Facing the Giants: Small Town Grocery Store

^{Mr. Thompson shared the history of the development of Chapman Food Mart in Chapman, Kansas. He discussed how the store was developed with a neighborhood revitalization plan which allowed the grocery store to obtain a 100% tax abatement for ten years. Furthermore, he explained the contractual agreement between the City of Chapman and Chapman Food Mart, Inc. for the development of the grocery store with the city participating with $600,000.00 incentive program toward the construction of the project. The repayment of the loan obtained by the City of Chapman but given to the developer is serviced by sales tax revenue from the store. He explained the mechanics of both the neighborhood revitalization plan and the incentive program.}