Retail Success: Aldi to locate in Wetumpka, AL
Wetumpka approves contract with ALDI
By Gabrielle Jansen ~ Jun 5, 2019
The Wetumpka City Council unanimously authorized Mayor Jerry Willis to execute project development agreements with ALDI on Monday night.
The council voted 4-0 to approve a project development agreement promoting economic development and a limited obligation certificate of indebtedness connected to the project.
Before voting, the council held a public hearing about the agreements which lets ALDI, a grocery and general merchandise chain, and an unannounced restaurant development space get half the city’s sales tax revenue from the businesses.
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We are happy for our client Wetumpka, AL who will be getting an Aldi soon!
Congratulations to the City, whose efforts ensured Aldi would build in their town!