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Another $15 million deal
By DAVID HULSE
MONTICELLO — There are no slot machines spinning
yet, but with its second $15 million host-community package in the
bag, Sullivan County is amassing a substantial interest in casino
gambling.
Following a last-minute flurry of January 24 telephone
calls between New York and the Wisconsin base of the Stockbridge-Munsee
Band of Mohican Indians, county officials announced the financial
deal, which includes the county’s needed support for a planned multi-million
dollar casino. The casino will be located near Route 17’s exit 107,
near Bridgeville, in the Town of Thompson.
The $15 million host-community benefit package
essentially matches one negotiated earlier with the St. Regis Mohawks
and Park Place Entertainment, who are developing a casino-hotel
on Anawana Lake, also in Thompson. When announced last summer, the
initial deal was nationally acclaimed as the best negotiated by
any community hosting a Native American-operated casino.
Legislative chair Rusty Pomeroy (D-3) said the
only substantive difference in the agreements was that Sullivan
agreed to a Native American-operated convenience store on the property.
However, Pomeroy said the Stockbridge-Munsees would not be undercutting
competing businesses, as they will be collecting all state and federal
taxes on gasoline and tobacco, despite their federally exempt status
from those taxes.
The deal provides for quarterly payments to the
county, which will act as the distributor of any other payments
to affected town governments or school districts. Pomeroy said a
commission might be selected to oversee how those payments are made.
As with the Mohawk deal, the Stockbridge-Munsees
will be responsible for funding all infrastructure improvements
needed to support the casino.
The Stockbridge-Munsees are partnered with Trading
Cove Associates-New York, a South Africa-based financing and development
group, which developed the Mohegan Sun casino resort in Connecticut.
The tribe also has a bargaining chip with New York State, in that
the casino deal could help settle an old land claim the tribe has
against the state.
Pomeroy said Sullivan now has only to await the
needed state and federal approvals before the developers break ground.
“That’s always been the frustrating part of this, that so much of
it is outside our control…We’re years away from any opening,” he
added.
Sullivan currently has no other active negotiations
underway with would-be casino developers, but Pomeroy estimated
that as many as six tribes would come forward to propose plans.
“I expect we’ll hear from them when they’re ready,” he said.
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