The City of Moscow Mills just added to its growing tax base by completing the sale of approximately 1.6 acres of city property to Dollar General Stores.
The property, located between the Moscow Mills Community Building and Lincoln County Fire District House #2 on Route C, was sold. The check for the purchase of the property will be placed into the city’s general revenue fund.
“This presents all kinds of positive items for the city,” said Mike Clynch, Moscow Mills mayor.
“First, we expand our tax base with a new commercial business. Secondly, we have a retail outlet that will be generating sales tax revenue for the future,”
When completed the store will represent a large retail investment in the city. According to Clynch, some of the revenue from the sale will be used toward necessary items for the new city hall.
“We hope to soon have new flag poles and a city hall sign visible from Highway 61,” he said.
The city will be taking bids soon on the purchase and installation of the flag poles and necessary lighting to keep them visible 24/7.
In addition to the flag poles and exterior lighting, bids will also be sought for new windows. The mayor said that the building has 17 windows that need to be replaced in the older section of the building. The four larger windows in Police Chief Terry Foster’s Office also are in need of replacement.
“When you hear wind blowing through the windows, that means replacement is needed and justified,” said Clynch.
The city is hopeful that this is just the start of new, outside investment. “Given the improving economy, we are expending a lot of energy on business recruitment for Moscow Mills,” said Clynch. “We want people, both residents and outsiders, to see our city as an exciting and great place to locate a business.”
A ground breaking for the new store will be announced in the coming weeks.