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After boom, cities paying off growth debt

Grand Forks Herald

WATFORD CITY, N.D.—The North Dakota oil boom turned black gold into green for public and private interests over its high-flying run.

But now, leaders in Oil Patch cities that invested hundreds of millions of dollars to cope with the crush of boom activity are focused on answering questions about how to pay off the red ink of high municipal debts while anticipating future spending needs.

"The thing to remember are the challenges that happened when smaller communities had to build out infrastructure at a pace that couldn't be supported," said Gene Veeder, a member of the McKenzie County Board of Commissioners and Watford City's head of economic development. "The big 100-year projects were all built within like five years here."






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We are currently 4th generation ranchers here. It's a fun lifestyle for all of us. We know this is a growing place and my children will have more opportunities because of all that has happened here.

~ Calli Thorne





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