(Radio Iowa) – State Auditor Rob Sand says a private auditing firm will review details about the closure of a grocery store that got about two million dollars worth of tax incentives and grants from the City of Waterloo. All-in Grocers in downtown Waterloo opened on October 3rd of last year.

The store’s co-owner announced on August 10th the store would close temporarily as it switched to a more affordable supplier of food and other goods, but the store has remained closed and is up for sale.

In a written statement, State Auditor Rob Sand says his staff is passing information they’ve received about All-in Grocers to the private firm hired to audit the City of Waterloo’s finances. Sand says it’s the fastest and most efficient way to ensure public funds provided for the project were spent appropriately and as intended.