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Niwot Market owner urges Boulder County to pause minimum-wage increase, warns of business closures
Summary
Seth Steele, owner of Niwot Market, told the Boulder County commissioners during public comment that an upcoming local minimum-wage ordinance could raise his payroll about 30% and threaten the store's viability; he asked the board to pause increases until counties and cities coordinate.
Seth Steele, owner of Niwot Market, told the Boulder County Board of County Commissioners during public comment on Feb. 6 that a pending county minimum-wage ordinance threatens his small grocery business and asked commissioners to pause the increase until communities coordinate regionally.
Steele said he is preparing for payroll increases “by at least 30 percent,” which he estimated as “$10,000 a week, a half a million dollars a year” for his store and contrasted that with what he called a typical annual revenue year: “at a place where in a good year we make $100,000.” He said the store competes…
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