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92-263 RESOLUTION REAFFIRMING ELGIN RIVERBOAT RESORT IN ELGIN, ILLINOIS WHEREAS, the City of Elgin has approved by resolution dated November 13, 1991, the location by Peter Simon, Michael Ensign, William Richardson and David Belding, d/b/a Elgin Riverboat Resort, of a riverboat gaming facility on the Fox River within the corporate limits of Elgin; and WHEREAS, the City has entered into a development Agreement with Elgin Riverboat Resort, a partnership consisting of Peter Simon, Michael Ensign, William Richardson and David Belding; and WHEREAS, the City of Elgin has previously refused to entertain a request by Mirage Resorts, Inc. , to locate a riverboat operation in the corporate limits of the City of Elgin; and WHEREAS, the City has learned that Mirage Resorts, Inc. , has filed an application to operate a riverboat gaming operation within the corporate limits of the City of Elgin with the Illinois Gaming Board for a riverboat gaming license; fek NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the City of Elgin hereby reaffirms that Peter Simon, Michael Ensign, William Richardson and David Belding, d/b/a Elgin Riverboat Resort, is the approved and accepted riverboat gaming operator for an operation to be conducted within the corporate limits of the City of Elgin; and FURTHER, that the City of Elgin will refuse to accept or approve the Mirage Resorts, Inc. , as a riverboat gaming operator in the City of Elgin, even if they become a licensee. FURTHER, that the City of Elgin does hereby request and encourage the Illinois Gaming Board to issue a license to Peter Simon, Michael Ensign, William Richardson and David Belding, d/b/a Elgin Riverboat Resort, to operate a riverboat gaming operation in the City of Elgin at the earliest opportunity when such license is available. Dated this 14th day of October, 1992 . s/ George VanDeVoorde George VanDeVoorde, Mayor 100- Presented: October 14, 1992 Adopted: October 14, 1992 Vote: Yeas 5 Nays 2 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk few