenneth Olson, Mayor City of Laurel 115 W. First Street P.O. Box 10 Laurel, MT 59044 Dear Mayor Olson: The Montana Department of Commeme has completed its scoring and ranking of the 57 applications submitted to the Treasure State Endowment Program (TSEP) for construction grants that will be awarded by the 2007 Legislature. The Department's recommendations were submitted to the Governor and approved. The recommendations will now be submitted to the Legislature for its consideration. The TSEP applications were analyzed, scored and ranked by the Department's staff and consulting engineers according to the seven criteria that are set out in the TSEP statute. The first attachment shows the scores assigned to each application and how they ranked. The second attachment shows the financial analysis and the amount recommended for each project. Unfortunately, the infrastructure needs detailed in the applications far exceed the TSEP funding that will be available to the 2007 Legislature. Based on the revenue projections from the Governor's budget office, $17,335,111 will be available for grant awards for the 2009 biennium. As a result, the first 31 projects would be funded in full. In addition, the next three projects would be recommended for funding, contingent upon funds becoming available. The TSEP staff is in the process of completing the reports for each project that will be submitted to the Legislature. Once the project reports are completed, we will send a copy of it to you, along with the final engineering review report. If you have questions regarding the scoring of the TSEP applications, please call Jim Edgcomb, TSEP program manager, at 841-2785. Sincerely, Montana Department of Commerce Enclosures (2): Scoring of the TSEP Statutory Priorities and Final Ranking Recommendations Financial Assistance Analysis/Grant Award Recommendations for the 2009 Biennium c: Scott Murphy, Morrison-Maeirle, Inc. 0 0 0 >. © 0