Download a copy of the REED Fund Brochure [PDF]
Electric co-ops celebrate 10 years, 160 economic projects in region
Board Members
City of Luverne Economic Development Authority
Contact: Jill Wolf
The City of Luverne Economic Development Authority constructed a facility that now houses Continental Western Group. Continental Western Group is a leading provider of commercial insurance services and expertise to a wide range of businesses through out the Midwest and Pacific Northwest utilizing the independent agency system. Continental Western Group is a member of W.R. Berkley Corporation, recognized as one of the most respected names in the property casualty insurance industry.
LAIC
Contact: Dwaine Chapel
Lake Area Improvement Corporation used financing to construct the Heartland Technology Center. The Tech Center provides office space to technology businesses.
Madison Farmer's Elevator
Contact: Mark Stoller
Madison Farmer's Elevator used financing to assist in the construction of a new grain elevator facility located in Ramona, South Dakota.
Rutland School District 39-4
Contact: Carl Fahrenwald
The Rutland School used loan funds to help finance the purchase of electronic equipment and to remodel a classroom for distance learning. This was done in the spring of 1997 with a consortium of seven other schools (East Central Interconnect). Supt. Dalton Williams prophetically characterized the project at the time of the application as "having many exciting possibilities for the future of the Rutland School and our students. With technology changing so fast, it's hard to realize all the possibilities." The project has indeed grown countless opportunities for students, though the independence of the original ECI schools has been traded for full participation in the now state wide video conference system called the Digital Dakota Network.
Southridge Feedyard, LLP
Contact: southr@itctel.com or flheg@itctel.com
Southridge Feedyard, L.L.P. used loan funds to construct an enclosed cattle-feeding facility near Elkton, SD.
The Birds Nest, Inc.
Contact: Brian
The Bird's Nest, Inc. is a hunting lodge and pheasant guide business located in Winfred, SD. The Bird's Nest offers a unique private get-away less than an hour away from Sioux Falls, SD. When you use our lodge and hunting services, you will see only who you want and still have the ability to jump back into civilization when you want! From the moment you arrive, Ron and Brian Hodne show you why The Bird's Nest is a step away from civilization into a hunter's paradise. With over 1300 acres of hunting ground ranging from milo to sorghum to CRP, shelterbelts, riverbottoms, and grasslands. You'll be sure to bag your limit in the prime habitat that The Bird's Nest provides. While visiting The Bird's Nest, hunters will stay at the rustic lodge located on the property. The lodge provides a relaxing retreat complete with campfire, horseshoes, volleyball, picnic area, & TV.
Rural Electric Economic Development | 211 S Harth Ave.| Madison, SD | (605) 256-4536
Reed is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write:
USDA, Director, Office of Civil Rights, 1400 Independence Avenue SW, Washington DC 20250-9410
or call 800.795.3272 (voice) or 202.720.6382