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Michigan Resort May Not Get Slots Soon

3 May 2004

ACME, Michigan – As reported by the Traverse City Record-Eagle: "A wide variety of options would be available to the Grand Traverse Band of Ottawa and Chippewa Indians for future development of the Grand Traverse Resort and Spa, although that does not necessarily mean slot machines and dice tables will be moving in anytime soon.

"Whether the tribe would make significant changes to the resort operation - such as the addition of casino gaming or some other major expansion - may not be determined for several months or even years.

"Tribal officials will have to weigh several factors, ranging from the economy to its relations with local governments to various legal precedents, before any long-term plans for the resort are settled. Tribal officials have been unable to publicly discuss their possibilities for the resort because of a confidentiality agreement in place for several months surrounding the pending sale. But local officials have been following the on-again, off-again reports of the resort's sale to the tribe.

"…The resort had a taxable valuation of slightly more than $11 million last year, ranking it as the seventh-highest generator of property tax revenue in Grand Traverse County. That includes almost $30,000 a year in township taxes, nearly $300,000 in school taxes and more than $58,000 to county coffers…"

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