Dominic O’Dierno, Asset Manager for Cypress Development, LLC and signatory to the MAGIC Fund application for an additional $2.5 million in funding for the City of Minot’s embattled downtown parking garages, is presently under sanctions by the U.S. Securities and Exchange Commission for his involvement[...]
Tag: MAGIC Fund
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Cypress Development Requests $2.5 Million from MAGIC Fund for Completion of Parking Garage
Cypress Development, the lead developer behind the embattled downtown parking garages has requested an additional $2.5 million dollars from the MAGIC Fund to complete the project. Here are the details from the agenda for next week’s MAGIC Fund screening committee meeting. View[...]
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MADC Working on NE Industrial Park Expansion
The infrastructure is coming together, the next phase is to fill the NE Minot industrial park up with businesses that need a quality workforce and access to a rail system that will get them to market. [...]Read More... from MADC Working on[...]
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East Grand Forks Files Insurance Claim Over Economic Development Loan
The City of East Grand Forks has filed an insurance claim in hopes of recovering a $510,000 loan made through the economic development association. [...]Read More... from East Grand Forks Files Insurance Claim Over Economic Development Loan