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NY, Seneca make offer for land

21 November 2006

NIAGARA FALLS, New York – As reported by the Buffalo News: "The state, on behalf of Seneca Gaming Corp., is offering $2.6 million to City Hall for portions of five downtown streets and two alleys near the Seneca Niagara Casino & Hotel.

"Acting Corporation Counsel Damon DeCastro will recommend during tonight's City Council meeting that the city reject the offer as 'payment in full' but keep it as 'advance payment.' A final price for the property would then be decided by a trial in State Supreme Court in Niagara County, DeCastro said.

"The mayor said the city's legal department is comparing the value of land in the area to make sure the city gets the best price, but could not say whether revenue from the sale would go into the city's general fund or to the city's Urban Renewal Agency.

"The state seized the 17-acre Fallsville Splash Park and parking lot property on John B. Daly Boulevard under a similar arrangement in July. That property was assessed at $8.5 million by the city. Under its 2000 compact with New York, the Seneca Nation of Indians was promised a 50-acre area bounded by Niagara and Third streets, and Rainbow and John B. Daly boulevards for gaming operations. The Senecas opened a gaming hall in the former Niagara Falls Convention & Civic Center on New Year's Eve 2002 and a 26-story hotel late last year…"

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