Grand Forks Growth Fund - A Jobs Development Authority

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The Grand Forks Growth Fund, established in 1987, is the City's Primary economic development financing program.  It has been managed since 1995 by the Growth Fund, a Jobs Development Authority with advice from the Growth Fund Committee.  

The Grand Forks Growth Fund, a Jobs Development Authority (JDA), through direct and indirect actions, will encourage the creation of new jobs, enhance the economic climate, save existing jobs, create new wealth, enhance the local property tax base, encourage capital investment, improve the quality of life, enhance tourism and local events, promote public, private, or public/private enterprises or partnerships, and diversify the local economy.

The Growth Fund JDA takes final action on recommendations provided by the Growth Fund Committee, a subcommittee to the JDA.

Membership:

The powers and responsibilities of the authority shall be vested in a board of directors consisting of all members of the Grand Forks City Council and the mayor for the City of Grand Forks.

 

Staff:

Meredith Richards   Email
Planning & Community Development Department -  701-746-2661

Growth Fund Committee

AGENDA

GROWTH FUND COMMITTEE

January  27, 2020 - 4:30 p.m.

City Hall Room A102

  

               ____ Dachtler            ____ Holth                ____ Weber                ____    Weigel             ____ Wolf                  

 

  1. Roll Call

     

  2. Minutes:Meeting of December 9, 2019

     

  3. Release of Personal Guaranty Request from ODRA, LLC

     

  4. Rendezvous Region Tourism Council Funding Request

     

  5. Start-Up Grand Forks Loan Requests:

          a.         Persephone’s Floral

          b.         Grand Forks Snack Shack

     

  6. Adjournment

 

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