Green Township trustee Dale Jernstadt could recognize a tidy personal profit if Gotion Inc. moves forward with building a portion of its controversial battery manufacturing plant on land he owns.
Mecosta County property records show Jernstadt took out a $180,000 mortgage on the 72-acre parcel in 2012. In September 2021, he sold the development rights for the property to the Michigan Department of Agriculture and Rural Development through December 2027. As a result, he must receive a waiver to sell the property for any use other than agricultural.
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