PIERRE The Governors Office of Economic Development Board of Economic Development and the Economic Development Finance Authority acted at this months meeting, approving an up-to $55 million bond and a $155,000 loan. The financing for these two projects reflects a capital investment of nearly $191 million and will bring a projected 102 full-time jobs to South Dakota.
Riverview LLP of Kingsbury County requested a Livestock Nutrient Management Bond issue for up to $55 million in qualified tax-exempt expenses for the purpose of acquisition, site preparation, and solid waste management for their dairy operation. Kingsbury County Dairy will be home to 15,000-20,000 milking cows and will add a projected 100 full-time employees.
SWAT Properties LLC of Yankton was approved for a SD Works loan of $155,000.
Funding will help with construction of a new facility for SWAT Chiropractic and Rehab, housing clinic and gym space and allowing for future expansion. This clinic will add a projected two full-time employees.
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