By Audrey Posten, North Iowa Times Editor
The closure of the Holiday Shores Motel in McGregor last month puts the city of McGregor, and thus the McGregor-Marquette Chamber of Commerce, in a funding bind.
According to city administrator Lynette Sander, who spoke to the council at its regular meeting July 15, the motel annually contributed an estimated $15,400 in hotel/motel tax revenue. The city pulls in around $30,000 in hotel/motel tax annually, two-thirds of which goes to the chamber. In budget year 2014-2015, the chamber received $20,629 in funding via the tax. Based on projections for 2015-2016, if the same funding model is used, the chamber would see a roughly $10,000 shortfall.