HERMISTON — Work has begun on the Ranch and Home store at 2500 S. Hwy. 395.
“They signed a development agreement with us yesterday afternoon,” said assistant city manager Mark Morgan on Friday morning.
The city has provided Ranch and Home with an incentive package. If they complete the construction and get an occupancy permit by Jan. 1, 2018, the city will reimburse them for the building permit, system development charges and $10,000 for extension of water and sewer lines, which will make it easier to develop neighboring properties in the future. The total incentive package is estimated to be worth about $107,800.
“The tell us they have no concerns about meeting the deadline,” Morgan said.
He added that the incentive package is on a sliding scale, and that the reimbursements will decrease by 10 percent for every month the deadline is missed. The deal is off if the store is not complete by April, Morgan said.
Ranch and Home currently has two stores in the Tri-Cities and one in Milton-Freewater. It sells supplies for home and garden, livestock, pets, sporting goods and clothing.