Casino developers to send lease agreement with city to commission
Published: February 1,2012
Tags: amendment, casinos, Commercial Real Estate, construction, Conventions, gamblers, gambling, gaming, hospitality, hotels, lease, lodging, meetings, municipal government, real estate, restaurants, state government, tourism, tourists, visitors
NATCHEZ — Roth Hill casino developers have been asked to send a copy of their finalized lease with the city of Natchez to the gaming commission because the recently proposed lease amendment ties the lease to the funding of the casino.
The Mississippi Gaming Commission deputy director Eddie Williams tells The Natchez Democrat Natchez Gaming Enterprises, LLC is not required to send the lease as a part of its finalized funding documents that must be submitted by Feb. 24.
Williams said the commission requested a copy because the recently proposed lease amendment names Levine Leichtman Capital Partners Inc., one of the casino’s investors.
Williams said the commission will not be approving or controlling the lease itself because it is between the city and the developers.
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