Agawam signs community agreement with MGM - Western Mass News - WGGB/WSHM
Member Center:
Agawam Mayor Richard Cohen announced an agreement with MGM casino on Friday.
The Surrounding Community Agreement guarantees $2,375,000 over the course of 15 years assuming MGM is granted a license. MGM was the sole casino in Western Massachusetts approved by voters in Springfield.
Other parts of the agreement included MGM paying for legal and consulting expenses incurred by Agawam for studying the impacts and negotiation of the agreement.
Additionally, Agawam could be paid additional money if a consultant determined the casino was causing adverse affects in town. That consultant would be agreed on by the town and MGM. A study would be conducted after one year of operation and after five years.
One of the most important provisions, according to Cohen, was what he called "favored nations" clause. The provision states MGM would not enter into a more favorable agreement with another abutting community.
Cohen said the entire process with MGM was very friendly and transparent. He also said it was in the best interests of everyone to work together.
Springfield Mayor Domenic Sarno said the agreement shows that MGM has been very genuine in their commitment, not only to Springfield but to the surrounding communities.
Copyright 2013 WSHM (Meredith Corporation). All rights reserved.
Two people were arrested at a motel parking lot after West Springfield police recovered drugs and drug distribution products from a vehicle Tuesday night.
More >>Two people were arrested at a motel parking lot after West Springfield police recovered drugs and drug distribution products from a vehicle Tuesday night.
More >>After a fire destroyed a Westfield apartment building, many families are trying to rebuild their lives.
More >>After a fire destroyed a Westfield apartment building, many families are trying to rebuild their lives.
More >>Amazon is raising the price of Amazon Prime from $99 to $119 per year.
More >>Amazon is raising the price of Amazon Prime from $99 to $119 per year.
More >>Authorities have identified the person who was shot and killed earlier this week in Springfield.
More >>Authorities have identified the person who was shot and killed earlier this week in Springfield.
More >>After a touch-and-go few days, it appears three dogs found abused and neglected in Wilbraham are going to survive.
More >>After a touch-and-go few days, it appears three dogs found abused and neglected in Wilbraham are going to survive.
More >>A Southwick man claims he was uninvited to speak at a dedication ceremony for veterans and their families at Southwick Regional High School in May.
More >>A Southwick man claims he was uninvited to speak at a dedication ceremony for veterans and their families at Southwick Regional High School in May.
More >>MGM is planning to open its $960 million Massachusetts casino earlier than expected.
More >>MGM is planning to open its $960 million Massachusetts casino earlier than expected.
More >>Investigators have arrested a Ware man who is accused of several rapes in Granby.
More >>Investigators have arrested a Ware man who is accused of several rapes in Granby.
More >>The harsh realities are setting in for families who lost so much in a quick-moving fire Sunday in Westfield.
More >>The harsh realities are setting in for families who lost so much in a quick-moving fire Sunday in Westfield.
More >>The woman accusing Brokaw of alleged sexual misconduct said he groped her and tried to forcibly kiss her back in the 1990s.
More >>The woman accusing Brokaw of alleged sexual misconduct said he groped her and tried to forcibly kiss her back in the 1990s.
More >> | 
|
