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Iowa City Pushes for Casino Riverboat

TAMA, Iowa – As reported by the Iowa Times-Republican: "The City of Tama is making a run at putting a casino riverboat on its recently acquired Cherry Lake near downtown.

"The Tama City Council on Monday approved an agreement with Signature Management Group to negotiate and develop a casino project after a representative presented them with a strategic plan to compete for a gaming license.

"Petitions circulating recently had amassed 1,031 signatures by Thursday in favor of asking voters whether to legalize gambling during this November's general election.

"…Mayor Chris Bearden said he approached SMG in May about looking at Tama as a possible site for a future casino after Caraustar Industries donated the 40-acre Cherry Lake and surrounding land next to their Tama Paperboard mill…"

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