Finally, the village took another avenue by creating a full-service cooperative. The store will provide dry goods, fresh meat, produce and dairy products, with plans to include a drugstore, deli and bakery. In addition, village officials are hoping to lure more commercial business into the mall. Mayor Edward Palmer said interest has already been expressed by several businesses to locate in the mall once the store has been established. This has been established specifically to fund projects of this type, Shaw said.
Any individual can purchase a maximum of five shares.
Every shareholder is entitled to one vote at co-op board meetings regardless of the number of shares owned. Non-residents are also invited to purchase shares. The annual membership fee will be waived for the first year when someone purchases one to four shares. Those who purchase a maximum of five shares will receive a free lifetime membership, Palmer said. The grand opening for the co-op project is planned for November.