WESTLAKE, La. (AP) — The City Council has approved an agreement with Calcasieu Parish to payments to the city after the sale of Isle of Capri's Crown Casino riverboat.
The American Press reports (http://bit.ly/cseYHv) the boat was sold in February and will become part of the Margaritaville Casino and Hotel project under construction in Bossier City.
The previous agreement stipulated that Westlake would receive at least $1.48 million annually as long as either of the two Isle of Capri riverboats was docked in the city.
John Van Norman, the city's attorney, said the agreement was revised because of the riverboat's departure.
Mayor Dan Cupit was authorized to enter into a new agreement with the Police Jury under which the parish will pay Westlake a total of about $2 million in installments through 2014.
"Basically, what we are doing is we are just agreeing to an agreement between the parish and the Isle of Capri," Cupit said. "(The city was no longer involved with the Isle of Capri once the boat was moved."
Council members John Cradure and Bob Hardey voted against the payment agreement.
"We had a million dollars a year because the infrastructure was in the city of Westlake," Cradure told the council this week. "They told us we couldn't have any (money) when the first boat showed up, and the mayor and two councilmen went over there and negotiated a million dollars. ... I'm going to vote against giving up a million dollars a year."
Cupit said the parish is "letting (Westlake) down slow."
"We were basically at their mercy. They didn't have to give us a penny," Cupit said.
Westlake will receive $770,000 this year, $670,000 in 2013, and $585,000 in 2014.
Information from: American Press, http://www.americanpress.com