By Katelyn S. Irons
Café Valley, a baked goods supplier out of Phoenix, Ariz., has finally gotten full approval for its 48 million dollar investment. The project had been on hold until a public consensus could be come to during a City Council meeting.
Members of the city council were initially concerned about investing in Café Valley due to a previous debt created by a business called Earthbound Recreational Vehicles, according to the Marion Chronicle Tribune. This business left the city holding a $2 million loan after the company reneged on some of its goals.
These issues were brought up in the city council meetings and were resolved by a few safety measures said City Development Director Darren Reese. These measures include putting the basis of the debt on Café Valley and only giving support once the company begins to make money.
"They have to do what they do to create the money for us to recycle it back to them." Reese said.
The initial investment in Marion promises to be around $48 million and consist of more than a hundred new jobs. The facility will be built at 3301 S. Adams St. and will be more than 250,00 square feet, according to the Marion Chronicle Tribune.
"The city is excited to have Café Valley and their 200 jobs join our community," said Mayor Wayne Seybold in an interview to the Grant County Economic Growth Council.
