School Could be Torn Down Thanks To Casino Gambling Revenue

Casino gambling revenue has been put to many uses by cities and states around the country. One of the weirdest uses of the revenue could occur in Waterloo if officials have their way.

Waterloo City Council members have decided by vote at their latest meeting that they would like to use $80,000 of the cities casino gambling revenue for the demolition of an old, abandoned school.

"I get complaints about it...it's an eyesore, I'm very happy to see that it's going to be torn down," said City Councilman Harold Getty.

Tearing the school down will not be an easy task. The total cost is estimated to be at about $100,000. that cost will cover the removal of asbestos and also the cost of the demolition itself.

The building has been close to being purchased in the past, but the cost of the demolition has been too high and has caused deals to fall through.

The grant application is not the only one being submitted to the gaming council, a total of $720,000 has been asked for within nineteen grants.

December 30, 2007
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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