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Park seeks continued city support

Posted: Thursday, Mar 21st, 2013

Growth Partnership Chairman Jay Bender (left) and Dwaine Chapel, executive director of the Research Park at South Dakota State University, listen intently during questioning by councilors at Tuesday’s city council study session. The two updated the council and fielded questions on Research Park issues. Shown behind the men are BMU’s Steve Meyer and Laura Julius, who also spoke to the council. Photo by Ken Curley/Register

• Councilor grills research park leaders on city’s $150,000 contribution

BROOKINGS – Councilor Jael Thorpe’s question was friendly, but she got straight to the point: “How long will the Research Park require the city’s financial involvement?”

“I like the direction you’re heading,” Thorpe told Jay Bender and Dwaine Chapel, “but when does the subsidy stop?”

Bender, who heads the Growth Partnership, parent organization for the Research Park at SDSU, gave an equally straightforward answer:

“We’re projecting seven to 10 years, at which time there should be enough rental income to reduce our requests. The short and the long answer, Jael, is that at this moment we need your help.”

For the complete article see the 03-21-2013 issue.

Click here to purchase an electronic version of the 03-21-2013 paper.

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