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Board approves 10‑year PILOT for Cirrus Aircraft expansion; district foregoes portion of future incremental property tax revenue
Summary
The school board voted 7‑1 to recommend a payment‑in‑lieu‑of‑taxes (PILOT) agreement to support Cirrus Aircraft’s two‑phase Grand Forks expansion; the district will forgo an estimated share of incremental property taxes over a 10‑year term.
The Grand Forks Public Schools Board on May 12 voted 7‑1 to approve an administrative recommendation supporting a payment‑in‑lieu‑of‑taxes (PILOT) application from Dakota Aircraft Corporation (doing business as Cirrus Aircraft) for a proposed two‑phase expansion at the company’s Grand Forks facility.
Keith Lund of the Economic Development Corporation introduced Cirrus representatives and noted Cirrus has been in Grand Forks for about 30 years and is a major local employer. Steve Thomas, Cirrus’s executive director of operations in…
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