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West Fargo approves $275,000 forgivable incentive to keep Sign Badgers in city
Summary
The West Fargo City Commission approved a $275,000 forgivable loan from economic development sales tax to help Sign Badgers fit out a West Fargo production and office space, 4–1 after debate over amount and enforceable job or clawback conditions.
The West Fargo City Commission on Monday approved a $275,000 business incentive for Sign Badgers, a production and signage company that is seeking to relocate into a roughly 5,000-square-foot West Fargo space rather than a competing Fargo site.
The incentive, funded from the city’s economic development sales tax and structured as a forgivable loan over five years, passed 4–1. Commissioner Olsen moved to approve and Commissioner Zundell seconded; the clerk recorded the tally as four ayes and one nay.
City Economic Development Director Casey Sanders Bergman said Sign Badgers was founded in West Fargo and has operated here for about 15 years. “The request before you today is $275,000, funded through economic development…
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