city rushing into this casino thing

Posted in the Bettendorf Forum

yep

Cambridge, IL

#1 Feb 1, 2013
I know the city says it can make money on this deal and no doubt they will. Sooner or later!!!!
But that price tag of 100 million kinda scares me a little for tax reasons.
Before you say it's not 100 million, trust me it is 100 million.
40 + million for buy out
5 million for property
real close to 50 million for new building on interstate.
Figure in over runs on cost and inflation....100 million.
Just don't want to get hit for taxes later to cover the cost!!!!!!!!
Just my thoughts

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