Jamestown, ND (KCSi-T.V. News Mar 6, 2013) — Representatives from the Jamestown/Stutsman Development Corporation are on hand at the North Dakota Winter Show in Valley City.

On Wednesday’s Wayne Byers Show on CSi Cable 2, JSDC, CEO, Connie Ova said,

the Winter Show booth is staffed by the JSDC, along with Great River Energy, and Cenex Harvest States, to answer question about economic development along with the upcoming plants coming to the Spiritwood Energy Park.

She noted that late this summer will be the groundbreaking for the GRE facility, with the opening in 2014.

She added that the railroad spur line will be built along with that project.

Groundbreaking for the CHS fertilizer plant will be in 2014, and scheduled to be on line in 2016.

She pointed out that at the April JSDC board meeting, a representative will be on hand from ElderMark, talking about updates and future plans.

April 30th will be the JSDC Annual Meeting with more information coming on that.

At this month’s JSDC monthly board meeting, Ms. Ova said the board of directors authorized a Flex Pace interest buy down for Two Rivers Printing which would lower interest costs associated with the business acquiring a new location, at the former Waggin’ Tails Doggy Daycare location in Jamestown.

The loan would be a maximum of $54,000 that is used, plus a grant from the Bank of North Dakota, to lower the interest on the loan Two Rivers Printing will use to purchase the building.

Owners plan to expand the business and add additional employees.

The Flex Pace interest buy down reduces the interest expense of the real estate loan.

Once the primary loan is paid off, the business repays the JSDC over a two-year period.

The board action must be approved by the Jamestown City Council, and the Stutsman County Commission.

In other economic development notes, the Ag Week  luncheon is planned by the Jamestown Area Chamber of Commerece Ag/Energy Committee, with featured speaker Endless Harvest, Project Manager, Steve Frohlich.

He will give updates on the commercial greenhouse project, looking to locate in Stutsman County.

The luncheon will be on Tuesday March 19, 2013 at the North Dakota Farmers Union building in Jamestown, noon-1-p.m.

Tickets are $10 per person and can be purchased at the door, on contact Lis at the chamber at 252-4830, or lisa@jamestownchamber.com