Amazon.com land lease
The city of Grand Forks is set to renew a $1,710-a-year lease on the 77 acres off of 32nd Avenue South. It looks like that site is next to the 77 acres the city bought back in 2000 for $1.25 million. Another $1 million was spent leveling the land. City officials thought at the time that Amazon.com would locate a warehouse and distribution center here.
The lease lets the owner, Beau Bateman, continue to farm unless the city needs the land for some new company. This could come in handy if the city runs out of land in the Industrial Park.
The lease lets the owner, Beau Bateman, continue to farm unless the city needs the land for some new company. This could come in handy if the city runs out of land in the Industrial Park.
posted by Tu-Uyen at 10:51 PM
2 Comments:
$1710 a year for 77 acres for Amazon and $146,000 a year for office space in the corporate center.
Makes perfect sense to me.
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