The city of Davenport has hired a gaming consultant to assist with the review of land-based casino proposals and review the $46 million asset purchase agreement for the Rhythm City casino.

The city entered into the agreement with Gary Buettner, former executive vice president and chief financial officer of Jumer’s Hotel & Casino, with a fee of $150 per hour, City Administrator Craig Malin said Monday. Buettner lives in Bettendorf.

Buettner’s services will be used on a task-by-task basis, Malin said, and also could assist the Davenport Community Improvement Corp. that will oversee operation of the casino.

At this point, the fees charged by the consultant will be paid by the city from the general fund.

(6) comments

TruthOnlyBeTold
TruthOnlyBeTold

@sundance...Here's another old saying..."taxpayers are not ships"

thelastoftherationals

Here we go. Start the meter running beyond $46 million.

sundance

Would you rather they didn't hire any experts?

TruthOnlyBeTold
TruthOnlyBeTold

I'd rather they'd not risk tax payer dollars on commercial ventures.

sundance

There's an old saying: Ships are safe when they're in port, but that's not what ships were built for.

thelastoftherationals

I would rather they be truthful about the full cost of acquiring a casino.

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