Jamestown  (CSi)  Jamestown Mayor Dwaine Heinrich says  ADM has requested from Stutsman County,  $200,000 in annual payment in lieu of taxes for the  soybean crushing plant at Spiritwood Energy Park. From 2022, to 2024.

On Monday’s Wayne Byers Show on CSi Cable 2 he pointed out that other political subdivision will also be affected concerning taxes such as the school district in that area, and political subdivisions, that will have to make decisions in the future.

He added that ADM is planning to demolish all but the silos at the former Cargill site.

JSDC has announced that incentives includes $2.514 million on an 80/20 split between Stutsman County and the City of Jamestown, with Jamestown share at 80-percent, each approving their share.  The City’s share is, $2,011, 200. It includes a FlexPACE interest Buy-down, new jobs training funds, JSDC jobs incentive, and up to $1 million payable upon confirmation of and final signatures to construct the plant.

Incentives also includes up to $500,000 upon completion of the plant, no later than 24 months following the execution date of Letter of Intent with the Spiritwood Energy Park Association.

Also on our show Mayor Heinrich said the 2022 Calendar Year Jamestown City Budget will be coming up for budget meetings later this month, and he hopes the budget will be balanced without increasing taxes.

He added that the Road Diet construction through Downtown Jamestown is slightly ahead of schedule and may be completed in August this year.  He complemented the construction company and workers on the progress of the project.