Jamestown (CSi) The Jamestown/Stutsman Development Corporation (JSDC) Board of Directors has approved language changes in order to create a rubric.

On Wednesday’s Wayne Byers Show on CSi Cable 2,  JSDC’s Office Administrator, Kaitlin Dillard said a JSDC Flex PACE, committee was formed, and met twice in December of 2014 to discuss future Flex PACE criteria. The committee went through Flex PACE projects that were passed to see if the criteria worked to check their work, verbiage, etc.

The rubric will still need to be passed by the City of Jamestown and Stutsman County.

In the JSDC unofficial minutes….

JSDC Flex PACE criteria:

The JSDC Flex PACE committee met on Dec. 8th and 19th to discuss future Flex PACE criteria for the JSDC executive committee to act on at the Dec. 22nd meeting. There are eight areas that add up to 16 points. The project must score 8 points or higher to quality. The proposal is to set aside $250,000 of the economic development funds per year for qualifying Flex PACE projects. After the delegated funds are obligated for the year projects will wait to apply for the following year’s available funds. The committee agreed that if an applicant does not meet the minimum rubric qualifications and there are funds left at the end of the year, the applicant still does not qualify.

A resolution with the City and County should be discussed to allow the JSDC board of directors to determine final approval of the qualifying project. This allows the project to more easily meet deadline with the Bank of North Dakota. The project’s community share would be requested from the economic development fund after the project’s final approval by the JSDC board of directors.

A discussion was held by the JSDC Board of Directors. A few additions and modifications were suggested to be made to the rubric including a signature line at the bottom to be signed by the applicant to verify the information is correct/accurate and a signature line for staff to show they reviewed it. Also changes to some content verbiage/wording were proposed as well for example changing the verbiage of “Investor Owned to Owner Occupied”, etc.

At the January 12, 2015 meeting, Kelly Rachel moved to approve the rubric with the recommended changes, which passed 12-0 with Gary Riffe, Brent Harris and Mark Klose absent.

Chris Rathjen moved to request $250,000 from the city for Flex PACE 2015, to be 100% city funded, and the motion passed unanimously.