.

Still No Deal Between Foxboro and Penn National

Despite deals with Mansfield, Wrentham, and North Attleboro, Foxboro still remains the only town boarding Plainville without an agreement deal with Penn National Gaming Inc. to mitigate any of the impact caused by a slots parlor at Plainridge Racecourse.

Unlike other agreements with surround towns, the one for Foxboro would call Penn National to put money a fund to pay for the costs of the impacts the town might see from a racino. The amount to be put into the escrow account has not been agreed upon.

Town Council Dick Gellerman has asked for $250,000 to be placed into the account.

“I think that’s a reasonable amount considering the racino committee has quantified nearly $1 million in potential costs,” Gellerman said.

Penn National however, believe $100,000 should go into the account.

While the fund is for easy quick access if the impact can be quantified, Penn National would be responsible for any impact even if the cost is above the value of the escrow fund.

Selectman John Gray said he thinks the town should be asking for $400,000.

“Even $250,000 seems low. From the town’s prospective it would seem we would want more not knowing what we’re going to get in mitigation. In my judgement the number is well more than $250,000,” Gray said.

While Penn National development vice president Alex Stolyar has said they believe there won’t be any impact to Foxboro, they are open to mitigation if the town believes there is.

“We have done our impact studies. We have hired firms to do impact studies on our facility and they have determined no impact on Foxboro. We're saying we're going to open, look at the actual impact but whatever timeframe you can establish a documented and verifiable impact, then we will mitigate for that,” Stolyar said.

With an effort to repeal gaming legislation through a ballot question gaining momentum statewide, Stolyar said the initiative did not worry him, citing the Attorney General's office questioning the legality of the petition's goal.

A template does exist for a surrounding community agreement but negotiations between Penn National and the town are still ongoing. 

If awarded the license, Planridge Racecourse would be home to 1,250 slot machines. The Massachusetts Gaming Commission is expected to award the slots license in January or in February if the surrounding community agreement remains unsigned by next month.

Janet Kennedy December 13, 2013 at 08:22 AM
That 1 million was never voted by the racino group I have called the selectman to see who changed the amount submitted . And none have responded. Daniel thanks for writing the story
Steve December 13, 2013 at 09:22 AM
I'm not up to speed on this whole issue, but if that is true, Janet, it is troubling. Are there minutes form the racino group?
Janet Kennedy December 13, 2013 at 09:45 AM
Yes at the town hall
Steve December 13, 2013 at 02:05 PM
were you on the committee? What was the amount suggested by the committee?
Janet Kennedy December 13, 2013 at 02:31 PM
Yes the figure was around 6 what bugs me was that someone change it to million As I said to the group people gamble now in foxboro with the lottery . I also said that foxboro is no different then any other town
poor old lady December 14, 2013 at 06:28 PM
As usual Foxboro looking silly...
Deborah A Stewart December 15, 2013 at 01:56 PM
I have a question for clarification please. It is my understand that if Foxboro does not come to an agreement with Plainridge it will go to arbitration and we might not get even the 600K they want. Do I have ti correct information? Seems to me a bird in the hand is better than 2 in the bush in this situation.
Janet Kennedy December 16, 2013 at 07:53 PM
Yes that is true den

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something