SIOUX CITY, Iowa — The Sioux City Council has voted to authorize the sale of $22.3 million in bonds as part of a planned $120 million Hard Rock Hotel and Casino.
The council on Monday voted 3-1 to authorize the bonds. Council member Keith Radig voted no and Mayor Bob Scott abstained because he said some believe he and his family would benefit from the project. The mayor denies that.
The bonds will help pay for parking, utilities and other infrastructure as part of the planned gambling and entertainment center.
The bonds would be paid off over 20 years by future property taxes from the construction. — AP
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