City council asking for public input on how to utilize casino revenue

Public hearing to be held Monday

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Rendering of Horseshoe Casino
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 11/19/2012

CINCINNATI - What should the city of Cincinnati do with the money generated from the soon-to-open Horseshoe Casino?

City council wants to hear your two cents.

The Job Growth Committee is holding a public hearing Monday afternoon.

Anyone who wants to speak is being given two minutes to share their ideas before the committee.

Councilman Charlie Winburn is proposing the city invest $11 million of the revenue over the next 20 years. He says by doing so, the city could generate $137 million through the use of taxable bonds. Winburn says the money could go toward job creation and neighborhood and business development.

The public hearing is Monday at 1 p.m. in Council Chambers at City Hall.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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