The city of Devils Lake will get a new industrial park, following a measure approved by the city commission to accept a purchase agreement for a parcel of land.
Chris Schilken, executive director of Greater Devils Lake Corporation, who reported the agreement to the city commission at its Monday night meeting, said the land is northeast of the Lake Region grain elevator.
The land will be purchased gradually over 10-year period for a total of 131.43 acres. Schilken stressed that the key feature of the land is that it has rail access, something the city's current industrial park doesn't have.
He said rail access could be key in attracting new business to the area, and noted that the city's current industrial park does not have rail access.
“Before there were businesses we couldn't even talk to because of the rail access issue,” Schilken said. “This purchase could open up doors for us.”
Schilken also reported on an agreement for Ramsey National Bank to provide a line of credit to Ultra Green Packaging, Inc., to conduct a North Dakota New Jobs Training Program through Job Service North Dakota. The program provides training for new and expanding businesses.
Mack Traynor, CEO of Ultra Green Packaging, which has established a straw pulp manufacturing and molding facility in Devils Lake, recently told the city commission that the company plans to hire approximately 150 employees by this time next year and that the local annual payroll in 2013 will be approximately $3.7 million.
Although this type of program has been conducted in other cities, it will be the first for the city of Devils Lake.
The city moved to accept the agreement and also approved funding for the Greater Devils Lake Corporation for the second half of the year at $16,425.
In other business, the city moved to to make an offer on property just west of city hall, with plans to add additional storage space and provide opportunities for expansion in the future.
The next city commission meeting is Monday Dec 17 at 5:30 p.m. For more information visit http://www.dvlnd.com/