RESOLUTION NO. ________ - 2025
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RESOLUTION APPROVING COMMUNITY BENEFITS AGREEMENT WITH MGM YONKERS, INC
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WHEREAS, MGM Empire City has submitted an application to the New York Gaming Facility Board for a casino gaming license;
WHEREAS, award of a casino gaming license would spur a transformative redevelopment of Empire City Casino, located at 810 Yonkers Avenue, Yonkers, NY, including, among other things, a significant expansion of the existing casino, new food and beverage facilities, a new sports book, a new entertainment and meeting venue, a new dealer school and human resources/administrative building, and a new structured parking garage (collectively, the “Project”); and
WHEREAS, the City of Yonkers (the “City”) and MGM Yonkers, Inc (“MGM”) desire to enter into a community benefits agreement that increases and tailors MGM’s investment in the City in order to amplify the substantial benefits of the Project to the City, further mitigate any negative impacts associated with the Project, and bolster the success of the Project.
NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby approves a community benefits agreement between the City and MGM on terms substantially similar to those set forth in Appendix A.