| |
from the February
2004 newsletter
We’re
moving to the building at Fifth and Washington Streets where
Garts is now located.
The Co-op
will begin demolition and renovation in February at the new site
at 105 East Fifth Street. That building began as a Safeway in
1960. The building, with 15,000 square feet, is twice the size
of the Co-op’s current location. The move will be completed
in August.
The costs
associated with the move, including major renovation of the building,
new equipment and products, are expected to total about $1 million.
The bank financing has been secured and the Co-op has begun a
community loan program to raise $350,000 in loans, as well as
donations and paid-in-full memberships of approximately $15,000,
from local individuals and families. Loans will earn from 4 to
6 percent interest, depending upon the amount of the loan. Former
Co-op general manager MaryJo Knowles will coordinate the community
loan program.
|
|
