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Denton board asks attorney to redraft keno contract, proposing lower payouts to village and operator

Board of Trustees of the Village of Denton · December 4, 2024
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Summary

The board voted to request the village attorney reword a two‑year amendment to the keno contract that would reduce the village share from 7% to 5% of gross proceeds and reduce the operator share from 13% to 11%; the current contract expires July 2025.

The Village of Denton Board discussed a proposed two‑year amendment to its keno contract at the Dec. 2 meeting and directed the village attorney to redraft the agreement with lower payout percentages.

Trustee Amanda Fangmeier moved, and Trustee Doug Rosekrans seconded, a motion that the village attorney re‑draft the keno contract to drop the village gross proceeds payout from 7% to 5% and to reduce the operator payout from 13% to 11%. The minutes note the current contract expires in July 2025. The motion carried.

The minutes do not record a vote tally by name for this motion. No amended contract text or effective date was included in the minutes; the attorney will prepare redrafted language for future board consideration.