CASINO PROJECTS

|
THE BENEFITS
STERLING FOREST RESORT
Developer: Genting Americas
(operating as RW Orange County LLC)
Location: Town of Tuxedo
Project investment: $1.5 billion
9 3 2 5 1 4 7 6 8
NA None NA
NA
NA
NA TBA TBA $8 million
NA NA NA
$1 million each to Maybrook,
Montgomery and Walden.
NA
NA
NA
NA
NA Plans to apply for property tax breaks. Has received property tax breaks for
project initially approved as a racino/
resort.
NA NA NA
None $2 million for gymnasium and aquatic
center, plus additional $10 million.
An estimated $400,000 for court
renovation/expansion.
None Pay all costs of roads necessitated by
the project; also other infrastructure
(water, sewer, electric, etc.)
NA NA NA NA
NA NA NA
NA NA
Owner has been paying taxes on
site during approval process.
Owner has been paying taxes on
site during approval process.
NA
NA NA
Mitigation measures identifed in envi-
ronmental review process.
Mitigation measures identifed in envi-
ronmental review process.
NA
NA
NA
NA NA NA
Pay off $160,000 water and sewer
debts by previous owner
$1 million for capital improvements
or equipment purchases.
An estimated $596,000 for eight
police cars and two motorcycles.
OCCR will pay for constructing water
and sewer infrastructure for the
project. Will dedicate both water and
sewer infrastructure to village but has
option to run it privately.
Up to $5.5 million for improvements to
sewage treatment plant.
Estimated $350,000 over fve years
for Ellenville Fire District.
Pay the cost of new police vehicles,
fretrucks and full-time personnel
necessitated by the project.
$2.25 million nonrefundable for public
safety service needs.
$500,000 each for police, fre and
EMS services. $3.1 million for new
police headquarters and academy.
None NA
NA
NA
NA Saratoga will pay a sumequal to 15%
of the towns host fee to the city
NA
NA NA
None
NA
None $1 million per year for four years.
Will pay all upfront cost for construc-
tion of Exit 15B on the Thruway as
well as interchanges on Route 17 and
17A. Will also pay for any roadway
construction required to improve ac-
cess to the project.
Up to $1 million for improvements to
intersection of Clove Road and Route
208. Will also use part of $23 million
set aside for upgrading. Includes
improvements at the Route 18 and
Route 208 interchange.
At least $20 million for road
improvements.
NA
Buildings
Road projects
Other infrastructure
Public safety
Unrestricted cash
Other
One-time payments
$2.5 million for police, fre and EMS.
$47.5 million for the Town of Tuxedo,
$10 million for Tuxedo Park.
$10 million; includes money for sewer
and water, park and rec fees, other fees.
$1.4 million
$3 million in escrow to pay for consul-
tants, $340,000 for Tuxedo School
District, sponsorship of Tuxedo High
School ski teamand Tuxedo Ridge ski
team, and college scholarships for
Tuxedo students who meet eligibility
criteria.
$150,000 for gambling, alcohol and
drug addiction treatment; $30,000
for security cameras at the Joseph Y.
Resnick Airport.
Funding for economic development
and historic preservation of Maybrook,
Montgomery and Walden; funding for
economic development initiatives that
support vulnerable populations; and
discounts for town residents for use of
project facilities.
Will pay for all legal costs of HCA,
SEQRA, and consultants. OCCR has
already deposited $80,000 in escrow
for this purpose and will maintain a
$40,000 balance in the account.
Will pay for all legal costs of SEQRA and
consultants.
$1.9 million for sewage treatment
and ambulance costs; up to $1.2
million for recreational facilities; up
to $2.4 million for fretrucks and
equipment; a new well costing an es-
timated $700,000; two sports felds
(unspecifed cost).
NA Up to $100,00 a year for a full-time
Ellenville police DARE offcer and a
community education specialist.
The town will share 15%of its host fee
with the City of Newburgh, money for
public safety and law enforcement
OCCR will make up the difference for
extra policing costs if they exceed the
villages gaming revenue share.
An estimated $2.8 million (plus 3%)
per year to town for 15 police offcers
and six dispatchers.
NA
None None None Seeking $87.5 million in property-tax
relief over 15 years, and $18.4 million
in breaks on mortgage-recording,
sales and use taxes.
None None None
Annual payments
Property taxes
Share of gaming revenue
Public safety
Unrestricted cash
Other
Gauranteed minimum
$3.5 million a year.
Proposes to pay current tax bill of
$165,000 per year initially; then $3 mil-
lion a year in lieu of taxes for fve years;
then $6 million annually for next fve
years; then $12 million in annual taxes.
$4.7 million to town; $13 million to
Valley Central School District.
$15 million, including $10 million for
the Newburgh School District.
Unspecifed An estimated $19 million per year.
Gauranteed minimumof
$7.4 million.
$5.2 million per year (fgure includes
permit fees and other payments to town)
Between $5 million and $10 million. As set by the 2013 Upstate New York
Gaming Economic Development Act.
An estimated $10 million per year.
If the Monroe-Woodbury School
District does not provide half of what
it receives in school taxes fromthe
project to the Tuxedo School District,
Genting will pay it.
$75,000 per year to Wawarsing
Town Court; $25,000 per year to
Ellenville court; $50,000 per year to
the Ellenville/Wawarsing Chamber of
Commerce.
College scholarships and internship
programs for students who are town
residents and meet eligibility require-
ments to be established.
Will give preference to locals for con-
struction and permenant jobs, and to
local vendors.
$2.5 million for economic development;
$1 million for Cornwall and Newburgh
school districts; payment for casino
water use at $4,532.09/million gal-
lons when town exceeds its per capita
allocation.
$130,000 (plus 3%) per year for
two clerks and an assessor; nearly
$100,000 (plus 3%) a year for court
personnel; $100,000 annual impact
fee (plus 2.5%); $100,000 for addic-
tion treatment (plus 2.5%); $15,000
per year for civic groups; $10,000
per year to Woodbury Chamber
of Commerce; $5,000 per year to
Friendly Visitor Program.
Givebacks
Tax breaks
Other
THE NEVELE RESORT,
CASINO & SPA
Developer: Nevele Investors, LLC
Location: Town of Wawarsing
Project investment: $400 million
MOHEGAN SUN AT
THE CONCORD
Developer: Louis Cappelli
Location: Town of Thompson
Project investment: $550 million
HUDSON VALLEY CASINO
& RESORT
Developers: Saratoga Casino and
Raceway and Rush Street Gaming
Location: Town of Newburgh
Project investment: $670 million
ADELAAR/MONTREIGN
RESORT CASINO
Developer: Empire Resorts
Location: Town of Thompson
Project investment: Three scenarios
ranging $172 million to $1.1 billion
RESORTS WORLD
HUDSON VALLEY
Developer: Genting Americas
Location: Town of Montgomery
Project investment: $750 million
LIVE! CASINO & HOTEL NEW YORK
Developers: The Cordish Cos. and
Penn National Gaming (operating as
OCCR)
Location : South Blooming Grove
Project investment: $750 million
GRAND HUDSON RESORT
AND CASINO
Developer: Greenetrack Inc.
Location: New Windsor
Project investment: $400 million
CAESARS NEW YORK
Developer: Caesars Entertainment
Location: Town and village of
Woodbury
Project investment: $880 million
n The deals
The financial and social
benefits that casino
applicants are offering, based
on the executive summaries
provided to the N.Y. State
Gaming Commission and Host
Community Agreements.
$200,000 to Beacon and $175,000 to
Middletown each year for seven years.
Annual payments for seven years of
$125,000 to the Marlboro schools, and
$100,000 to Valley Central and Wallkill
schools. $25,000 annually to educa-
tional foundations for seven years.
CASINO PROJECTS
|
THE BENEFITS
STERLING FOREST RESORT
Developer: Genting Americas
(operating as RW Orange County LLC)
Location: Town of Tuxedo
Project investment: $1.5 billion
9 3 2 5 1 4 7 6 8
NA None NA
NA
NA
NA TBA TBA $8 million
NA NA NA
$1 million each to Maybrook,
Montgomery and Walden.
NA
NA
NA
NA
NA Plans to apply for property tax breaks. Has received property tax breaks for
project initially approved as a racino/
resort.
NA NA NA
None $2 million for gymnasium and aquatic
center, plus additional $10 million.
An estimated $400,000 for court
renovation/expansion.
None Pay all costs of roads necessitated by
the project; also other infrastructure
(water, sewer, electric, etc.)
NA NA NA NA
NA NA NA
NA NA
Owner has been paying taxes on
site during approval process.
Owner has been paying taxes on
site during approval process.
NA
NA NA
Mitigation measures identifed in envi-
ronmental review process.
Mitigation measures identifed in envi-
ronmental review process.
NA
NA
NA
NA NA NA
Pay off $160,000 water and sewer
debts by previous owner
$1 million for capital improvements
or equipment purchases.
An estimated $596,000 for eight
police cars and two motorcycles.
OCCR will pay for constructing water
and sewer infrastructure for the
project. Will dedicate both water and
sewer infrastructure to village but has
option to run it privately.
Up to $5.5 million for improvements to
sewage treatment plant.
Estimated $350,000 over fve years
for Ellenville Fire District.
Pay the cost of new police vehicles,
fretrucks and full-time personnel
necessitated by the project.
$2.25 million nonrefundable for public
safety service needs.
$500,000 each for police, fre and
EMS services. $3.1 million for new
police headquarters and academy.
None NA
NA
NA
NA Saratoga will pay a sumequal to 15%
of the towns host fee to the city
NA
NA NA
None
NA
None $1 million per year for four years.
Will pay all upfront cost for construc-
tion of Exit 15B on the Thruway as
well as interchanges on Route 17 and
17A. Will also pay for any roadway
construction required to improve ac-
cess to the project.
Up to $1 million for improvements to
intersection of Clove Road and Route
208. Will also use part of $23 million
set aside for upgrading. Includes
improvements at the Route 18 and
Route 208 interchange.
At least $20 million for road
improvements.
NA
Buildings
Road projects
Other infrastructure
Public safety
Unrestricted cash
Other
One-time payments
$2.5 million for police, fre and EMS.
$47.5 million for the Town of Tuxedo,
$10 million for Tuxedo Park.
$10 million; includes money for sewer
and water, park and rec fees, other fees.
$1.4 million
$3 million in escrow to pay for consul-
tants, $340,000 for Tuxedo School
District, sponsorship of Tuxedo High
School ski teamand Tuxedo Ridge ski
team, and college scholarships for
Tuxedo students who meet eligibility
criteria.
$150,000 for gambling, alcohol and
drug addiction treatment; $30,000
for security cameras at the Joseph Y.
Resnick Airport.
Funding for economic development
and historic preservation of Maybrook,
Montgomery and Walden; funding for
economic development initiatives that
support vulnerable populations; and
discounts for town residents for use of
project facilities.
Will pay for all legal costs of HCA,
SEQRA, and consultants. OCCR has
already deposited $80,000 in escrow
for this purpose and will maintain a
$40,000 balance in the account.
Will pay for all legal costs of SEQRA and
consultants.
$1.9 million for sewage treatment
and ambulance costs; up to $1.2
million for recreational facilities; up
to $2.4 million for fretrucks and
equipment; a new well costing an es-
timated $700,000; two sports felds
(unspecifed cost).
NA Up to $100,00 a year for a full-time
Ellenville police DARE offcer and a
community education specialist.
The town will share 15%of its host fee
with the City of Newburgh, money for
public safety and law enforcement
OCCR will make up the difference for
extra policing costs if they exceed the
villages gaming revenue share.
An estimated $2.8 million (plus 3%)
per year to town for 15 police offcers
and six dispatchers.
NA
None None None Seeking $87.5 million in property-tax
relief over 15 years, and $18.4 million
in breaks on mortgage-recording,
sales and use taxes.
None None None
Annual payments
Property taxes
Share of gaming revenue
Public safety
Unrestricted cash
Other
Gauranteed minimum
$3.5 million a year.
Proposes to pay current tax bill of
$165,000 per year initially; then $3 mil-
lion a year in lieu of taxes for fve years;
then $6 million annually for next fve
years; then $12 million in annual taxes.
$4.7 million to town; $13 million to
Valley Central School District.
$15 million, including $10 million for
the Newburgh School District.
Unspecifed An estimated $19 million per year.
Gauranteed minimumof
$7.4 million.
$5.2 million per year (fgure includes
permit fees and other payments to town)
Between $5 million and $10 million. As set by the 2013 Upstate New York
Gaming Economic Development Act.
An estimated $10 million per year.
If the Monroe-Woodbury School
District does not provide half of what
it receives in school taxes fromthe
project to the Tuxedo School District,
Genting will pay it.
$75,000 per year to Wawarsing
Town Court; $25,000 per year to
Ellenville court; $50,000 per year to
the Ellenville/Wawarsing Chamber of
Commerce.
College scholarships and internship
programs for students who are town
residents and meet eligibility require-
ments to be established.
Will give preference to locals for con-
struction and permenant jobs, and to
local vendors.
$2.5 million for economic development;
$1 million for Cornwall and Newburgh
school districts; payment for casino
water use at $4,532.09/million gal-
lons when town exceeds its per capita
allocation.
$130,000 (plus 3%) per year for
two clerks and an assessor; nearly
$100,000 (plus 3%) a year for court
personnel; $100,000 annual impact
fee (plus 2.5%); $100,000 for addic-
tion treatment (plus 2.5%); $15,000
per year for civic groups; $10,000
per year to Woodbury Chamber
of Commerce; $5,000 per year to
Friendly Visitor Program.
Givebacks
Tax breaks
Other
THE NEVELE RESORT,
CASINO & SPA
Developer: Nevele Investors, LLC
Location: Town of Wawarsing
Project investment: $400 million
MOHEGAN SUN AT
THE CONCORD
Developer: Louis Cappelli
Location: Town of Thompson
Project investment: $550 million
HUDSON VALLEY CASINO
& RESORT
Developers: Saratoga Casino and
Raceway and Rush Street Gaming
Location: Town of Newburgh
Project investment: $670 million
ADELAAR/MONTREIGN
RESORT CASINO
Developer: Empire Resorts
Location: Town of Thompson
Project investment: Three scenarios
ranging $172 million to $1.1 billion
RESORTS WORLD
HUDSON VALLEY
Developer: Genting Americas
Location: Town of Montgomery
Project investment: $750 million
LIVE! CASINO & HOTEL NEW YORK
Developers: The Cordish Cos. and
Penn National Gaming (operating as
OCCR)
Location : South Blooming Grove
Project investment: $750 million
GRAND HUDSON RESORT
AND CASINO
Developer: Greenetrack Inc.
Location: New Windsor
Project investment: $400 million
CAESARS NEW YORK
Developer: Caesars Entertainment
Location: Town and village of
Woodbury
Project investment: $880 million
n The deals
The financial and social
benefits that casino
applicants are offering, based
on the executive summaries
provided to the N.Y. State
Gaming Commission and Host
Community Agreements.
$200,000 to Beacon and $175,000 to
Middletown each year for seven years.
Annual payments for seven years of
$125,000 to the Marlboro schools, and
$100,000 to Valley Central and Wallkill
schools. $25,000 annually to educa-
tional foundations for seven years.