WEST DES MOINES, Iowa -- The President riverboat, purchased by a Mississippi company, will be retired and replaced by a newer larger floating casino next spring.

Davenport's plan to buy the Rhythm City Casino may not make it past the Riverboat Development Authority, the local agency that holds the casino's license, RDA officials said Thursday.

The Davenport Library Board wasn’t among the list of 52 grant recipients from the Riverboat Development Authority, but library director LaWanda Roudebush still received good news Thursday.