FlintTalk.com Forum Index > Political Talk Topic: Cassino economic fallout

Author    Post   Steve Myers Site Admin Flint voters must decide on Aug. 3 whether they back a proposal to bring an Indian casino to the city. Some of its possible results: GOVERNMENT: Flint, Genesee County and the Genesee Intermediate School District would split 2 percent of net winnings - which, based on experts' predictions of at least $200 million in annual revenue, would be $4 million. The city would also get new revenue from income taxes from casino workers. JOBS: 2,000 new jobs, although one expert predicts a 1,600 net job loss in the community overall. SPINOFF DEVELOPMENT: A convention center, hotel, movie theaters, golf course, water park and condos have been discussed, but experts say that could happen only if Flint becomes more of a tourist destination. Full Story: http://www.mlive.com/news/fljournal/index.ssf?/base/news-22/1089552054267260.xml Sun Jul 11, 2004 1:18 pm    Display posts from previous:   All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

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