Those visitors have a tremendous impact for our community in terms of increased sales to local businesses and sales tax revenues. Restaurant owners, hotels, gas stations, rental car companies, local grocery and convenience stores will all benefit from the auction
Past News ReleasesRSS
Canton, SD (PRWEB) September 30, 2009
Canton resident Craig Olson and Western Construction Auctions, Inc. (WCA), a leading industrial auctioneer, are collaborating to conduct a first-ever agriculture and construction heavy equipment auction in Canton on Saturday, October 24, 2009. According to Olson, county officials need to approve the auction venue location at his property, 27634 484th Avenue, before plans move forward on site.
An expert auctioneer with more than 28 years experience in agriculture, construction, auto, and real estate auctions, Olson says members of Lincoln County's Planning and Zoning Commission hold the keys to unlock a significant economy booster for Lincoln County. He says votes supporting the initiative from the commission's seven members will benefit local business and create significant new tax revenues for the state of South Dakota.
On Monday, October 5, the commission will hear public testimonials and decide on a pending temporary use permit for the proposed October 24 auction site. Olson says he and WCA intend to hold auctions only twice a year to minimize traffic with maximum benefits to the region. Each auction would span three weeks involving advance equipment delivery, auction attendance and post-event deliveries. Organizers estimate the event will attract more than 1,000 buyers from South Dakota, Iowa, Nebraska, and Minnesota.
"Those visitors have a tremendous impact for our community in terms of increased sales to local businesses and sales tax revenues. Restaurant owners, hotels, gas stations, rental car companies, local grocery and convenience stores will all benefit from the auction," says Olson.
Olson says each auction stands to raise approximately $120,000 - $150,000 in sales tax revenues for the state. Plans for the October 24 event also include a fund raising element in support of Jeff Thompson, a Larchwood, Iowa, resident affected by muscular dystrophy.
WCA reaches a broad spectrum of buyers from all over the world with its Internet presence and mailing list of more than 50,000 active buyers. In addition to attracting on-site buyers, WCA broadcasts a live interactive video feed via the Internet, enabling buyers from all over the U.S. and abroad to bid on items.
"The auction business in Canton hasn't changed in 50 years and has major limits to reaching potential buyers. We're offering an opportunity to bring the world to Canton with a national company that's also deeply rooted in the region," says Olson. Though the company is based in the farming community of Fallbrook, California, Olson says the owners and managers from WCA were born and raised in Iowa, South Dakota and Nebraska. "We are deeply committed to bringing great value to the community by doing good business and attracting new revenue sources that help everyone in the region thrive," he says.
Bidders can expect to see a wide variety of items including skip loaders, wheel loaders, farm equipment, all terrain forklifts, skid steers, trucks, trailers, ATV's, motorcycles, pickups, autos, tools and attachments, and other agriculture and construction related items. The event will be the region's first-ever drive through auction where bidders see and hear the equipment operate as it crosses the auction block.
Area residents are encouraged to attend the October 5 hearing before the Planning and Zoning Commission to support the proposed auction venue plans.
Planning and Zoning Commission Meeting
9 a.m., Monday, October 5
Lincoln County Courthouse, Commission Room,
104 North Main, Canton, SD
Proposed Auction Dates
10 a.m. - 6 p.m., Saturday, October 24
Note: Preview days October 22 and 23 (Appointment, call 605-951-1301)
27634 484th Avenue, Canton, SD
# # #