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News : Walmart Topic Of Economic Development Meeting
Posted by Randy on 2014/6/16 10:03:54 (1421 reads) News by the same author

Trenton Economic Development Director, Ralph Boots, is asking the Trenton City Council's Economic Development Committee whether he should contact Walmart to determine whether Walmart would be interested in placing a smaller type Walmart store at Trenton.
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City Councilman, Travis Elbert, who Friday was elected the new chairman of the Economic Development Committee, asked for the topic to be tabled until it can be given more thought. Elbert remarked he'd like to get input from local business owners.

The public also may provide input, including contacting Trenton Economic Development Director, Ralph Boots, at City Hall.

Trenton Mayor, Nick McHargue, noted, even if Walmart did not locate at Trenton, some ideas might be gained by contacting that business asking it to consider Trenton.

Boots said, trends in retail, are for big box stores to downsize, partially because of the internet and costs of business. Walmart has what's called “express” and “neighborhood market stores” which are smaller than the company's super centers.

Boots indicated, unless he's asked, he does not ask a business to consider locating at Trenton if there already is a similar type business at Trenton. Therefore, Boots today asked the Economic Development Committee members whether they wish him to contact Walmart.

Discussion among the Committee Members was Walmart would bring more sales tax revenue to Trenton, but some local businesses would be harmed. Committee member,
Allan Quilty, mentioned something that's been said by others over the years---several Trenton residents can be seen at the Chillicothe Walmart store. He also repeated a remark made by others over the years---why would Walmart build at Trenton if Trenton area residents already are going to the Chillicothe store.

Economic Developer Boots said if there's opposition, there's no point of contacting Walmart to see if it would be interested in locating at Trenton, because the company
does not want to go where there's opposition.

Later in the meeting, Councilman, Jim Bush, said Trenton needs the tax revenue but he does not want to see people put out of business. Elbert agreed with that thought.

Although not mentioned at the meeting, there's been increased public discussions by the City of Trenton in the last couple of years on ways to increase revenue and find ways to cut expenses to prevent budget shortfalls and continue City services.

Also, during Friday's Trenton Economic Development Committee meeting, Boots said available labor and buildings are among factors in whether a potential employer considers a community for a possible location. He noted the building size generally sought is larger than what's currently available at Trenton.

The information came from the Annual Conference of the Missouri Economic Development Council.

Community Developer Boots was asked about the status of the proposed Farmers Market pavilion for downtown Trenton. He said $40,000 needs to be raised locally to match federal grants. Thus far, $2,500 has been pledged. Some of the $40,000 can be in-kind, such as asphalt and labor. Trenton has been allocated slightly over $55,000 for the pavilion by the Rural Development Division of the U.S. Department of Agriculture. The federal allocations are for the 2012 and 2013 fiscal years.

The Trenton Economic Development Committee also met today in closed session regarding real estate. No announcement has been made after that meeting.

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