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Glendale close to hitting casino jackpot — 3TV » West Valley Opportunity

Glendale close to hitting casino jackpot — 3TV

GLENDALE, Ariz. — After five years of debate and dissention, the Glendale City Council took a step toward approving a new resort casino Wednesday, rolling out a proposed agreement between the city and the Tohono O’odham Nation.

The city council will vote Tuesday on whether to approve the 17-page agreement with the Nation.

If approved, the Nation will pay the city of Glendale a total of $24 million over the course of the next 20 years: $1.4 million a year through the year 2026, and $900,000 a year after that.

The Nation also agrees to cover its own development and infrastructure costs and will pay for use of the City of Glendale’s water source.

Click here to read the full news story and watch the TV report at azfamily.com.