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| | Snoqualmie tribe closes loan |
 | | SNOQUALMIE, Washington – (PRESS RELEASE) -- The Snoqualmie Entertainment Authority (the "Authority"), a business enterprise of the Snoqualmie Indian Tribe, a federally recognized Native American Tribe (the "Tribe"), on Friday October 20, 2006 completed the private placement of a new $85,510,000 senior secured term loan (the "Term Loan"). |
 | | Upon transfer of the related deed to the Bureau of Indian Affairs, the approximately 56 acres was put into federal trust and was subsequently proclaimed as the Tribe's Initial Reservation, which clears the way for development of a new casino resort to be operated by the Authority. |
 | | Casino Snoqualmie will be a 165,000 square foot entertainment facility located on the I-90 corridor, approximately 26 miles east of Seattle. |
| www.casinocitytimes.com /news/article.cfm?contentId=162034 (340 words) |
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