Loading...
HomeMy WebLinkAbout09-1101 GVC Ground Lease • Ab GRAND VICTORIA CASINO EL GIN BN:tv :2112:9 1 June 10, 2009 By City of Elgin 250 Dexter Court Elgin, IL 60120 Attention: City Clerk RE: Renewal of Amended and Restated Ground Lease Agreement ("Agreement") In accordance with the Agreement, Section 25.B., dated January 20, 1994, between the City of Elgin and Elgin Riverboat Resort, Elgin Riverboat Resort is required to provide written notification not later than 180 days prior to expiration of the current term of our intent to exercise the renewal option. Please let this letter serve as notification of Elgin Riverboat Resort's intent to renew the Agreement with the City of Elgin for the second of four successive terms of five year periods. This would effectively extend our lease from November 1, 2009 through October 31, 2014. If you have any questions regarding this letter, please feel free to call me at (847) 531-7600. Respectfully, ELGIN RIVERBOAT RESORT d/b/a Grand Victoria Casino // ja-9-6, Randall C. Roberts Managing Director cc: ERR Executive Committee James Thomason Mayor Edward Schock 250 South Grove Ave • Elgin, Illinois 60120 847.468.7000 • grandvictoria-elgin.com July 30 , 2004 MEMORANDUM TO: Loni Mecum, City Clerk FROM: William A. Cogley, Corporation Counsel SUBJECT: Amended and Restated Ground Lease Agreement Between the City of Elgin and Elgin Riverboat Resort When we spoke yesterday you advised me that you had not received any notice from Elgin Riverboat Resort regarding the tenants exercising the first of the five year renewal options . Attached is a copy of a letter of March 5, 2004 from the General Manager of Elgin Riverboat Resort , Mr. Randall Roberts, to you providing for such lease extension. WAC mg Attachment cc : Jim Nowicki (w/attach. ) t G1::1\1, 111 '10E1,1 March 5, 2004 • City of Elgin • 150 Dexter Court Elgin,IL 60120 Attn: City Clerk • Under Section 25 B. of the Amended and Restated Ground Luse Agreement ("Agreement"), the Elgin Riverboat Resort("ERR")is required to give written notification to the City of Elgin("City")of our intent to exercise any renewal option. This notification must be given 180 days prior to the expiration of the current Lease. MO SOUTH GROVE . Please let this letter serve as notification of our intent to renew our lease with AVENUE the City for the first of the four successive terms of five year periods. This ELGIN would effectivel £ itsa �adi �': t .th '''' ILLINOIS 4o12o If you should have any questions,please feel free to call me at(847) 531- 7600. 147-4611-71100 FAX: Respectfully, 1147-468-71130 .r., ELGIN RIVERBOAT RESORT d/b/a GRAND VICTORIA CASINO A kiwi/ft Rawl doq /eliZa Randall C.Roberts General Manager cc: GVC Executive Committee Mr. Gregg Solomon Mr.Richard Schulze Mr.Philip'Cayman,Esq. Ms.Laura Westheimer Sletout Wiperjc Inligir • If you or Comeau you know has a;ambling problem,call 1.800.0AMDL3t • (101 GRAND VICTORIA CASINO EL GIN June 10, 2009 City of Elgin 250 Dexter Court Elgin, IL 60120 Attention: City Clerk RE: Renewal of Amended and Restated Ground Lease Agreement("Agreement") In accordance with the Agreement, Section 25.B., dated January 20, 1994, between the City of Elgin and Elgin Riverboat Resort,Elgin Riverboat Resort is required to provide written notification not later than 180 days prior to expiration of the current term of our intent to exercise the renewal option. Please let this letter serve as notification of Elgin Riverboat Resort's intent to renew the Agreement with the City of Elgin for the second of four successive terms of five year periods. This would effectively extend our lease from November 1,2009 through October 31,2014. If you have any questions regarding this letter,please feel free to call me at(847) 531-7600. Respectfully, ELGIN RIVERBOAT RESORT d/b/a Grand Victoria Casino / 29-C4/44 ' Randall C. Roberts Managing Director cc: ERR Executive Committee James Thomason Mayor Edward Schack 250 South Grove Ave • Elgin,Illinois 60120 847.468.7000 • grandvictoria-elgin.com