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Grand Forks Jobs Development approves $250,000 accelerate loan to First-i after two months of discussion


Grand Forks Jobs Development approves $250,000 accelerate loan to First-i after two months of discussion
First-i’s accelerate loan is a convertible note at a 20% discount, and a minimum 10% owner equity requirement for the was agreed on during the July 12 Grand Forks Growth Fund meeting, as well as a maximum loan of $250,000 with no payments or interest for the first three years, then two years of 2% interest, also with no payments, and then a balloon payment after the first five years.
Written By: Jacob Holley
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Grand Forks City Hall, 255 N. 4th St. Sam Easter / Grand Forks Herald
The Grand Forks JDA rubber stamped three items on Monday; one of which was an accelerate loan request First-i – a Grand Forks-based drone company – that has been in the works for months. ....

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Grand Forks City Council shoots down plan to phase out 'classified' department heads


Grand Forks City Council shoots down plan to phase out ‘classified’ department heads
They voted against the proposal last week, but Grand Forks City Council members on Monday formally rejected Mayor Brandon Bochenski s proposal to eventually make the head of each city department a contracted employee.
8:33 pm, May 3, 2021
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Grand Forks City Hall, 255 N. 4th St. Sam Easter / Grand Forks Herald
A week’s time and a second vote produced no new results at Grand Forks City Hall.
City Council members on Monday voted 4-3 against Mayor Brandon Bochenski’s proposal to ultimately make the head of each city department a contracted employee, rather than one whose job is spelled out in city code. Voting against the plan were council members Katie Dachtler, Bret Weber, Jeannie Mock and Ken Vein. Voting in favor were council members Danny Weigel and Kyle Kvamme, plus City Council President Dana Sande. ....

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Grand Forks County is about 50% of the way to herd immunity, but vaccine hesitancy could be a challenge


Grand Forks County is about 50% of the way to herd immunity, but vaccine hesitancy could be a challenge
The number of people in northeastern North Dakota who indicated that they were unwilling to receive a COVID-19 vaccine could shrink the figurative pool of people Grand Forks County public health workers hope to vaccinate to achieve herd immunity.
9:35 pm, Apr. 19, 2021
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The large number of people who have said they are skeptical of a COVID-19 vaccine means Grand Forks County is approaching a ceiling of sorts as public health workers seek to achieve herd immunity.
A total of 21,368 county residents have been fully vaccinated as of Friday, April 16, according to data presented to Grand Forks City Council members on Monday. That’s more than halfway to the mark that public health workers believe they need to achieve herd immunity, which would mean the virus, in effect, runs out of room to spread. ....

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Grand Forks' corporate centers have attracted a handful of suitors thus far


Grand Forks’ corporate centers have attracted a handful of suitors thus far
For years, Grand Forks leaders have anticipated selling the city s two corporate centers. A sale may be forthcoming this summer, and a handful of people have expressed an interest in buying one or both of the buildings, but city staff have yet to formalize a process for that sale.
7:00 am, Apr. 6, 2021
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Part of the Corporate Center in downtown Grand Forks. (April Baumgarten/Grand Forks Herald)
A handful of potential buyers have kicked the tires on Grand Forks’ two publicly-owned corporate centers, but city administrators still have to put together a process by which they’d evaluate offers on either or both buildings and, ultimately, sell them. ....

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