Homewood Takes Next Step Towards Casino
Homewood is one step closer towards developing a casino, but village officials say there's still a long way to go.
Homewood trustees voted Tuesday night to take the next step towards developing a casino along with the Village of East Hazel Crest. Two agenda items now help to set the stage for a potential future casino development. The first is an intergovernmental revenue sharing agreement between Homewood and the Village of East Hazel Crest. As the larger property holder, East Hazel Crest will be receiving 55 percent of proceeds, leaving Homewood with the remaining 45 percent. Trustees also voted to hire law firm Barnes & Thornburg to solicit interest from casino businesses. Homewood Village President Richard Hofeld says the firm employs statisticians and financial analysts to determine the best, most profitable choice for the villages. This is a …
In this Article:
BUTCH
9:20 pm on Friday, November 30, 2012
Back in the day Homewood was a largely blue collar town that was recovering like everywhere from WWII and KOREA the golden age of thoroughbred racing featured a match race of two of the most outstanding horses of racing at WASHINGTON PARK the site of the casino, people back then were realistic and did not act like the moral majority the puritans on this Blog think they with their concerned voters… more ›