The Polk County Board of Supervisors has approved a new 8-year lease with Prairie Meadows Racetrack and Casino. The new lease is about the same as the current one, with one exception. As landlord, the county currently pays 100 percent of the racetrack-casino's annual property taxes, which total about $4.5 million. That amount would be frozen under the new lease. Revenues from the casino are channeled to the county to pay for roughly $5.6 million in community development and betterment grants each year.
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