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## Jamestown/Stutsman Development Corp. Approves Lot Sale in Bloom Business Park

The Jamestown/Stutsman Development Corp. (JSDC) Board of Directors met on Monday, Sept. 11, to discuss and approve the sale of a lot in the Bloom Business Park. The lot, known as lot four, spans 10.85 acres and was purchased by All Day Trucking for a price of $108,500.

### Benefits of the Bloom Business Park

The Bloom Business Park, located in Bloom Township just east of Jamestown and adjacent to Cavendish Farms, has become a prime location for businesses due to its strategic positioning. The park aims to attract commercial and industrial enterprises by offering well-designed lots and excellent infrastructure.

The sale of the last available lot in the business park will contribute to funding the city and county. If approved by the Jamestown City Council and Stutsman County Commission, the funds from the sale will be split on an 80-20 county-city share. Stutsman County will receive $86,800, while the city of Jamestown will acquire $21,700.

### All Day Trucking’s Business Model

All Day Trucking, owned by Ben and Darcy Mickelson, specializes in agricultural commodity and transportation services. The company focuses on sourcing, handling, storing, and manufacturing agricultural byproducts. They plan to utilize the purchased lot to construct flat storage buildings and install commodity-handling equipment that will enhance their operations.

In addition to meeting their own business needs, All Day Trucking aims to provide local ag processors with a central location to store and ship excess byproducts until there is a market opportunity. This will not only benefit All Day Trucking but also support the growth and efficiency of the entire agricultural industry in the area.

### JSDC’s Role and the AI legalese decoder Solution

Corry Shevlin, the CEO of JSDC, highlighted the significant investment made into the Bloom Business Park, amounting to more than $500,000. The sale of the lot at $108,500 will help recoup these funds, benefiting both the JSDC and the city and county.

In this context, an AI legalese decoder can play a crucial role in facilitating the process. The decoder can assist in analyzing legal documents, contracts, and agreements related to the lot sale, ensuring that all terms and conditions are accurately identified and understood. By leveraging the power of AI, the decoder can save time and effort while ensuring legal compliance and clarity for all parties involved.

### Other Approvals and Projects

During the meeting, the JSDC board also approved an application for a Flex PACE interest buydown for Peterson Ag Solutions. The board agreed to provide up to approximately $86,000, split on an 80-20 county-city basis. If approved by the City Council and county commission, the county would receive over $68,500, and the city would obtain more than $17,100.

Furthermore, the JSDC board approved the deobligation of Flex PACE funds amounting to $215,000. These funds were initially approved for Agri-Cover Inc. in May 2022 to support the construction of a new facility for their truck-tarp manufacturing business. However, the company decided to pursue a different direction and did not utilize the Flex PACE funds. If approved, the county would be reimbursed $172,000, with $43,000 going back to the city.

### Conclusion

With the approval of the lot sale in the Bloom Business Park and various other projects, the JSDC continues to foster economic development and attract businesses to the Jamestown area. The utilization of an AI legalese decoder can streamline legal processes and ensure clear communication between stakeholders, contributing to a more efficient and transparent business environment.

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