Advertisement
 
Tuesday, September 02, 2014
Amsterdam, NY ,
Advertisement

The plan is in the mail Another casino deadline arrives

Monday, June 30, 2014 - Updated: 10:00 AM

By NICOLE ANTONUCCI

nicole.antonucci@recordernews.com

A gaming license application for a casino at Thruway Exit 27 in Montgomery County was expected to be among several submitted to the state Gaming Commission today. Deadline for the applications is 4 p.m.

As of 8 a.m., the Gaming Commission had yet to receive the application by developer Clairvest Group Inc., which is proposing to develop a 512-acre property in the town of Florida and the city of Amsterdam.

"Applications are expected to arrive throughout the day," Gaming Commission Spokesman Lee Park said, adding that only an application for the Southern Tier region had been received.

Clairvest Group Inc. investment broker Peter Marcil said the developer sent the packet for Montgomery County's site via mail Friday afternoon.

"I talked to Jeff Parr and the application has been sent," Marcil said via text message. Parr is Clairvest's CEO.

Clairvest Group Inc. is among 18 entities vying for one of four gaming licenses in the Catskills, East Southern Tier and capital regions.

Clairvest's development team is proposing to transform the Exit 27 site with a $250 million project, which will be built in three phases over two years. It will consist of a casino, hotel, spa, two golf courses, 300 residential units and potential commercial development.

Montgomery County is among five locations in the capital region being considered for a casino. There is a proposal for a $300 million Rivers Casino & Resort at Mohawk Harbor in Schenectady. The three other hopefuls are at Howes Cave in Schoharie County, DeLaet's Landing in Rensselaer, and an East Greenbush property.

Applications will be reviewed by the Facility Location Board, and will be weighed according to economic activity and business development factors (70 percent), local impact and siting factors (20 percent), and work force enhancement factors (10 percent).

Operators of a casino may be asked to give an oral presentation of their proposal in front of the Gaming Facility Location Board on or after July 21.

Selection of a gaming facility operator will be determined in early fall.

According to the website, to receive a gaming license, the successful applicant must:

* Invest the required capital;

* Meet the deposit requirement;

* Demonstrate an ability to pay and commit to paying the licensing fee;

* Demonstrate how to address problem gambling concerns, work force development and community development, and host and nearby municipal impact and mitigation issues;

* Identify infrastructure costs to be incurred by the municipality in direct relation to the construction and operation of a gaming facility, and commit to a community mitigation plan for the host municipality;

* Identify service costs of the host municipality incurred for emergency services in direct relation to the operation of a gaming facility and commit to a community mitigation plan for the host municipality;

* Pay an application fee to defray the licensing costs;

* Comply with state building and fire prevention codes;

* Formulate an affirmative action program of equal opportunity whereby the applicant establishes specific goals for the utilization of minorities, women and veterans on construction jobs.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Newscast

Most Popular

    Rensselaer casino interests seeking support from Montgomery County
    Wednesday, August 27, 2014

    Police reports
    Saturday, August 30, 2014

    Montgomery County loses one of its champions
    Wednesday, August 27, 2014

    What should it be? Future of Muni is up for debate
    Thursday, August 28, 2014

    As another school year dawns, the community lends a hand
    Thursday, August 28, 2014

    Ring of Fire to light up the lake
    Thursday, August 28, 2014

    Two city schools are doing lunch
    Friday, August 29, 2014

    Eight new starters take over B-P defense
    Friday, August 29, 2014

    Record crowd opens the fair
    Wednesday, August 27, 2014

    Beating the storms NY Rising final plan is outlined
    Monday, September 01, 2014

Advertisement

Copyright © Port Jackson Media, LLC.

Privacy Policies: Recorder

Contact Us

Twitter

Instagram

Facebook