Hooters of Fargo changing location
Hooters of Fargo plans to move from its current location at 1649 38th St. S. to the former Ponderosa Steakhouse at 3431 Fiechtner Drive. Starmark Hospitality submitted a permit application to the city of Fargo to construct a new restaurant facili...
Hooters of Fargo plans to move from its current location at 1649 38th St. S. to the former Ponderosa Steakhouse at 3431 Fiechtner Drive.
Starmark Hospitality submitted a permit application to the city of Fargo to construct a new restaurant facility at the Fiechtner Drive site.
The project title is Hooters of America-Fargo. A waitress who answered the phone this week at Hooters said the restaurant is moving to the former Ponderosa Steakhouse location around Labor Day.
Starmark Hospitality is listed on the city permit application as the owner of the project. It owns the North Dakota territory for the Hooters franchise and plans to open Hooters restaurants in Bismarck, Grand Forks and possibly Minot, according to a story in the Bismarck Tribune.
Plasma center to open in Moorhead
BioLife Plasma Services is celebrating the grand opening of its Moorhead location Wednesday.
The facility at 2960 12th St. S. will have a ribbon-cutting at 11:30 a.m. followed by tours and lunch from noon to 2 p.m.
BioLife Plasma Services, part of Baxter Healthcare Corp., also owns a center in Fargo. The growth and success of the Fargo center led to the construction of the 15,000-square-foot Moorhead facility.
This is the first time the company has built two centers so close together.
Grain assessment to be phased out
Beginning July 1, farmers and others in North Dakota who sell grain on credit-sale contracts no longer will be charged an assessment for the state Credit-Sale Contract Indemnity Fund.
The assessment is two-tenths of 1 percent of the value of the grain sold. The fund was created by the 2003 Legislature to provide partial protection for credit-sale contracts if a grain elevator or grain buyer becomes insolvent. Such contracts provide for payment more than 30 days after the delivery or release of the grain for sale.
The fund already reached its $6 million cap, but state law requires assessments to continue through June 30, the end of the current quarter.
If the fund drops below
$3 million, the assessments would be reactivated until the fund returns to $6 million, according to the North Dakota Public Service Commission.
The commission will send notices to licensed grain buyers telling them to stop the assessments July 1.
Readers can reach Business Editor Craig McEwen at (701) 241-5502 and business reporter Tracy Frank at (701) 241-5526