"The two casinos we envision
should produce sufficient net revenues to amortize the costs of the City
of Atlanta's $3 billion sewerage system improvements without an increase
in sewerage rates," said Commissioner Pitts.
full gaming casinos inGeorgia, the state could receive in excess of $300
million in up front licensing fees from casino developers, providing ready
capital for the sewer project.�Atlantacould take action to protect its
water and sewer bond rating by dedicating these and other casino revenues
early on to sewer projects.
Pitts calls casino gambling
a viable alternative to major rate increases forAtlanta's sewer financing.
Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…