Tax Incentive Back on the Docket for Wal-Mart in Northern Starkville
A proposal to add a tax increment, which was shot down several months ago, will be back on the Agenda for the Starkville Board of Aldermen in a couple of weeks. The intention is to provide money to help set up proper infrastructure and other construction-related costs to allow a new Wal-Mart to be built on the North side of Starkville, which has gone without a convenient option for grocery shopping for decades. A number of elderly residents seem to welcome the idea of a new store, even if it means higher taxes – and, if it works, it could help to bring in other stores, as well…And That’s Good for Business!
STARKVILLE, Miss. (WCBI) –
A proposed Neighborhood Walmart store in Starkville will be back on the board of aldermen’s agenda when they meet again. If they approve the project, there would be a $1.3 million dollar tax increment to finance it.
A twenty-minute trip to the grocery store may not seem long, but resident June Carpenter says it is for most elderly. For 50 years, Carpenter has lived in Starkville, and has spent most of her time living on the northeastern side, where there hasn’t been a near by grocery for decades. She stated, “Really, I don’t like the idea of paying the TIF, but the problem is the city leaders have paid the TIF to have businesses on the west side of town, so now it’s time for them to equal it out, and pay the TIF to have stores on our side of town.”
Alderwoman Lisa Wynn says the town needs Walmart, more than Walmart needs Starkville. That’s why the city needs to prepare to provide some tax incentives: “The soil is not of good quality, it would have to be removed. We’re talking about construction of a street. The sewer would have to be developed in that area. Smaller businesses wouldn’t be able to afford that, and even if a developer were to come in and want to do it, I can assure you he will be asking us for TIF also.”
The project will be brought up again for discussion on November 15th.
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