The City Council approved up to $3.5 million in tax-increment
financing and $1.5 million in tax abatements on a 3-2 vote last
week. The vote followed questions from more than 200 residents,
many of whom wondered if the city really needed to offer the tax
incentives to get Cabela’s to open there. City officials argued
that the state and county might be quicker to help upgrade area
roads if the Cabela’s opens.
Nebraska-based Cabela’s announced this month that it had chosen
the small but growing exurb of Minneapolis for a store, its closest
to the Twin Cities. Its other Minnesota stores are in East Grand
Forks and Owatonna.