“I'm confident their future proposal will carry important benefits to Cedar Rapids and Linn County as a whole, featuring unmatched options for our residents and website visitors though offering very important aid for community organizations to advance and thrive.”

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If granted a license, gaming interests say the casino would guidance neighborhood nonprofits by contributing 8 per cent of its yearly gaming earnings — the highest from the point out — on the Linn County Gaming Association to divvy up. Iowa necessitates that licensed casinos donate not less than 3 percent of earnings to nonprofits annually.

“The development team continues to demonstrate their commitment to Cedar Rapids having a vision for the casino that highlights our Local community’s probable as a contemporary enjoyment and gaming desired destination,” Cedar Rapids Mayor Tiffany O’Donnell mentioned in a statement.

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This was the site of Cooper’s Mill, house into a motel and restaurant, in advance of it absolutely was ruined in the 2008 flood and later demolished.

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“An area casino can help our communities be more vibrant, as we estimate Cedar Crossing will be able to commit $five million to $seven million to nonprofits annually. This could be A significant Improve to local organizations, and just one of several numerous ways this project will make Linn County an better still spot to Stay, do the job and go to.”

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