Racino money improving roads, upgrading communications in Austintown
Austintown Township has put two $1 million payments from the new racino toward improving its roads and paying off a loan for a new communications department.
Township Administrator Michael Dockry said the two payments were received in October 2013 and April 2014 with about $1 million being applied to this year’s resurfacing of township roads.
Another $742,000 is going to be used in September to pay the remaining balance of a communications loan, which originally was $830,000.
That leaves $258,000 for the township, and Dockry said officials have “not yet decided how it will be spent.”
These payments, as well as an annual payment of $500,000, were part of Ohio House Bill 386 that Gov. John Kasich signed into law in 2012 allowing video-lottery terminals and racinos to do business in the state.
Read more about the plans for the money in Sunday's Vindicator or on Vindy.com.