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Thursday, April 25, 2013

Palmer: KoolAid Consumption?

Behind closed doors?


Just totally ignore the Citizens' Impact Study that told Palmer the ANNUAL cost to host Mohegan Sun would be $18 MILLION  to $39 MILLION not including ~ $50 MILLION to bring water from the Quabbin.

Where will the LOW WAGE WORKERS live? When Mohegan Sun is unable to find enough Massachusetts residents to work for a pittance and they recruit workers from overseas as they did in Connecticut, how will Palmer pay the cost?  



Mohegan Sun Massachusetts officials say host community agreement with Palmer should be inked by July

Conor Berry, The Republican By Conor Berry, The Republican
on April 23, 2013
 
PALMER — Mohegan Sun Massachusetts officials announced Tuesday that they expect to sign a host community agreement with Palmer officials by July, and hold a town-wide referendum on the estimated $775 million casino plan by September.

Palmer Town Manager Charles T. Blanchard said that's the timetable officials have been aiming for throughout the ongoing negotiations. "We still have an awful lot of work to do in terms of the details," he said.

Paul E. Burns, an at-large member of the Palmer Town Council, is among the biggest local boosters of the plan, which he believes will bring jobs and growth to western and central parts of the Bay State. "Mohegan Sun's announcement that they are seeking to complete a host community agreement in time for a September referendum is welcome news," he said. "This announcement clearly positions Mohegan Sun and the Palmer project back in the forefront of the race for the sole Western Mass casino license."

Mohegan Sun Massachusetts is planning a "world class destination casino resort" off Route 32 that company officials claim will bring thousands of jobs to the region. The host community agreement, a component of the Massachusetts casino gaming legislation, establishes terms and plans for community mitigation and is required as part of Phase Two applications to the Massachusetts Gaming Commission – the panel charged with awarding one state casino license for this region.
Up to two other casinos can be built elsewhere in the Bay State, according to state officials.
After the host agreement deal is inked, Mohegan officials must request a formal vote on the proposal.

At that point, town officials must approve a date for the referendum. "The Palmer Town Council must set a date for the election that they feel is reasonable for both the applicant and the residents of Palmer, so they have an opportunity to become fully familiar with the issues in order to determine how they want to vote on the referendum," Blanchard said.

The vote must be held no sooner than 60 days after an agreement is reached, and no longer than 90 days.

"Palmer has been welcoming, supportive and motivated throughout this process," said Mitchell Etess, chief executive of the Mohegan Tribal Gaming Authority. "The host community agreement is important to establishing an effective and cooperative working relationship with the town, and a milestone that will enable us to move forward with a referendum vote."

Etess said casino officials are "sensitive to the fact that Palmer needs to know how the creation of this world-class destination will impact life in town." Completing the host agreement "will go a long way to help communicate the key plans in that regard," he said.

The plans for Mohegan Sun Massachusetts call for a resort casino hotel with "retail, lifestyle and other amenities," company officials have said. Mohegan's proposal includes the "strongest financial platform" of any other casino proposal for Western Massachusetts, according to Etess. Mohegan has formed a financial partnership with Brigade Capital Management, a $12 billion, New York City-based, SEC-registered investment adviser.

Currently, Mohegan Sun spends nearly $500 million annually on "goods and services from local vendors near its Connecticut and Pennsylvania facilities," company officials said in a media release.

It also recently launched a new "Working at and Working with Mohegan Sun" series to provide information on potential career and vendor opportunities in the resort gaming industry.

In Springfield, MGM Resorts International and Penn National Gaming are planning casinos in the South End and the North End, respectively. As part of its plan, Penn National has an option to buy properties from The Republican and Peter Pan Bus Lines.

Hard Rock International also is proposing a casino resort on the grounds of the Eastern States Exposition in West Springfield.

http://www.masslive.com/news/index.ssf/2013/04/mohegan_sun_massachusetts_offi.html

 





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