“I'm self-assured their upcoming proposal will carry significant Added benefits to Cedar Rapids and Linn County as a whole, supplying unmatched alternatives for our citizens and website visitors while offering very important assistance for Neighborhood businesses to advance and thrive.”
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If granted a license, gaming pursuits say the casino would help local nonprofits by contributing 8 p.c of its annual gaming profits — the best inside the point out — for the Linn County Gaming Affiliation to divvy up. Iowa demands that certified casinos donate at least three percent of income to nonprofits on a yearly basis.
“Our determination to developing a world-course spot hasn't wavered,” Swain reported. “We've been in the final stages of finalizing our eyesight for Cedar Crossing and anticipate setting a brand new normal for gaming and entertainment in Iowa.”
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This was the site of Cooper’s Mill, residence into a motel and cafe, right before it absolutely was ruined inside the 2008 flood and later on demolished.
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Besides county citizens, a number of nearby government officers and trade unions also have long supported the undertaking.
The developer paid the town $165,000 for the option to invest in the home. The designs call for flood defense infrastructure together the west side of your Cedar River.
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The Cedar Rapids Enhancement Team’s deal with the city doesn’t preclude Other individuals from applying for any gaming license, but does give the group a boost in the process as nearby help aspects to the commission’s selection.