Comments on: About that road work …

By: Is it over now? | Bellicose Bumpkin

Is it over now? | Bellicose Bumpkin — Fri, 29 Jan 2010 11:57:47 +0000

[...] not. We were told that the tribe would do $260M in infrastructure improvements – they won’t. We were told that the tribe was going to build a “five star resort that happens to have a [...]

By: FrankD

FrankD — Sat, 05 Dec 2009 18:53:29 +0000

Emsie,……. The “so called” previous investors do not hold title to all the land. 125 + / – acres of land is listed as being owned by Herb Strather (Detroit investor). The remaining land is, and always has been, under option to purchase. There is usually a small fee to hold the land under option that the landowner recoups when the deal is severed. my guess is a new deal (option or sale) will get put in place with the new “fat cats” and landowners. If the “Land Into Trust” ever comes to fruition, the Investors purchase the land, turn it over to the Tribe, and the Tribe in essence turns it over to “Big Brother”, who lets them use it !
There is no price tag today or tomorrow that should be considered !

By: bumpkin

bumpkin — Sat, 05 Dec 2009 15:56:46 +0000

Land ownership will be decided by what ever agreements the old and new investors come up with.

Kerzner etal own a stake of the tribe’s casino(that’s not coming). The new investors will buy that stake and presumably that land. Or maybe the land will be left with TCAM until/unless the land-into-trust happens(which it’s not).

It’s all speculation until the details are revealed.

By: Emsie

Emsie — Sat, 05 Dec 2009 14:04:21 +0000

I still don’t understand how the land ownership changes. Don’t the previous investors hold the title to the land? Why would they relinquish it to the new investors? Do they HAVE to relinquish to the new investors? As I understand it at the very least, the tribe does not own the land, but rather the original investors do, hence my lack of confidence that all agreements between all parties will be honored, especially since the relationship between the Tribe & the first investors went to h**l in a handbasket. In my opinion, I think so many aspects of the IGA have significantly changed, it would be malfeasance on the part of the BOS to not renegotiate.

By: bumpkin

bumpkin — Sat, 05 Dec 2009 04:00:47 +0000

Allin is totally correct. The EIS(Environmental Impact Study) is a complete joke. You can’t look at impacts without knowing *exactly* what the facility will be.

When Foxwoods opened, it was a tin shack bingo hall. Ten years later it was the largest casino in the world. The environmental considerations have to include what *may* be built in addition to what is *planned* to be built.

By: Allin Frawley

Allin Frawley — Sat, 05 Dec 2009 02:28:28 +0000

We also seem to be back to the “Full Resort Model” again also.
How many times is this project going to change?
How can a environmental impact study possibly reflect this ‘Resort’ if no one not even the tribe knows what is going to be built?

By: Riverside

Riverside — Sat, 05 Dec 2009 01:48:22 +0000

By the looks of things, if the casino were ever to be built, the profits will be heading off to China, while we (Middleborough) will be getting pennies on the dollar. That’s just great for our state and country! BOS, dump the deal now!!