Rutland Community Development Corporation

The Rutland Community Development Corporation was established in 1976 to assist and encourage economic development in the Rutland community.  Shares had a par value of $50.00 when issued (Shares in the corporation are available at $50.00 each).  As the purpose of the corporation is to use available capital to assist new and existing businesses, the corporation has never paid a dividend to shareholders. In the past 39 years the RCDC has either financed or participated in financing a number of business, equipment and building acquisitions and improvements in Rutland, including:

  • Rutland Oil Co.’s self-service fuel pumps
  • Mahrer Construction’s shop building
  • Rutland Cafe
  • The old Rutland Grocery
  • The old Lariat Bar
  • Kulzer Feed & Seed
  • Alley Cuts
  • Anderson Insurance Agency (now part of Waloch-Johnson Insurance Agency)
  • Weber Ag Service
  • Lunneborg Landscaping
  • Coteau des Prairies Lodge
  • Jake’s Feed and Seed

Not all of these businesses succeeded, but it wasn’t for lack of trying.  The reason that the corporation has never paid a dividend is that all earnings have been retained for use as additional investment capital.  The RCDC works with local banks, Lake Agassiz Regional Development Corporation, the Bank of North Dakota and USDA’s Rural Development Agency to obtain the capital needed to keep the wheels of business turning in this community.  Individuals with an idea, a plan and a work ethic will find enthusiastic backing in Rutland.

The 2017 Board of Directors include:

Bryce Carlson, President
Jill Anderson, Vice-President
Katy McLaen, Secretary-Treasurer
Jake Erickson, Director
Rodney Erickson, Director
Calvin Jacobson, Director
Josh Nelson, Director

The Rutland Community Development Corporation can be reached by mail at:

RCDC
Post Office Box 124
Rutland, ND 58067

2017 Annual Meeting:  The Rutland Community Development Corporation held its 42nd annual meeting at 7:00 p.m. on Tuesday, February 21, in the Rutland Seniors Center.  The corporation’s financial report showed approximately $27,600.00 available for investment in community business and economic development projects.  The corporation’s shareholders re-elected Rodney Erickson and Katie McLaen to 3 year terms on the Board of Directors.  Shareholders also approved participation of the RCDC in the purchase of The Lariat Bar by Mike Pyle and Jeremy Becker from Bradley & Rebecca Christensen, and authorized the Board of Directors to take whatever actions are necessary to complete the transaction as soon as possible.  Mr. Nathan Berseth, a consultant with the Sargent County Job Development Authority (JDA) was on hand to discuss various financing options available to the RCDC.  He also discussed the Sargent County JDA’s housing incentive program that is aimed at increasing the number of single family residences in Sargent County while providing job opportunities for skilled workers in the building trades.  The housing incentive program is just one of the economic development projects in which the JDA is engaged.  The Rutland Community Development Corporation was organized in 1976 to assist and encourage business and economic development in the Rutland community.  Following the shareholders’ meeting, the Board of Directors met to reorganize.  Current Officers and Directors are: Bryce Carlson, President; Rodney Erickson, Vice-President; Katie McLaen, Secretary/Treasurer; Jill Anderson, Director; Jake Erickson, Director; Josh Nelson, Director; and, Calvin Jacobson, Director.

2016 Annual Meeting: The Rutland Community Development Corporation (RCDC) held its annual meeting on the evening of Monday, January 25, 2016, at the Rutland Seniors Center.  The financial report indicated that the corporation currently has one loan outstanding and approximately $23,000 cash on hand that is available for investment in local projects.  The current shortage of available single-family housing in the community was discussed, and shareholders gave the directors a green light to encourage the development of housing in the community.  The RCDC was established in 1976 to encourage and assist economic development and business growth in the Rutland community.

  • Upcoming Events

    1. Ambulance Breakfast

      January 28 @ 8:00 am - 1:00 pm
    2. Pinochle Tournament

      February 3
    3. Biscuits & Gravy Breakfast

      February 4 @ 8:00 am - 1:00 pm
    4. Council Meeting

      February 5 @ 5:00 pm - 6:00 pm
    5. RCDC Annual Meeting

      February 5 @ 7:00 pm - 8:00 pm
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