We could have had a baseball stadium with this
deal too. What a putz.
http://bend.com/news/ar_view.php?ar_id=22036Gov. signs compact with Warm Springs Tribes
Creates jobs, educational funds, environmental protections
Bend.com news sources
Posted: Wednesday, April 6, 2005 11:23 AM
CASCADE LOCKS - Governor Ted Kulongoski today signed a renegotiated tribal-state compact with the Confederated Tribes of the Warm Springs. The compact includes: an unprecedented revenue-sharing agreement; and requires the creation of two new funds: one of which will be dedicated to environmental protection, economic development and higher education opportunities, and the other which will be dedicated to charitable organizations throughout the state.
The new casino will create hundreds of family wage union jobs during construction and will support more than a thousand jobs in Cascade Locks once the facility is opened.
The Warm Springs Tribe has agreed to share seventeen percent of its Gross Gaming Revenue annually with the citizens of Oregon, which is the first time in Oregon history such an agreement has been negotiated. Under the agreement, the Tribe will deposit monies annually into a non-profit entity called the Oregon Benefit Fund, which will be managed by an independent board. Five to ten percent of the funds will be used for environmental purposes in the Columbia River Gorge. Another five percent may be used for economic development, and the remainder will be used for direct student assistance for postsecondary education in Oregon.