JSDC board approves Flex PACE interest buydown for i3G Media

JSDC board approves Flex PACE interest buydown for i3G Media

JAMESTOWN — The Jamestown/Stutsman Development Corp. Board of Directors unanimously approved on Monday, Nov. 9, a Flex PACE interest buydown for about $54,000 that will directly finance i3G Media's asset purchase of Chesterman Communications. We are just waiting for the FCC approval to get this to the finish line. i3G Media, headquartered in Valley City, North Dakota, is purchasing Chesterman Communications, which includes KSJB (600 AM), KSJZ (…