West Fargo approves $275K business incentive for Long Creek Steel jobs expansion

March 04, 2025 | West Fargo, Cass County, North Dakota

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West Fargo approves $275K business incentive for Long Creek Steel jobs expansion

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The City of West Fargo City Commission convened on March 3, 2025, to discuss several key agenda items, including a business incentive proposal and the extension of the Renaissance Zone designation.

The meeting began with a presentation regarding Long Creek Steel, a company expected to create 25 to 30 jobs in the area. The proposal includes a two-part forgivable loan totaling $275,000, aimed at incentivizing the business to offer competitive wages. The first portion of $100,000 will be forgiven once the company hires key staff and obtains a certificate of occupancy. The second portion of $175,000 will be forgiven after the company completes its first full year of operations. The city aims to support economic growth through this initiative, with the applicant also planning to apply for an interest rate buy-down program through the Bank of North Dakota.

Commissioners raised questions about the timeline for infrastructure development, with street construction expected to begin in the summer. Long Creek Steel is targeting October for equipment arrival, with hopes of obtaining the necessary occupancy certificate by the end of the year.

Following discussions, Commissioner Zendell moved to approve the business incentive for Long Creek Steel, which was seconded by Commissioner Olson. The motion passed unanimously.

The meeting then shifted to the Renaissance Zone designation, which is set to expire on June 6, 2025. Director of Economic Development Casey Sanders Bergland requested confirmation from the commission to proceed with a 10-year extension of the designation. This extension would allow for updates to the development plan and guidelines without making immediate changes to the existing program.

Overall, the meeting focused on fostering economic development in West Fargo through strategic incentives and planning for future growth. The commission's approval of the business incentive reflects a commitment to attracting competitive jobs and supporting local businesses.

Converted from City of West Fargo City Commission Meeting - March 3, 2025 meeting on March 04, 2025
Link to Full Meeting

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