Sunshine Mill Makes First Urban Renewal Loan Payment

The Sunshine Mill has made its first payment to the Columbia Gateway Urban Renewal Agency towards paying back a $600,000 dollar loan to make improvements to the facility at the east end of downtown The Dalles.  The $150,000 payment had originally been due in November, but was pushed back to May 15 under an agreement between Sunshine Mill owners James and Mollie Martin and the agency.  It’s part of a three-year plan to pay back the loan.  The Sunshine Mill and Copa di Vino currently employ 76 people at the site.  Under the plan agreed to in December, a $100,000 payment is due on May 15, 2016, and another $350,000 on May 15, 2017.  Then a $318,000 payment to purchase the property is due by May 15, 2018.

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