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Davenport spends $99,000 to end agreement with casino developer
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By Stephen Elliott, selliott@qconline.com
By Stephen Elliott, selliott@qconline.com
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Davenport officials said Monday that spending up to $99,000 to end its agreement with a casino development company, early, is necessary in order for the city to move forward in its quest for a new casino. On Friday the city announced it was cutting ties to Chicago-based developer MSEG Inc., with which it entered a casino development agreement in November 2010. No casino has resulted. The city said in a news release issued on Friday afternoon the termination allows the city to pursue other land-based casino opportunities without further delay. Terminating the MSEG agreement was a necessary step to entering into an agreement for a land-based casino with any company other than MSEG, the city said. "Based on the recommendation and advice of our city administrator (Craig Malin), we terminated the agreement," Mayor Bill Gluba said. "There's just a lot of things going on. We want to get this done. Time is money. "The longer things drag, quite frankly, the less everybody benefits." Davenport's Rhythm City Casino, owned by Isle of Capri, has been for sale. MSEG had an exclusive agreement with the city through November to put together a casino deal, preferably one that would move the Davenport gambling operation off the river and into a downtown location. Mayor Gluba said although a casino developer was not found, MSEG did fulfill its obligation of trying to bring a land-based casino to the downtown. He said the city received a lot of good data from MSEG. "The city had a mutual agreement where we would pay (MSEG) up to $100,000 if they held up their end of the bargain," Mayor Gluba said. In the news release, Davenport City Administrator Craig Malin said, "MSEG worked diligently to fulfill its development obligations." In September 2011, IOC told the gaming commission it was willing to talk with casino developers interested in taking over the Davenport casino operations. 
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Today is Thursday, May 23, the 143rd day of 2013. There are 222 days left in the year.
1863 — 150 years ago: Messrs. J. and M. Rosenfield have moved their leather and hidestore to the building formerly occupied by Temple Bufords's store. They buy and sellhides, pelts, furs, wool, beeswax, lard, tallow, etc.
1888 -- 125 years ago: The Rock Island Lumber Company has recovered 5,000 of the8,000 logs that were carried away by the Mississippi River flood last week.
1913 -- 100 years ago: John J. Ullemeyer has been awarded the contract to furnish RockIsland fire and police department members with uniforms, at the city's expense.
1938 -- 75 years ago: Work on Aledo's new $38,000 swimming pool was started thismorning at South Park when ground for the pool was broken by Mayor John W. Murphy.
1963 -- 50 years ago: Students and teacher at Moline High School called today "MissLeona Day" day at the school in honor of the government teacher who retires at theend of the school term. Although she's been teaching for 43 years at the school, Miss Dayfound a new way of arriving at the school this morning. At 7:30 a.m., a police squad carpulled up in front of Miss Day's home and escorted her to school. A caravan of students' cars joined the procession along the way.
1988 -- 25 years ago: Barbecue cooking and riverfront antics are planned for Discover the
River Day Saturday in Leach Park, Bettendorf. A 5K run, wind surfing, a canoe race, hogcalling and more will round out the day under the Interstate 74 bridge.
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