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An underwater hotel in Lake Outstanding? Mayor hawks doubtful project

TWO HARBORS, MN — The mayor of a Minnesota town and an nameless self-proclaimed “billionaire” want to develop an underwater lodge in Lake Exceptional, according to the Duluth News-Tribune, which claimed moral worries are currently being lifted about promotion of the improbable enhancement.

Chris Swanson, mayor of Two Harbors, a metropolis of about 3,800 on Lake Outstanding, has been raising eyebrows by promoting a $400 million growth with the backing of an anonymous financier who goes by the pseudonym “Mr. O.”

The considerably-fetched prepare was the subject matter of a Two Harbors Town Council assembly very last week in which customers, including Swanson himself, asked the point out Attorney Basic to overview irrespective of whether Swanson experienced crossed moral boundaries by soliciting investments when serving as an elected official.

Swanson was reelected in 2020 to his second time period as Two Harbors mayor. He’s also CEO of a electronic marketing company and posts frequently on Twitter, in which he’s expended new times subtweeting critics and advertising and marketing cryptocurrencies.

In August, Swanson appeared with “Mr. O” on a podcast identified as “Inquire a Billionaire” to endorse the lodge notion, which also entails a opportunity professional submarine.

Swanson and “Mr. O” are detailed collectively as contacts for “Lively Two Harbors,” an unfinished web-site soliciting buyers with guarantees of a strategy to revitalize the area.

“Vibrant Two Harbors is now looking for buyers to sign up for on their eyesight to make Two Harbors THE vacationer metropolis of Minnesota,” the website states. “Our 10-year plan is (insert phrase like identified) to give higher yields for early buyers. Support make a true influence in bettering a historic city. Established up a cost-free investment 15 minute conference with Two Harbors Mayor Swanson to learn more: Click the button down below to established up your assembly these days:”

Duluth Information-Tribune reporters got someone claiming to be “Mr. O” on a contact previous 7 days, in which the man or woman explained he was mentoring Swanson, but would not disclose aspects or no matter whether he had correctly financed other assignments.

“Mr. O” previously arose in discussion around group investments in Michigan. In 2017, Flint advocate Art Wenzlaff claimed to be in speak to with a “Mr. O,” who was subsequently interviewed about his civic financial investment fascination for the duration of a community 1470 WFTN news talk radio segment.

The Flint financial commitment did not materialize.

Robin Glaser, Two Harbors Metropolis Council vice president, advised the Minneapolis Star-Tribune past 7 days that the city “has not been involved with Mr. O or any other nameless individual on any existing or proposed challenge.” In a statement, Glaser included: “Be assured that the metropolis of Two Harbors will not interact in a project with an anonymous personal.”

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