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O'Fallon committee backs 5% amusement tax to rebate Marcus Theatres' mine-remediation costs
Summary
The Finance & Administration Committee recommended the council approve a 5% ticket-amusement tax, rebating 99% of proceeds to Marcus Theatres to reimburse remediation and repair costs after mine subsidence under two screens; staff said the company estimates remediation could reach roughly $9,000,000.
The O'Fallon Finance & Administration Committee on an advisory vote recommended the City Council approve a 5% amusement tax applied to Marcus Theatres ticket sales, with 99% of the revenue rebated to Marcus to reimburse specified remediation and repair costs.
Grant Bartsch, presenting the proposal, said the company discovered mine subsidence beneath two expanded screens and has been working with structural engineers and remediation contractors. "That…
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