The Cincinnati City Council last week approved a measure to issue up to $28 million of bonds to finance infrastructure improvements around a future casino.
The bonds would be payable from property tax revenue from the casino, which will be located in a tax-increment financing district.
The gambling facility is one of four scheduled to open in Ohio's four largest cities after voters approved a constitutional amendment last November. Cincinnati's casino is expected to open in 2013. The city planning commission still needs to approve the borrowing.
