Letter: Trader Joe's deal makes perfect sense
This is in response to the Feb. 14 letters from Fred Kelley and Darlene Luitjens maintaining that Trader Joe's would be "taking" taxpayer money. Are their memories too short to recall that we are still paying the two (yes, two) Wal-Marts back the millions in sales tax money we promised to lure them to Prescott? How many businesses have closed as a result of the arrival of the world's largest retailer? The departure of our own Basha's market and countless others at Frontier Village have made that a veritable ghost town. Not to mention the "taxpayer" money spent on the Lowe's project that diminished the view and home values of the residents of Prescott Canyon Estates and probably caused a mayor to lose his job.
The statement that TJ's employees are mostly part-timers at minimum wage and no benefits is totally fictitious. At every store I have ever visited, the employees are supremely happy with their jobs and the great benefits they receive. All their stores are a pleasure to visit - customer service is exceptional. No matter what the associate is involved in, they immediately jump to a customer's side and personally guide them to the product they are seeking. If a product is out of stock, they rush to the computer to advise when it will be in.
This is a win-win situation as the money will be paid back into the capital needs funds and will be interest on the investment, not a paydown of the principal. After five years, the developer will have the option of paying off the principal or going to a higher annual payment. Currently we are paying out our sales tax receipts for several more years to the world's largest retailer.
So, Fred and Darlene, you don't need to go to Trader Joe's. There will be plenty of us lining up to buy their healthy products at more than fair prices. And, Steve Blair, keep up the good work - we need this store in Prescott.