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City Council approves 10‑year PILOT for Cirrus Aircraft expansion, tying completion milestones and conditions to incentives
Summary
Grand Forks City Council on June 2 approved a 10‑year PILOT (payment in lieu of taxes) agreement to support a 30,000‑square‑foot expansion and renovation for Cirrus Aircraft, with strict milestone and compliance conditions before the PILOT takes effect.
The Grand Forks City Council on June 2 approved a 10‑year payment‑in‑lieu‑of‑taxes (PILOT) development agreement to support a 30,000‑square‑foot expansion and renovation at Cirrus Aircraft’s Grand Forks facility.
City staff presented the PILOT, describing it as part of a larger planned expansion that staff estimated at about $15 million for current work and indicating an additional 60,000 to 90,000 square feet of potential expansion over the next five years. Mr. Phelan, a city staff presenter, said the company planned to begin construction this summer if approvals proceeded on schedule and that the JDA had already approved related PACE financing.…
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