June 10, 1997: NIGC responds to Building Concepts inquire for approval
On June 6, 1997, the National Indian Gaming Commission (NIGC) received a number
of documents from the Bear River Band of Rohnerville Rancheria (Tribe) for a determination
as to whether any of the documents require the approval of the NIGC Chairman. The
documents reviewed include: (1) a Financing and Development Agreement (2) a Loan
Agreement (3) a Master Lease (4) a Participating Lease (5) an Assignment of Rents and
Leases and (6) an Adjustable Rate Promissory Note. We conclude that the Financing and
Development Agreement contains several management provisions and thus constitutes a
management agreement, requiring the approval of the NIGC Chairman. The Loan
Agreement is collateral to the management contract and also requires approval. -
NIGC.pdf — PDF document, 4.74 MB (4973344 bytes)
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