The Davenport City Council will meet with Kehl Development Corp. officials in a work session Wednesday ahead of the council's regularly scheduled meeting.
The meeting is to be an introduction between aldermen and representatives of Kehl Development, including CEO Dan Kehl. Kehl's company is in the process of purchasing the Rhythm City casino from the Isle of Capri and intends to build a $110 million land-based casino along the Interstate 80 corridor.
Officials with Kehl met once with city economic development staff and Aldermen Mike Matson, 8th Ward, and Gene Meeker, at large, in June. Both sides called that meeting encouraging.
It is uncertain what type of assistance, if any, the casino developer would seek from the city. Kehl has said he wants the casino located near the Brady Street intersection with the interstate.
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Kehl still must complete an agreement with the Riverboat Development Authority, the nonprofit entity that holds the state license for the Rhythm City.
Last month, the Isle of Capri announced a non-transferable option agreement with Kehl, giving the company until Sept. 15 to exercise it with an extension to Oct. 15 if necessary. Kehl and the Isle have agreed to a purchase price of $51 million. Dan Kehl has said that a final asset purchase agreement could be executed by January's Iowa Racing and Gaming Commission meeting.