{"id":58795,"date":"2014-11-11T07:00:24","date_gmt":"2014-11-11T13:00:24","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=58795"},"modified":"2014-11-17T08:42:32","modified_gmt":"2014-11-17T14:42:32","slug":"jsdc-deferrs-flex-pace-request","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=58795","title":{"rendered":"JSDC deferrs Flex Pace request"},"content":{"rendered":"<p>Jamestown (CSi) The Jamestown\/Stutsman Development Corporation (JSDC) . Board of Directors has deferred action on a Flex Pace interest buydown for Ben Pesek.<\/p>\n<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2014\/11\/HobbyLobbyoldlocation.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-59139\" alt=\"HobbyLobbyoldlocation\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2014\/11\/HobbyLobbyoldlocation-300x202.jpg\" width=\"300\" height=\"202\" srcset=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2014\/11\/HobbyLobbyoldlocation-300x202.jpg 300w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2014\/11\/HobbyLobbyoldlocation-259x175.jpg 259w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2014\/11\/HobbyLobbyoldlocation.jpg 445w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Pesek is planning to construct five heated shop spaces to lease to businesses in Jamestown,<\/p>\n<p>The Flex Pace program pays a portion of the interest of a business loan effectively reducing the interest rate by 5 percent or to 1 percent, whichever is higher. The program is funded by grants from the Bank of North Dakota and a loan from the JSDC. The loan to the JSDC is repaid after the original business loan is paid off.<\/p>\n<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/05\/JM-Chamber.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-19297\" alt=\"JM Chamber\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/05\/JM-Chamber-300x202.jpg\" width=\"300\" height=\"202\" srcset=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/05\/JM-Chamber-300x202.jpg 300w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/05\/JM-Chamber-259x175.jpg 259w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/05\/JM-Chamber.jpg 445w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The JSDC Board has approved leasing space in the JSDC offices to Secretarial Solutions at a market rate based on the appraisal of the building.<\/p>\n<p>The lease will include an annual adjustment based on the Midwest Non-urban Consumer Price Index.Secretarial Solutions does contract accounting work for the JSDC, Spiritwood Energy Park<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jamestown (CSi) The Jamestown\/Stutsman Development Corporation (JSDC) . Board of Directors has deferred action on a Flex Pace interest buydown for Ben Pesek. Pesek is planning to construct five heated shop spaces to lease to businesses in Jamestown, The Flex Pace program pays a portion of the interest of a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":27116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,14],"tags":[],"class_list":["post-58795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-jamestown"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/58795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58795"}],"version-history":[{"count":6,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/58795\/revisions"}],"predecessor-version":[{"id":59140,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/58795\/revisions\/59140"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/27116"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58795"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}