Natchez leaders discuss casino revenue - KNOE 8 News; KNOE-TV; KNOE.com |

Natchez leaders discuss casino revenue

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NATCHEZ, Miss. (KNOE 8 News/AP) - The president of Magnolia Bluffs Casino and city officials are working to establish a committee to decide how the city would spend $225,000 the casino is expected to pay the city later this year.

Magnolia Bluffs President Kevin Preston said he wanted to make sure city leaders kept in the forefront of their minds that a committee is to be established to vote on how the community development funds are to be spent.

The casino pays $1 million in annual rent, as well as the $225,000 annually community development money.

Alderman Dan Dillard tells The Natchez Democrat (http://bit.ly/1n5Xmnm) money from the casino's annual lease payment is going toward improving Natchez streets. The city completed $500,000 in street repairs and is planning another $500,000 later this year.

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