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Article: Wal-Mart drops plan for Inver Grove Heights; Retailer to redesign, resubmit proposal.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- July 23, 2002
- Author:
CopyrightCOPYRIGHT 2002 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kavita Kumar; Staff Writer
CORRECTION PUBLISHED 07/27/02: This article incorrectly reported that Inver Grove Heights Mayor Joe Atkins said a Wal-Mart store would have brought in $7 million to $7.5 million in taxes. Atkins said Wal-Mart's proposal, which was voted down by the city council, would have utilized 177,000 square feet of the available land and transferred an additional 74,400 square feet to untaxable permanent open space. That would have eliminated $7 million of potential property tax income, he said.
Wal-Mart withdrew its proposal for a store in Inver Grove Heights late Monday after it appeared clear that the retailing giant did not ...