VORP Thrift Store

VORP Thrift Store
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Sunday, April 7, 2019

April City Council meeting considers Rural King request, Radar Traffic Light controls and annexations

The schedule for the Crossville city council on Tuesday, April 9 is listed just below and there has been a lot of interest in the item near the end of the regular meeting agenda concerning the Rural King store proposed for the old K-Mart location.  

5:00 p.m. Audit Committee
5:30 p.m. Beer Board
5:45 p.m. Public Hearing (Annexations)
5:55 p.m. Solicitation Board
6:00 p.m. Regular meeting

Crossville City Hall (file photo by Jim Young)

The company has already purchased the property along with the rest of the shopping center and according to comments at the April council work session should have already taken out building permits for the work on the building last week.

Previously the council approved a request from the company to not charge the company for the permits needed for the project that were estimated at a cost of some $2,600.

The company, that sells farm and home supplies along with clothing and other items has also requested what they have called a "loan" of $300,000 that the company would not directly payback, but would be covered by the additional sales tax revenue expected from the new store.  some 50 to 60 percent of the sales tax generated by the store is estimated to come from other stores losing sales but overall the company expects to increase sales tax collections to the city.  


During the city council work session Tuesday, the council discussed the issue and council member J. H. Graham said he wanted to offer the company a payment in lieu of taxes (PILOT) program of 50% of the property tax on the building for 15 years and a $300,000 loan at 1.5% under New York prime interest rate.

In addition, the council will take up several annexation matters and a sewer line extension as well as the purchase of a new type of traffic light control system utilizing a radar system that reads when a vehicle is in the intersection.  

1 comment:

  1. I strongly object to subsidizing this company for development. They have purchased the property and made their decision to locate here. Greed is the only motivation for their request which would be unfair to the existing businesses that they will directly compete. Crossville is not some rapidly expanding city and our moderate growth should encourage more diversity in development.

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