By Jason W. Brooks | YourValley
BUCKEYE — In the process of giving details about a major shopping development investment Tuesday, Dave Roderique also answered a $3 million question.
“Costco has not made a formal announcement,” Roderique, the city of Buckeye’s deputy city manager, said during Tuesday’s Buckeye City Council meeting. “But we have a site plan from them, for this location, and it’s under final review.”
Buckeye Mayor Eric Orsborn was among those singing praises of the Buckeye Commons development at Tuesday’s meeting.
He said not only will more groceries help reduce the large food-desert gaps some Buckeye residents must currently cross, but also will bring in much-needed tax revenue to help pay for new Buckeye staff and infrastructure projects.
Orsborn said conservative estimates of how much tax revenue Costco will produce means the city may see about $3 million per year in local revenue alone. The city’s sales tax rate is 9.3%.
