Council inks Milky Moo’s agreement
Published 1:56 am Wednesday, February 21, 2018
The Andalusia City Council on Tuesday finalized its agreement with Milky Moo’s to occupy the bottom floor of the Timmerman building on the Court Square.
Milky Moo’s operates locations in Enterprise, Ozark and Headland.
While their specialty is ice cream, the business also offers cupcakes, cakes, ice cream cakes, candies, soups, sandwiches, salads, wraps and hotdogs.
City Clerk John Thompson said the city has been working with the owner on the project for more than a year.
The terms of the lease call for Milky Moo’s to invest $100,000 in the building. In return, it will not have a lease payment the first year, then will begin paying rent that will increase each year for several years.
“If this lease goes to term, we will pay for the building with this one lease,” Thompson said.
The city acquired the building, also known as the First National Bank building, about Jan. 1, 2017. The city acquired the building for $260,00, plus $1,500 in closing costs. The Estep Foundation contributed $100,000 toward the purchase.