Jamestown, ND (KCSi-T.V. News Oct 23, 2013) — The Jamestown/Stutsman Development Corporation Executive Board has approved selling two condominiums acquired in 2010.

JSDC obtained the condos as partial payment on loans made to Brian Lunde, who originally developed the Zappas building. The condominiums are located on the second floor and the Buffalo City Rotisserie Grill is located at street level.

The condos were each valued at $150,000 in December 2010 when the JSDC took possession.

Great River Energy purchased one condo for $150,000. GRE has rented the same condo, a corner unit, for the past two years for its staff staying in Jamestown while working on the Spiritwood Station coal-fired generating plant and Dakota Spirit AgEnergy.

Fran and Monica Romsdal purchased the second condominium for $145,000. The current residents renting that unit did not make a counter offer and will be given 30 days to vacate the residence.