The town of Pike Road is getting ready to expand again. This time, it's biggest tenant yet. Town officials say Home Depot on Chantilly Parkway has agreed to annex into the city, bringing with it hundreds of thousands of dollars in sales tax revenue.
There were applause at the Pike Road city council meeting Monday night, when Mayor Gordon Stone announced the home improvement chain's intentions. The store will become the first retail establishment within Pike Road's city limits.
Mayor Stone says it was Home Depot's interest in Pike Road's future school system that sealed the deal. But it's not official yet.
The store is not yet contiguous to Pike Road's existing city limit, which is required by state law. Mayor Stone says he is optimistic that other property owners will step forward and annex their land, so Home Depot can follow suit.
If the plan works out, Pike Road officials say the added sales tax revenue would go a long way to helping establish a new city school system.
At Monday's council meeting, city officials unveiled the planned curriculum for the new pre-K through 12th grade system. Council members also approved the school system's new mascot: The Pike Road Patriots.
If Home Depot is annexed into Pike Road, the store would begin charging a little over 8% in sales taxes. In Montgomery, the sales tax rate is 10%.