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December STAR Fund Allocates Funds for Outdoor Recreation Rental Business

Posted: Dec 16 2022

Williston, ND – The City of Williston has allocated up to $304,950 in December for several new
business ventures including a motorsports rental shop.
At the Williston City Commission meeting on December 13th, the commission allocated up to
$48,000 for Arnie’s Rentals to expand to a new location. They are currently located at 503 2nd St W, inside Arnie’s Powersports & Cycle, and have various outdoor equipment available to rent now, including an icehouse.
“The abundance of outdoor quality of life activities in and around the area have created a need
for rentals of all kinds,” said Interim City Administrator, Shawn Wenko. “Arnie’s has identified
this opportunity and we look forward to another option for residents to enjoy the outdoors in
western North Dakota.”

Other projects receiving funds were the new owners of the Holiday Inn Express and Suites and
Williston Tire Center. The hotel is planning an expansive remodel while the owners of neighboring
NAPA Auto Parts are purchasing the tire center.
All three of these projects received funds from the Flex PACE Interest Buydown program, which
utilizes funds from the Bank of North Dakota and Williston STAR Fund at a 2:1 ratio.
The Williston STAR Fund is generated by a voter-approved one cent city sales tax. Seventy-five
present of the sales tax helps off-set city infrastructure costs while the remaining twenty-five
percent assists with jobs creation, business development, and retention.

To view the full press release from Economic Development or to sign up for their weekly e-mailed newsletter about business news in the region, visit The Williston Wire. To check out Arnie's Rentals and see what they have already available for rent, check out their Facebook page!