“I'm self-confident their up coming proposal will convey important Advantages to Cedar Rapids and Linn County as a whole, featuring unmatched prospects for our residents and site visitors whilst delivering essential guidance for Group organizations to advance and thrive.”
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If granted a license, gaming interests say the casino would aid area nonprofits by contributing 8 p.c of its annual gaming profits — the highest while in the state — on the Linn County Gaming Affiliation to divvy up. Iowa necessitates that certified casinos donate at least three per cent of revenue to nonprofits yearly.
“Our motivation to developing a entire world-course vacation spot has never wavered,” Swain reported. “We are in the ultimate stages of finalizing our eyesight for Cedar Crossing and anticipate setting a different common for gaming and entertainment in Iowa.”
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This was the positioning of Cooper’s Mill, household to the motel and restaurant, prior to it was wrecked while in the 2008 flood and later on demolished.
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Just after Linn County voters in 2021 handed a public referendum authorizing gaming within the county on a next-consecutive vote, that permitted casino backers to seek a license in perpetuity. The evaluate gained’t must come to voters all over again.
The developer compensated the city $one hundred sixty five,000 for the choice to buy the residence. The ideas demand flood security infrastructure along the west aspect of your Cedar River.
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