- Associated Press - Sunday, May 22, 2016

BISMARCK, N.D. (AP) - The Bismarck Vision Fund Committee is discussing changes to its fund guidelines to offer more options for community projects.

Vision Fund Chairman Brian Eiseman tells the Bismarck Tribune (https://bit.ly/1Xmriyz ) that revisions could slightly open the door to more projects by removing the requirement of primary sector job creation that has exempted service businesses from eligibility.

The $2.5 million Vision Fund was founded in the 1980s to provide financial assistance to new or expanding businesses. Its goal is to create jobs, increase capital investment and expand the tax base.

Eisman says the program will still be about job creation, but not necessarily primary sector jobs as defined by the state.

Bismarck-Mandan Development Association President Brian Ritter says the committee is revisiting the guidelines after years of no changes.


Information from: Bismarck Tribune, https://www.bismarcktribune.com

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