Pictured in front of The Dalles City Hall with a payment check in hand are, left to right, James Brecterfield, Lety Brecterfield, Anthony LaBond, Gretchen Sharp, Angela Krause, Michael Mack, James Martin, Molli Martin, Natasha Martin, Vicki Byrd, Tom Wood, Nolan Hare and Charles Schwartz.
Pictured in front of The Dalles City Hall with a payment check in hand are, left to right, James Brecterfield, Lety Brecterfield, Anthony LaBond, Gretchen Sharp, Angela Krause, Michael Mack, James Martin, Molli Martin, Natasha Martin, Vicki Byrd, Tom Wood, Nolan Hare and Charles Schwartz.
Executives at Copa Di Vino and Sunshine Mill have made their first payment on the Sunshine Mill Urban Renewal project loan from the City of The Dalles and will celebrate their Fifth anniversary this weekend.
CEO James Martin and President Molli Martin made the payment Friday, May 15.
The company has been paying monthly on the $600,000 urban renewal loan at a rate of 5 percent and property taxes for the last 5 1/2 years. The May 15 payment of $150,000 is their first payment toward the principle, as required by the loan agreement.
The project has revamped the mill and warehouse and created jobs at the abandoned facility, which was once the home of Cheez-It Crackers, downtown The Dalles, said James Martin. They have created a flourishing tourist destination at the once-desolate facility, he said.
“This has been among the most exciting and rewarding experiences of our family,” James said. “Given our strong track record, I’m confident it will continue to flourish. We are grateful for the opportunity to help start something so innovative and valuable to our community here in The Dalles.
“We appreciate the support we as a family have received from our incredible staff and those in the community that we are proud to be part of and we will continue to foster the rebirth and resurgence that will continue to bring more jobs and innovation to the area and our community.”
The Martins have brought this historic landmark back to life, he added.
“My family and I have strong ties to The Dalles. It’s where I grew up and where we raised seven generations of Martins.
“This is a chance for us to return to a community that is a rich part of the fabric of our family, we love that we have been able to create 76 jobs and created a strong resurgence within the town that we call home,” Martin said.
On track to meet their sales goals for the fiscal 2015 and with healthy financial reserves, the company is well positioned for future success, James said.
As both an Entrepreneur (Shark Tank favorite) and as an innovator in the wine and premium beverage industry, Copa Di Vino has been at the forefront of new trends and premium beverages and will continue under James and Molli’s guidance.
“We have built a strong team that will honor their family's legacy by ensuring the Sunshine Mill project maintains its unwavering focus on revitalization and renewal of the downtown area, better benefits for all of our members of our community in The Dalles,” James said.
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