The purpose of the Sutherland Economic Development Board is to encourage business and industry to locate in the City and surrounding areas.
The Sutherland Economic Development Board meets the last Wednesday of every month in the Meeting Room of the RL Johannsen Center at 6:00 p.m.
The current Board members are as follows:
Paul Hibbing – Hired Gun Trucking
Chase Cox – Councilmember
Joe Sweeney – Resident
Jim Johnson – Security State Bank
Sharon Litka – Main Market/Hometown Variety Owner
Joyce Zubrod – Zub’s Shop, Co-Owner
Walter Kummerfeld – Q-Wash Owner
Sharon Flinders – Flinders Tax & Accounting Solutions LLC 712-446-3749
Johanna Homan – Councilmember
Doug Sweeney – Sweeney Farm & Home Center
Guidelines for purchase of land in Industrial Park
- Buyer pays all legal costs to satisfy transfer of land. There will be no cost to the City of Sutherland.
- All City zoning and ordinances must be followed.
- Must have a business sign, and will need to be approved.
- The land will be sold for $1.00 if all guidelines are met.
- There will be a minimum assessment agreement filed with the County Assessor.
- The minimum assessment value will be determined on a $100,000 assessment per 1 acre of land. [Example: a lot of 240 ft X 160 ft is 88% of an acre. Minimum assessment would be 88% of $100,000 which equals $88,000 minimum assessment value.]
- There will be no time frame of years for minimum assessment value.
- The minimum assessment value will be transferable with land sales.
- If there are no capital improvements within three (3) years after sale of land, the land will be deeded back to the City of Sutherland at seller’s cost.
- Buyer of land will be responsible to pay for water and sewer hookup from City main and gas and electric connections from the nearest location.
Store Front Improvements Loan
The improvements are only for the front exterior of the property owners building. Applications are due before project starts. Only one improvement loan will be issued per business owner and loans are limited to 3 businesses per fiscal year (July 1 – June 30)
A forgivable loan is offered to all property owners operating a business within the Sutherland area and their business is open for more than 20 hours per week. If they go out of business or sell, the original borrower must repay the balance. Offer cannot be combined with other city incentives.
A repayment loan is offered to all remaining property owners not open for business for more than 20 hours per week within the Sutherland area.
The maximum loan amount is $2,000 per property owner.
The Owner has to pay 25% of total cost and SED will loan 75% up to maximum loan amount. Owner is required to submit receipts to the SED by June 30th.
Terms of repayment will be amortized over 10 months per thousand borrowed at 0.0% rate for forgivable loan and 5.0% rate for repayment loan. Example: $1,000 borrowed=10 months or $2,000 borrowed=20 months.
A $35.00 application fee is needed along with the application. The fee is refundable if loan is not approved by SEC.
**Click for PDF Store Front Loan Application
SPRUCE UP SUTHERLAND – Applications will be accepted until May 31, 2020.
A pleasant community appearance adds to home values, helps attract business investment and improves the community’s reputation. Research shows that beauty is one of the top three factors in creating community attachment, or loyalty, to your particular town or city.
We understand that improving your property can often be too great of a financial burden to undertake on your own. With this in mind, The City of Sutherland and Sutherland Economic Development are excited to continue the Spruce Up Sutherland program.
After completing a brief application describing your property and the proposed project, submit your application to City Hall by May 31st The committee will notify those that are approved by no later than June 10th.
If approved, the City and Economic Development will reimburse you after you complete necessary painting, installation of house siding and soffit, or removal of a house that is beyond repair. Financial assistance is available for up to the following amounts: House Painting $300; House Siding and Soffit $2,500; Removal of House $2,500. The project must match the project submitted on application and must be completed with receipts turned into City Hall by October 31, 2019.
Please call Sutherland City Office at 446-2243 for more information on the Spruce Up Sutherland program or simply complete the application below and drop off at the City Drop Box by May 31st.
Please consider taking advantage of this valuable opportunity to improve the appearance of your property and we sincerely thank you for your investment in your community.
County Economic Development
PO Box 616, 160 S. Hayes
Primghar, Iowa 51245
We are a private, nonprofit organization incorporated for the purpose of promoting economic development in O’Brien County.
We treat your business matters confidentially. If you are looking to start a new business or expand an existing business, meet with us to share thoughts and ideas. We will work together to make your business ideas come to life.
We are a designated Enterprise Zone with benefits available for business development and we have Gap Financing to assist you financially with your project.
O’Brien County can help with all kinds of loans and financing options.
For more information please contact:
Kiana L. Johnson, Executive Director