Creating Quality Career Opportunities……..

……Building Quality of Place

On March 15th the City and County Commissions voted unanimously to support

requests totaling $100,000 for a new company that would lease the NW Industrial

Park Building. About 10 jobs would be created and provide benefits. A site visit

was conducted early February. We are optimistic and waiting for their response.

The Corporation has been actively

marketing and recruiting businesses

for the NW Industrial Park building and

the Regional Technology Center. We

have responded to requests for

information for industrial prospects and

are pursuing technology opportunities

through our many relationships.

Service & Retail Development - Flex PACE

The Flex PACE Program has proven to be a highly effective tool for retail and

service businesses and multi-family housing. The numbers are impressive and

adding up. Projects Funded…..32 Total….

Development Corporation 19 $518,102 As a Loan/Local Match

*Economic Development 10 $108,150 As a Loan/Local Match

*Economic Development 3 $59,071 As a Grant/Local Match

Totals 32 $685,323

Bank of North Dakota $2,020,345 As a Grant/BND Match

Total Flex PACE $2,705,668

*13 Projects were funded through the City Sales Tax and Barnes County funds

dedicated to economic development. The Corporation funded 19 projects inde-

pendently through its own resources.

Flex PACE savings may make the difference needed to move an investment

forward. Investors, contractors working with customers, and interested parties

should contact the Development Corporation office at 701.840.7820.

PROGRESS REPORT Valley City—Barnes County Development Corporation March 2016

2015-2016 Progress

National Guard

Under Construction

Wellness Center

Under Construction

NW Industrial Park Bldg.

Programs

Flex PACE Program

Child Care Grant Program

Contact: 701-840-7820 or vdg@hellovalley.com for

more information.

Additional Land and

Building Space Available

Northwest Industrial Park -

about 30 acres of land

I-94 Regional Development

Corridor - 20 acres

Technology Park

2.5 acres

Regional Technology

Center - 20,000 sq. ft.

701.840.7820 | vdg@hellovalley.com | valleycityND.org/VDG | 250 West Main Street

Regional Technology Center

Northwest Industrial Park Building

National Guard Maintenance Shop | Wellness Center

701.840.7820 | vdg@hellovalley.com | valleycitynd.org/vdg | 250 West Main Street

Wellness Center Project

Construction continues on the Valley City Health, Wellness and Physical

Education Center. Opening fall, 2016.

For up to date information and a live feed of the construction site, visit

http://www.vcparks.com/facilities/wellness_center/

ND Army National Guard Field Maintenance

Shop (FMS)

Construction on the new North Dakota Army National

Guard Field Maintenance Shop is well under way. These

buildings will provide 30,000 square feet of heated

maintenance area and 15,000 square feet of unheated

vehicle storage. The $13 Million project is scheduled for

completion in October of 2016.

This construction project is seen by thousands of

interstate commuters each day. This visibility is another

way to get the positive message out that Valley City-

Barnes County continues to progress.

Field Maintenance Shop & Vehicle Storage

Field Maintenance Shop

Wellness Center Timeline

June 2015

Ground preparation began

October 2015

Placement of precast wall

panels began

December 2015

Gym floor was poured

January 2016

All exterior walls were

completed and interior work

began

March 2016

Concrete was poured for

swimming pool

April 2016

Stairs to second floor

completed

August 2016

Projected open date

701.840.7820 | vdg@hellovalley.com | valleycityND.org/VDG | 250 West Main Street

Paige Bjornson, President -Dacotah Bank

Tony Kobbervig, President-Elect -Retired

Wade Bruns, Past President -Ag & Business Investments

George Gaukler, Director -Valley Realty

Dean Kinney, Director - LaFarge NA

JoAnn Hooper, Director -Ludvigson & Braun LLP

Bobby Koepplin, Director -Cass County Electric Co-op

Mary Simonson, Director -Open Door Center

Josh Kasowski, Director -Bank Forward

Bill Carlblom, Director -Barnes County Commission

Mike Metcalf, Director -Barnes County Commission

Leighton Smith, Director -Alliance Pipeline

Luke Trapp, Director -Summit Properties

Keith Anderson, Ex-Officio -Retired, Inter Community Telephone

Matt Pedersen, Ex-Officio -City Commission

Chad Petersen, Ex-Officio -KLJ

Robert Werkhoven, Ex-Officio -City Commission, Mayor

Jeff Bopp, Ex-Officio -SVCTC

Tisa Mason, Ex-Officio -President, VCSU

Professional Staff

Jennifer Feist -Director of Development

Alicia Hoffarth -Resource Development Specialist

Trinity Potts -Administrative Assistant

Andrea Nelson -Sheyenne Valley Community

Foundation

2015—2016 VC—BC Development Corporation Board of Directors

Annual Banquet | VCBCDC Board & Nominations

VCBCDC Board Nominations

According to our Bylaws, each member in good standing may submit

names to the nominating committee to be placed in nomination for election

at the Annual Meeting. The Deadline for submission is 5 pm, April 20, 2016.

Please send to the Corporation’s Office at 250 West Main Street, Valley

City, ND 58072. Thank you!

SAVE THE DATE

April 28, 2016

Social 5:30 pm

Program 6:30 pm

Valley City State University

- Student Center

Tickets: $25 Each

Please RSVP

by April 20th

Joint Banquet of the Valley City-Barnes County Development

Corporation and Valley City Area Chamber of Commerce

Join us the evening of April 28th for food and comradery as we reflect on the

successes of the previous year and challenges and opportunities ahead.

GUEST SPEAKER….Doug Burgum, former senior vice

president of Microsoft. Doug is an entrepreneur and

philanthropist who served as Chairmen & CEO of Great

Plains Software which he later sold to Microsoft in

2001. He continues to be active in technology and is a

board member and investor in a number of technology

companies. Doug Burgum

Directors Standing for

Reelection:

Mary Simonson

Bobby Koepplin

Dean Kinney