Duluth City Council to Vote Monday on Spirit Mountain Debt Forgiveness Plan
Fox21Online May 5, 2021 DULUTH, Minn. – On Monday, the Duluth City Council will vote on a resolution to forgive up to $900,000 of Spirit Mountain’s existing debt. The proposed debt forgiveness and repayment plan is a recommendation provided by the Spirit Mountain Task Force which was created by Mayor Larson last year. The 16-member task force was appointed by Mayor Larson last June after the pandemic pushed the resort into a deeper financial hole and was unable to open last summer. The recommendation states that the city and Spirit Mountain would “enter into a debt forgiveness and repay...