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    New Orleans plan to sell casino lease payments needs guardrails, report says

    (The Center Square) — New Orleans’ proposed deal to raise more than $100 million by selling rights to future Caesars casino lease payments would provide fast cash amid a fiscal crisis, but the ordinance authorizing the transaction does not restrict how the money can be spent, according to the Bureau of Governmental Research.The ordinance, introduced […]

    The post New Orleans plan to sell casino lease payments needs guardrails, report says appeared first on The Black Chronicle.

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