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EDC tells county commissioners its work brings jobs, payroll and property-tax growth to Grand Forks County
Summary
The Grand Forks Region Economic Development Corporation told the county commission it leverages local investment to attract primary-sector projects, citing $2.8M in client-contributed property tax base, $669M in payroll among clients, a 19-project pipeline and recent workforce grants from the state.
Keith Lund, president and CEO of the Grand Forks Region Economic Development Corporation, told the Grand Forks County Commission the EDC focuses on attracting and retaining primary-sector businesses and on workforce development to grow the county’s tax base and job opportunities.
Lund described the EDC’s funding mix — he said the county and city contribute roughly $250,000 each annually and the business community is budgeted at $570,000 — and said the organization recently received roughly…
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