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School board approves 90%/20‑year PILOT for Agristo plant after 6‑3 vote
Summary
The Grand Forks School Board on July 14 approved a city request for a payment‑in‑lieu‑of‑taxes (PILOT) that would exempt 90% of property taxes for Agristo’s phase‑1 facility for 20 years by a 6–3 vote.
The Grand Forks School Board on Monday, July 14 approved a city request for a payment‑in‑lieu‑of‑taxes (PILOT) that would exempt 90 percent of the property tax on the Agristo phase‑1 plant for 20 years, by a 6–3 roll‑call vote.
The PILOT was presented by city staff, including City Administrator Todd Phelan and Business Manager Brandon Bambach, who summarized the city’s analysis of projected tax revenues, job creation and estimated student enrollment impacts. The board voted after a public presentation and discussion; the motion to approve the 90%/20‑year PILOT passed 6 yes, 3 no.
Why it matters: Agristo is a large frozen‑potato processor that city officials and regional agricultural leaders said would be a major industrial investment for Grand Forks and the region. Supporters argued the combined incentives (state forgivable loan plus the local PILOT) were…
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