Market Place Family Foods would be sited on the corner of Adams Avenue and Fourth Street, in the building formerly occupied by Blockbuster.
District manager to enter talks for agreement
The Urban Renewal Agency approved moving to the next step in the process to aid applicants wanting to establish a grocery store on the corner of Fourth Street and Adams Avenue.
On a 4-3 vote Wednesday night, agency members authorized District Manager Robert Strope to enter negotiations with parties of Market Place Family Foods.
Developer Al Adelsberger and grocer Troy Berglund seek to establish the store in the building previously occupied by Blockbuster and have requested $500,000 in Urban Renewal assistance. The funding, if approved, would come in the form of a loan that could be converted to a grant if certain criteria are met.
Discussion Wednesday night centered on what agency members would like to see in the agreement in addition to a draft that was provided by staff.
Over a five-year period, the grocery store would be required to maintain 10 full-time jobs at $15 an hour and five part-time jobs, according to a draft outlining requirements. The store would be required to be open at least five days a week for 52 weeks a year for five years, and construction would have to begin no later than March 1, 2015, with the store open by Aug. 31, 2015, according to draft recommendations.
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