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Bettendorf city officials look to offload fitness center to "save taxpayers" $250,000, but $1.7 million annual tax subsidy of Family Museum not on table

on Wed, 08/24/2022 - 00:49   by news

Bettendorf city officials say they want to offload the Life Fitness Center to the Scott County Y to "save taxpayers" $250,000 a year.

But just a few blocks north and west of the fitness center sits the city's Family Museum that required six times that amount – nearly $1.7 million – in tax dollars last year to meet payroll.

Life Fitness Center sale among options being discussed to help offset pandemic revenue losses

on Thu, 04/23/2020 - 00:59   by news

As Bettendorf city leaders confront revenue shortfalls caused by the coronavirus pandemic, the Life Fitness Center appears to have a big "sell me" target on its back.

In his presentation to alderman Tuesday (4/21), City Finance Director Jason Schadt listed "Divest of Loss Generating Enterprises" as one of the possible short-term objectives to trim city expenses.

And, in discussions earlier this month, city officials had a more specific phrase for "loss generating enterprises" – close and sell the Life Fitness Center.

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