Woodland Mills to sell equipment, pay $126k in back taxes
Published 3:54 pm Friday, May 14, 2010
The now closed Woodland Mills plant in Mill Spring plans to sell its equipment and pay off $126,000 owed to Polk County in taxes and water/sewer bills.
The mill closed earlier this year after running textile operations for about 10 years off Hwy. 108 near the Mill Spring crossroads.
Polk County Manager Ryan Whitson said there is currently a deal underway for someone to purchase the equipment out of the mill. That purchase will enable the mill to pay off the back taxes and water/sewer charges it owes to the county soon, according to Whitson.
Whitson said he could not go into detail, but the sale of the equipment will make it possible for something else to be done with the building.
Woodland Mills began operations in 2000 and at first employed about 120 employees. At the time, Polk County offered incentives to attract Woodland Mills to the old Stonecutter plant, which was created in 1965.
Woodland Mills property went into foreclosure earlier this year and the plant closed shortly after.
This is not the first time Woodland Mills owed Polk County money, particularly for back taxes. The plant settled a $244,000 debt to the county in 2003 when it decided to sell its water and sewer systems to the county to provide services to the new middle school and recreation park adjacent to the mill. The mill settled that debt and then began paying the county for water and sewer services, which is part of the money currently owed.
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