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Report Garwin Co-op to relocate in South Tama School District area

November 28, 2011
By Andrew Potter - Marshalltown Times Republican Staff Writer , Toledo Chronicle, Tama News-Herald

CENTRAL IOWA PRESS- The July 11 windstorm is still making an impact on the town of Garwin.

Due to extensive storm damage, Mid-Iowa Cooperative is planning to rebuild its elevator that has been in Garwin in another location.

The cooperative has one currently on the south side of Garwin near the city park, which took on thousands of dollars worth of damage as grain bins twisted and the office building was severely damaged.

Article Photos

This was the scene in Garwin on July 9 when straight line winds heavily damaged the Garwin Cooperative Elevator on the southwest aside of the downtown business district.
News-Herald file/John Speer

It is unclear the timeframe of the move, but it is expected to relocate somewhere in the South Tama School District. Mid-Iowa Cooperative General Manager Mark Kistenmacher did not return phone calls made to him by Central Iowa Press.

The expected move had people in the GMG School District concerned about the hit on the overall property value of the district and its affect on the tax base.

GMG Superintendent Ben Petty said the valuation of the Co-Op is $860,000. If that is lost it would take the district's taxable valuation down from $117.69 million to $116.83 million. Petty said this would be less than a 1 percent loss to the total taxable valuation in the GMG district.

"Although we hate to lose any property base like that it's not going to be as big of a hit (as expected)," Petty said.

 
 

 

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