Jamestown (CSi) The Jamestown/Stutsman Development Corporation (JSDC) Executive Committee has approved a JSDC jobs incentive grant of $682,000 to Dakota Spirit AgEnergy.

The recommendation will go to the JSDC Board of Directors on March 10th and requires approval by the Jamestown City Council and the Stutsman County Commission.

CHS expects about 150 jobs with an average wage of about $85,000 per year. Providing the jobs incentive grant for all those jobs could cost the JSDC about $3.5 million.

The executive committee approved purchasing 320 acres of land in Spiritwood Township next to the Spiritwood Energy Park Association property.

The land costs $6,000 per acre about $2 million for the parcel. The JSDC Board of Directors approved the purchase on February 3rd , but it was voted down by the Stutsman County Commission.

A special meeting of the JSDC Board of Directors was convened also approving the purchase.