Duluth mayor proposes $24 million investment in Spirit Mountain
City would request $12M in state bonding money.
May 6, 2021 — 10:28pm
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DULUTH – Mayor Emily Larson wants to invest $24 million into Spirit Mountain, a significant public lift for the financially struggling city-owned ski hill.
"It has felt like our entire financial strategy for this incredible regional asset has been based on Band-Aids of emergency cash infusion," Larson said at a news conference Thursday. "Spirit Mountain is caught in a continual lose-lose loop of financial calamity, facility maintenance crisis and continual operational challenges."
Larson is seeking $12 million from next year's state bonding bill and another $12 million city-issued bond. Spirit Mountain would be asked to cover half of the city's debt, and tourism taxes would cover the other half.