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Why can t Duluth just sell Spirit Mountain? It s complicated

Why can t Duluth just sell Spirit Mountain? It s complicated
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Duluth mayor proposes $24 million investment in Spirit Mountain

Duluth mayor proposes $24 million investment in Spirit Mountain City would request $12M in state bonding money.  May 6, 2021 10:28pm Text size Copy shortlink: 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.

Duluth mayor calls for $24 million investment at Spirit Mountain

Duluth would ask the state of Minnesota to pay half the cost with bonding funds. Written By: Peter Passi | × Skiers and snowboarders ride the Big Air Chairlift at Spirit Mountain on Sunday March 21, 2021. Installing a new lift is one of the recommendations made by a consultant looking at the recreation area’s future. (Steve Kuchera / skuchera@duluthnews.com) Duluth Mayor Emily Larson unveiled an ambitious plan for improvements to the Spirit Mountain Recreation Area at a Thursday afternoon news conference below the Skyline Chalet. For years, the main community narrative of Spirit Mountain has really been one of exhaustion and frustration. To be honest, I really get that. It has felt like our entire financial strategy for this incredible regional asset has been based on Band-Aids of emergency cash infusion, she said.

Duluth Mayor Larson Offers Recommendations For Spirit Mountain

Duluth Mayor Emily Larson addressed the media Thursday afternoon to offer recommendations for making the Spirit Mountain Recreational Area a more financially viable entity in the years ahead. The press event, held at Spirit Mountain at 2 pm on Thursday afternoon, offered recommendations based on a report from the Spirit Mountain Task Force and consulting firm SE Group. The report explored how to bring better financial footing and improvements to the recreation area, which has amassed a sizable debt in recent years. While Spirit Mountain did post a profit last year, despite the pandemic, the recreation area has received a series of loans from the City of Duluth as it has dealt with financial challenges in recent years. Those loans were actually one of the subject of Mayor Larson s recommendations in Thursday s presentation. As she explained, she felt a number of Band-Aids have been placed on the Spirit Mountain issue, and she feels this plan will create a permanent fix for the ve

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