PDA

View Full Version : State of ME screwing up 131 Million Hollywood Slots Project


portlandneedsnewarena
05-08-2007, 08:07 AM
Penn National threatens to halt slots construction. The State going back on it's word wants to increase the amount of tax they had agreed upon so that they can help balance the state budget. IDIOTS!
Penn National is not going to assign the construction contract to Cianbro until this is resolved.
The head of Cianbro said Monday that the state was jeopardizing other potential business investments in Maine w/ its actions.
"The biggest crime and the biggest problem that could come out of this is that we will be sending a clear message that in Maine, we don't keep our word on economic development projects", said Peter Vigue, president and CEO of the Pittsfield based Cianbro.
The total value of the project is $131 million. 7 story hotel, Restaurant, large parking garage and gaming (slots) facility.
Much more info in the article at www.bangordailynews.com .
This State screws everything up! Very frustrating! The fools in Augusta just don't see the big picture. :x