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Wednesday, September 23, 2009

Democrats back Tour of Missouri

If you're a fan of the Tour of Missouri bicycle race, you'll be pleased to hear seven Democratic legislators are urging Gov. Jay Nixon, also a Democrat, to back state funding for the 2010 race.

In an Associated Press story, Senate Minority Leader Victor Callahan, House Minority Leader Paul LeVota were among the lawmakers who called the state's $1.5 million investment in the race a wise one for Missouri.

Missouri's three-year agreement with Medalist Sports to run the race ended this year, but Lt. Gov. Peter Kinder, a Republican, wants to continue the state's involvement with the race as organizers seek more private sponsorship of the event.

“With a complete realization of the continued recession that our state is facing, we believe that a 14-to-1 return on the state’s $1.5 million commitment to the Tour of Missouri is a wise investment, especially during these difficult economic times,” the legislators wrote. The St. Louis Business Journal says the race brought it nearly $60 million in tourism dollars in 2007 and 2008.


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