Cape Girardeau city council endorses Isle of Capri for casino

By Heartland News

CAPE GIRARDEAU, MO (KFVS) - The Cape Girardeau city council is betting on Isle of Capri should a casino be given approval.

The city council voted 6-1 to endorse Isle of Capri Thursday night.

"We felt it was very important to move ahead with Isle of Capri, they've been very open," said Mayor Harry Rediger. "Their land acquisition is complete, they're virtually complete on development agreements. We've got their site plan."

Which is more than what Mayor Rediger says the city received from the other developer in the running, St. Louis Capital Partners.

That company decided to hold off on releasing details about its plan until September 1st, the deadline for applications to the Missouri Gaming Commission.

Council member Debra Tracy voted against the resolution because she wanted to wait to hear the other developers ideas.

"I just can't do it (vote yes on the resolution) at this point," said Tracy.

Meanwhile, Isle of Capri representatives are ready to get the dice rolling on what they say will bring 500 jobs, millions of tax dollars, and downtown revitalization to the area.

"This gives us the opportunity to launch an informational campaign so people can understand what this project can do for the city and help the state understand what the project can do for Missouri," said Paul Keller-Chief Development Officer-Isle of Capri.

The proposed site for the Isle of Capri Casino would be at the old shoe factory location off North Main Street.

Mayor Rediger says he believes the other developer, St. Louis Capital Partners LLC will go ahead with the application process.

The mayor says the city will still listen to what the group has to offer.

It's all contingent on the November 2nd election, and the Missouri Gaming Commissions decision.

The commission's expected to make its pick by the end of the year.

Several other places near Kansas City and St. Louis are also in the running.

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