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Buena Vista trustees agree to continue talks with Kroger on tax‑sharing for proposed City Market relocation
Summary
Trustees voted to continue negotiations with Kroger after the company outlined a proposed relocation and a request to share incremental sales tax to cover a roughly $1.6 million project gap. Staff were asked to analyze fiscal impacts, housing and effects on local businesses.
Buena Vista trustees voted Tuesday to continue negotiations with Kroger over a proposed relocation of its City Market store and a request that the town share a portion of incremental sales tax to help close the project’s funding gap. The board directed staff to pursue financial details and return with analysis of impacts on town revenue, local businesses and housing.
The discussion centered on a Kroger presentation by Jose Cervantes, identified as the company’s real estate asset manager, who said the company is proposing to relocate its existing 20,000‑square‑foot Buena Vista store to a new site on the northwest corner of Crossman Avenue and Highway 24 and build “roughly [a] 60,000 square foot store.” Cervantes said the project would add…
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