1. sports
2. fishing

table of contents
Letter from the Executive Director.......................................................................................................................1
Public vs. Private Investment..............................................................................................................................2
Sales Tax Collections..........................................................................................................................................3
Devils Lake Community Profile...........................................................................................................................4
Facade Improvement Program............................................................................................................................5
Flex PACE/PACE Program.................................................................................................................................6
Multi-Family Housing Program............................................................................................................................7
Mini-Grant Program.............................................................................................................................................8
Renaissance Zone Program................................................................................................................................9
TrainND Program..............................................................................................................................................10
Ongoing Efforts.................................................................................................................................................11
Board of Directors.............................................................................................................................................12
Forward Devils Lake Members..........................................................................................................................13
Individual Members...........................................................................................................................................14
how do you describe
ONE YEAR?
One year has more descriptions than most of us have
considered. In rudimentary terms one year has 365
days, 8,760 hours, or 525,600 minutes. From a global
perspective one year can be defined by the amount of
change that has taken place in our community.
During the 365 days of 2014, Forward Devils Lake
approved four Façade Improvement projects, one Mini
Grant, eight Multi-Family Housing projects, and three
Flex Funding projects; a total investment of $580k into
Devils Lake. In addition to the programs that Forward
Devils Lake offers there were ten other projects on
FDL’s agenda.
Looking at what the 8,760 hours in 2015 will bring. FDL
will be focusing on housing and daycare while continuing
to promote the programs that are offered. Daycare and
housing are essential to workforce development. We
will continue efforts with American Dakota Refinery with
hopes that there will be 100 new families relocating to
the Lake Region in the near future.
If Devils Lake did not have the dedicated and successful
business leaders that we do, we would not be discussing
the forward projection that next year brings. For that
I would like to thank each person that has supported
Forward Devils Lake over the years. You are supporting
what our mission stands for; to foster and develop
existing and new business and industry in the Lake
Region. It is because of you that we are successful.
We are eager to experience the next 525,600 minutes
with you. Let’s make 2015 worth talking about!
Rachel Lindstrom, MBA
Executive Director
FORWARD DEVILS LAKE 2014 ANNUAL REPORT 1
public vs. private investment 2010-2014
City of Devils Lake
Building Permits
$100,136,116
sales tax collections 2010-2014
$3,500,000
Forward
Devils Lake
Investment
$2,992,784
$3,000,000
$2,500,000
2
$3,105,882
$3,097,986
$2,999,144
$1,000,000
$2,831,977
$1,500,000
$2,705,601
$2,000,000
2010
2011
2012
2013
2014
FORWARD DEVILS LAKE 2014 ANNUAL REPORT 3
devils lake community profile
4
facade improvement program
Population.......................................................................................7,256
Median Age..........................................................................................40
Total Housing Units.........................................................................3,515
Occupied Housing Units........................................................85.4%
Education (Age 25+)
No High School Diploma........................................................11.8%
High School Diploma or Equivalency.....................................28.5%
Some College, No Degree.....................................................25.4%
Associate’s Degree................................................................13.3%
Bachelor’s Degree.................................................................16.5%
Graduate/Professional Degree................................................4.5%
Income
Median Household..............................................................$48,604
Per Capita...........................................................................$43,229
Individuals Below Poverty Level............................................12.1%
Employment Status (Age 16+)
Employed...............................................................................70.6%
Unemployed.............................................................................3.9%
Government Workers.............................................................24.2%
Work at Home..........................................................................9.6%
Commuting Time........................................................................11.7 min
Occupation
Management, Professional & Related...................................32.3%
Service...................................................................................20.2%
Sales & Office........................................................................25.3%
Construction, Extraction & Maintenance................................10.8%
Production, Transp. & Material Moving..................................11.4%
largest employers
average wages
1. Devils Lake Public Schools
2. Lake Region State College
3. Lake Region Lutheran Home
4. Leevers Foods
5. Mercy Hospital
6. Summers Manufacturing
7. Nondisclosable
8. The Mentor Network
9. Good Samaritan Center
10. City of Devils Lake
1. Williams County......................................................................$80,704
2. McKenzie County...................................................................$73,528
3. Oliver County..........................................................................$72,956
4. Dunn County..........................................................................$72,592
5. Slope County..........................................................................$69,836
6. Mountrail County....................................................................$68,848
7. Stark County...........................................................................$66,144
8. Mercer County........................................................................$61,360
9. Divide County..........................................................................$57,668
10. Burke County........................................................................$53,716
Statewide............................................................................$48,672
Ramsey County..................................................................$35,308
*2009 American Community Survey 5-year Estimates,
U.S. Census Bureau, except as noted.
Facade Improvement Program Guidelines
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$5,000, $7,500 or $10,000 interest free loan
Loans to be paid back minimum $100, $150, or $200 depending on the loan amount per month until paid in full
Payback is 50 months
Loan money received is put back into the fund to keep it revolving
Fund will be administrated out of the Forward Devils Lake Office
There will be an application process which will include proposed drawings, before pictures, building permits, etc.
before loan is approved for the business
Check with City Building Authority
Check with Devils Lake Historic Preservation Commission
Materials must be purchased locally if possible
Money to be disbursed on completed and agreed upon plans
Available to any business within City Limits
FORWARD DEVILS LAKE 2014 ANNUAL REPORT 5
Flex pace program
multi-family housing program
The PACE family of programs at BND is designed to encourage specific types of economic activity within the state of
North Dakota. In general terms, PACE provides an interest buy down that can reduce the borrower’s rate of interest
by as much as 5%.
The Flex PACE feature of the PACE program provides interest buy down to borrowers that do not fit into the traditional
definition of a PACE qualifying business. Under Flex PACE, the community determines eligibility and accountability
standards. Flex PACE allows communities the ability to provide assistance to borrowers with a business focus or need
outside of the current requirements of PACE, such as jobs retention, technology creation with no new jobs, retail,
smaller tourist businesses and essential community services.
Jobs Qualification - Job creation is not a requirement of Flex PACE, but jobs will be tracked for informational purposes.
Flex PACE Funding - The cumulative amount of PACE funds available per biennium under Flex PACE to a North Dakota
community or an individual borrower will be determined by the Bank’s Investment Committee. BND will provide up to
$100,000 of Flex PACE funds for regular projects and up to $300,000 for Licensed Child Care Projects.
pace program
Borrower - The borrower can be any person or entity whose business is in manufacturing, processing, value-added
processing and targeted service industries. Targeted service industries are businesses involved in data processing,
telemarketing, telecommunications, major tourist attractions, holding companies involved in leasing assets to entities
otherwise defined as a PACE qualified business, and all other service companies and wholesalers that generate 75%
or more of their sales outside of the state of North Dakota.
A holding company may qualify provided the benefit of the PACE buydown flows through to the lessee. The lessee will
be responsible for satisfying the job creation requirements of the program. If no less than 40% of the space is used
by the PACE qualified business, the entire requested loan amount for the facility will be deemed as a PACE qualified
project, subject to all other requirements of the program.
Loan Limit - There are no maximum loan parameters for borrowing under this program.
Use of Proceeds - The proceeds of a loan may be used to purchase real property, equipment and certain working
capital requirements. The program cannot be used to refinance any existing debt or for relocation within North Dakota.
Job Creation - The borrower shall demonstrate that within one year there will be a minimum of one job created and
retained for every $100,000 of total loan proceeds. Otherwise, the interest buydown will be prorated to reflect any
partial fulfillment.
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Multi Family Housing Incentive Program
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The fourth round of incentive has allocated $250,000 from the growth fund to participate in the FLEX Pace
Buy Down program through the Bank (Interest Rate Buy-Down)
The max any developer would receive from FDL would be $50,000 (Loan)
Bank of ND would contribute $100,000 per project (Grant)
Total available buy down per developer is $150,000
The local share would be paid back to FDL after the original loan is paid
Payback of FDL money is over 5 years at 0%
FDL would have a second mortgage or lien
Development must be within City Limits
Total development must be 4 units or larger
FORWARD DEVILS LAKE 2014 ANNUAL REPORT 7
mini-grant program
renaissance zone program
FDL offers small grants to primary sector businesses (which includes tourism) that have their headquarters in the Lake
Region. Mini-grants can be utilized for research and development, business plans, marketing plans, feasibility studies,
marketing tasks and patent fees. Project requests not directly benefiting a for-profit business will be referred directly to
the Growth Fund and Devils Lake City Commission.
The Renaissance Zone is a development program to help rebuild Devils Lake downtown area in an effort to maintain
historic attractiveness.
Tax Incentives
Income Tax Exemptions & Credits
• An individual taxpayer who purchases or rehabilitates a single family residential property for their primary place of
residence is exempt from up to $10,000 of personal income tax liability.
• Any taxpayer that purchases, leases, or rehabilitates residential or commercial property for any business or investment
purpose is exempt from any tax on income derived from the business or investment location.
Property Tax Exemptions
• A partial or complete exemption from ad valorem taxation on single-family residential property for five years, excluding
the land value, if the property was purchased or rehabilitated by an individual for the individual’s primary place of
residence.
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FORWARD DEVILS LAKE 2014 ANNUAL REPORT 9
train nd program
ongoing efforts
Forward Devils Lake and TrainND have collaborated over the past six years to provide Professional Development and
Computer Training to Forward Devils Lake members, and non-members in the Lake Region. As a benefit of membership,
Forward Devils Lake members are complimentary or reduced price, and non-members pay a nominal fee.
City of Devils Lake Commission Meetings
Ramsey County Commission Meeting
Devils Lake Regional Partnership
North Dakota Department of Commerce
Economic Development of North Dakota
Rotary Club
Devils Lake Chamber of Commerce
Devils Lake Convention & Visitors Bureau
Lake Region State College
Devils Lake Regional Airport
UAV Developments
Wind Farm Developments
Greater North Dakota Chamber
Military Affairs Committee
Lake Region Technology Entrepreneur Center
TrainND
Marketplace for Kids
Devils Lake Centers
Devils Lake Industrial Park
Renaissance Zone Committee
Relocation Committee
Community Development Corporation
Beautification Committee
Since 2009 there have been 537 individuals that have participated in the various trainings. Many have attended more
than once for a total of 775 participants and 139 businesses. The program has had an overall satisfaction rating of 99%.
In addition to the various computer trainings, other training topics have included: Communication, Conflict Resolution,
Customer Service, Generations, How to Solve Problems So They Stay Solved, Leadership, Management, and Team
Building to list a few.
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FORWARD DEVILS LAKE 2014 ANNUAL REPORT 13
2014 board of directors
Guy DeSautel – President
John Nord – Vice President
Wade Schwan – Past President
Jay Klemestrud
Richard Volk
Tom LaMotte
Tom Wade
Brett Johnston
Al Freidig
Barry Gage
Dave Dircks
Fran Leiphon
Tim Greene
Shannon Teigen
Renard Bergstrom
Mayor Richard Johnson – City Representative
Myrna Heisler – County Representative
Terry Johnston – City Administrator
14
2014 forward devils lake members
Altru Clinic - Lake Region
American Bank Center
AmeriPride Linen & Apparel Services
Bergstrom Auto Management
Bremer Bank
Britsch and Associates
Citizens Community Credit Union
Construction Engineers
Devils Lake Glass & Paint Co., Inc.
Devils Lake Public Schools
Edward Jones
Farmers Union Oil Company of DL
Fireside Inn & Suites
First Financial Center
Gilbertson’s Funeral Home
H. E. Everson
Highway Two Storage
Hoiberg’s Office & Printing Center
Holiday Inn Express
I.F. LaFleur & Sons, Inc.
Jerome Wholesale, Inc.
Job Service of North Dakota
Klemetsrud Plumbing & Heating Co.
Lake Region Corporation
Lake Region Grain Corp.
Lake Region Sheet Metal, Inc.
Lake Region State College
Leevers Foods, Inc. - South
Leevers Foods, INC.
Mercy Hospital
Metroplains
Montana-Dakota Utilities
Nodak Electric Cooperative, Inc.
North Central Granite
North Central Planning Council
North Dakota Telephone Company
Northern Plains Railroad
Otter Tail Power Company
Ramsey National Bank & Trust Co.
Real Estate “7”
Schwan Wholesale Co., Inc.
Slumberland
St. Michael Furniture
Summers Manufacturing Co.
Tecta America Dakotas, LLC
Traynor Law Firm
US Bank Corp.
Vocational Rehabilitation Consulting
Ihry Insurance
Western State Bank
White House Cafe
Wired Cellular
Woodland Resort, Inc.
INDIVIDUALS
Dale Dinger
Ray & Bev Horne
Richard Kunkel
Chuck Soderstrom
Mike Connor
Rodger Haugen
PO Box 879, 208 Highway 2 West
Devils Lake ND 58301
701.662.4933
devilslakend.com