Amateur Sports Center & MERIT Center PDF Print Email
Friday, 24 February 2012 21:44

FACTS & ECONOMIC IMPACT

  • Marshall, on average, brings in $1 million annually in athletic tourism dollars.
  • State economic impact survey indicated these sports facilities offer the best return on investment for Marshall to bring new visitors.
  • Economic growth and retail opportunities
  • Attracting families and students to SMSU.
  • Youth sports have been demonstrated to be virtually recession proof.
  • Positive cash flow revenue generator.
  • Since 2007, participation in Marshall tournaments has increased 15%.

 

 MERIT_CenterMERIT Center - Vehicle Training Facility

FACTS

  • Adds to Marshall's regional pull.
  • Provides a safe and controlled environment for vehicle training.
  • Creates local jobs.
  • Reduces personal insurance premiums.
  • Brings customers to Marshall on a daily basis


Local funding proposed for SW MN Amateur Sports and MERIT Center projects:

  • Local Sales Tax .5%
  • Hospitality Tax 1.5%

 

Both projects would be very beneficial to our economy and both will require a vote from Marshall residents to approve a local option sales tax to help financially build the facilities. The more you know about both projects the better you will be able to make the right decision based on what you believe to be the best decision. Our mission is to give you as much detail as possible on both projects.

 

Amateur Sports Center Economic Impact

MERIT Center Impact

Vote YES for Marshall's Growth - Informational Flyer

FAQs

Ballot Questions & Reasons to Vote YES

Letters to the Editor

 

VOTE

The State of Minnesota must authorize all local sales taxes. Over 20-communities in Minnesota have active local sales taxes in place for specific projects such as the MERIT Vehicle Training Center and Southwest Amateur Sports Commission project. In 2010, the State authorized the City of Marshall to have a 1.5% sales tax on food, beverage and lodging. In 2011, the state legislature authorized a vote on the local options sales tax and both local taxes will be on the ballot in the general election in November 2012. If approved by the voters, construction would begin in Spring 2013 for both projects.

The City is requesting the approval of the general sales tax. The consumer cost for this investment varies on the item, but here are a few examples to compare: $0.05 for a $2.50 large coffee; $2.00 for a $100 hotel stay; $1.50 for a $300 mountain bike; $1.50 for a $75 dinner for two.

NOTE: 
            - farm machinery, clothes, and groceries are exempt
            - 40% of Marshall's sales tax revenue is from non-residents

 

Last Updated on Tuesday, 07 May 2013 19:53
 
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