JAMESTOWN — The Jamestown/Stutsman Development Corp. Board of Directors approved on Monday, Sept. 11, a lot sale in the Bloom Business Park to All Day Trucking.
The purchase price is $108,500 for 10.85 acres, which is lot four in the business park.
The Bloom Business Park is located in Bloom Township, about 2 1/2 miles east of Jamestown and directly east of Cavendish Farms on 3rd Street Southeast. The lot was the last available in the business park.
The funds from the lot purchase will go back to the city and county at an 80-20 county-city share if the sale is approved by the Jamestown City Council and Stutsman County Commission. Stutsman County would receive $86,800 while the city of Jamestown would get $21,700.
Corry Shevlin, CEO of JSDC, said more than $500,000 was invested into the Bloom Business Park. He said the purchase price of $108,500 recoups the funds invested by the JSDC, the city and county.
All Day Trucking, owned by Ben and Darcy Mickelson, is an agricultural commodity and transportation business that focuses on sourcing, handling, storing and manufacturing agricultural byproducts, said Alyssa Looysen, business development director at JSDC. A series of flat storage building and commodity-handling equipment that will be able to store, unload and reload byproducts will occupy the land.
“The project will also provide current and future ag processors in the area a place to store and ship excess byproducts until their market opportunity arises,” she said.
Ben Mickelson said he and his wife noticed there is a lack of capacity to store agricultural byproducts in the area over the past 10 years.
“It doesn’t seem like byproducts are going anywhere anytime soon,” he said. “I think they are just going to grow. You see that with Green Bison (Soy Processing). They are also going to have more byproducts that we can store efficiently.”
The JSDC board also approved an application for a Flex PACE interest buydown for up to about $86,000 on an 80-20 county-city split for Peterson Ag Solutions.
If approved by the City Council and county commission, the county’s share will be more than $68,500 and the city’s share will be over $17,100.
Peterson Ag Solutions plans on building a “state-of-the art” agronomy facility in Courtenay to sell and store seed and crop protection products, Looysen said. She said the building will increase access to products and services for local farmers and allow load times to decrease for seed and crop protection products.
In other business, the JSDC board approved a deobligation of Flex PACE funds in the amount of $215,000.
The JSDC board approved a Flex PACE request of up to $215,000 for Agri-Cover Inc. in May 2022. At the time, Agri-Cover was planning on building a new facility to house its truck-tarp manufacturing business. The facility has since been constructed.
Shevlin said Agri-Cover went in a different direction that didn’t involve using the Flex PACE funds.
If approved by the City Council and county commission, the county would get back $172,000, and $43,000 would return to the city.
Masaki Ova joined The Jamestown Sun in August 2021 as a reporter. He grew up on a farm near Pingree, N.D. He majored in communications at the University of Jamestown, N.D.