Jamestown (CSi) The Jamestown/Stutsman Development Corporation (JSDC), Finance Committee is setting guidelines to prevent reporting financial errors.

The JSDC Executive Committee recommended approval of the recent audit to the board of directors which will meet as part of the JSDC annual meeting at 6 p.m. Wednesday at the Quality Inn & Suites.

The recent JSDC audit also included its subsidiary Spiritwood Energy Park, and contained, “material weaknesses” in the internal financial bookkeeping of the organization, according to Schauer and Associates, Audit Manager, Linda Mohn.

The Spiritwood Energy Park Association (SEPA) Board of Directors also approved the audit at a Special Meeting.

JSDC owns 71 percent of the Energy Park while Great River Energy owns the remaining 29 percent.