Quantcast
 
New ETF Book by Larry Connors - Click here to read more


 

Tractor Supply Company store is scheduled for Sept. opening in Delhi

Fri. June 12, 2009; Posted: 08:48 AM
Stocks RSS
DELHI, Jun 12, 2009 (The Daily Star - McClatchy-Tribune Information Services via COMTEX) -- TSCO | Quote | Chart | News | PowerRating -- A Tractor Supply Company store is scheduled to open Sept. 1 at the former Great American in Delhi, county Industrial Development Agency Executive Director Jim Thomson said Thursday.

Developer Francis Jenkins, who has owned a second home in South Kortright for more than 30 years, purchased the vacant store.

Thomson said Jenkins has negotiated a lease with Tractor Supply, but there are several zoning variances required before the company can begin upgrading the building.

The downtown Delhi independent supermarket closed last summer after 13 years in business.

Brian Domion said he closed Domion's Great American on Main Street because business dropped off unexpectedly during the latest downturn in the economy.

Domion said he had owned and operated the store since 1996. Before he bought it, it was part of the Great American chain and had previously been a Victory Store.

Thomson said he will attend the Delhi Village Zoning Board of Appeals meeting at 7 p.m. Thursday with the developers to request three variances.

The first variance required is a use variance, because village of Delhi zoning prohibits the sale of agricultural equipment in the downtown business district.

"The code also prohibits outdoor displays of equipment," Thomson said. "But we have always had cars and trucks displayed in the downtown district."

The second variance deals with the prohibition of fencing in the business district.

Thomson said Tractor Supply's plans include a fenced area at both ends of the property. The section nearest Main Street will be for lawn mowers, flowers and plants and other small displays. A fenced lot is also planned at the other end of the property for larger equipment.

"They will be using decorative fencing," Thomson said. "It won't be a towering chain-link fence or anything like that."

The third variance deals with the number of parking spaces in the lot. According to the zoning code, the parking lot does not have enough spaces.

"Technically, Great American didn't have enough spaces either, but there were always plenty of spaces, and there will be far less traffic at Tractor Supply," Thomson said.

Thomson said the proposed store is expected to help make up part of the shortfall in Delaware County sales taxes.

"Delaware County has a shortfall of approximately 10 percent in sales tax, which equals $1.8 million," Thomson said. "Tractor Supply is expected to generate $200,000 in tax revenue."

Thomson said the store will also create 20 jobs, which will offset the 15 jobs lost when Great American closed.

A $400,000 grant through the Empire State Development Downtown Revitalization Upstate Blueprint Fund is being applied for through the county IDA to help renovate the exterior of the building, Thomson said.

Scott Aden, Jenkins' representative, and a Tractor Supply Company's representative did not return calls for comment.

----

Patricia Breakey can be reached at 746-2894 or at stardelhi@stny.rr.com.

Add a comment on this story

To see more of The Daily Star, or to subscribe to the newspaper, go to
http://www.thedailystar.com. Copyright (c) 2009, The Daily Star, Oneonta, N.Y.
Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax
to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave.,
Suite 303, Glenview, IL 60025, USA.
For full details for GTAM click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [GTAM]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.