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Published January 22, 2014, 09:05 AM

ND county examines tax breaks for CHS fertilizer plant

The Stutsman County (N.D.) Commission established a committee to begin negotiations with CHS Inc. regarding assessment and possible tax breaks for its nitrogen fertilizer plant.

By: Kari Lucin , Forum News Service

The Stutsman County (N.D.) Commission established a committee to begin negotiations with CHS Inc. regarding assessment and possible tax breaks for its nitrogen fertilizer plant.

The plant’s cost has been estimated at between $1.2 billion and $1.8 billion. On its application, CHS stated the plant would employ 160 people at an average wage of $85,000, plus benefits averaging $24,000 a year.

“Right now they don’t know what the taxable value will be and we don’t know what it’ll be,” says Casey Bradley, county auditor and chief operating officer, adding that this will begin that process.

Voting members of the committee will be Bradley, Tax Director Dustin Bakken, and commissioners Dave Schwartz and Denny Ova.

Nonvoting members will include a representative of Spiritwood Township, a representative of Barnes County North School District and a representative of Jamestown Rural Fire Department.

Any agreement made by the committee will be subject to the approval of the Stutsman County Commission.

The group will negotiate both the amount or percentage of property tax exemption, as well as when the exemption will occur.

According to Bradley, CHS has consultants working on a proposal for tax breaks.

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