reaching an agreement whereby the Tribe would "buy-out" all of Pan Am's interest in the business lease. With that in mind, the parties hereby agree that the execution of an agreement between the Tribe and Pan Am, by December 31, 1983, whereby Pan Am releases all of its rights to conduct Bingo Operations on the Property, is a condition precedent to any of the duties and obligations which would arise between the parties under this Agreement. The parties further acknowledge that part of the Tribe's termination agreement with Pan Am calls for payment of certain sums of money, totalling Five Hundred and Fifty Thousand Dollars ($550,000). In this connection, the Tribe and the Contractor-Manager hereby agree that the Contractor-Manager will remit this amount of money on the order of the Tribe, in order first to satisfy the aforementioned obligation to Pan Am, on or before December 31, 1983. (13) Arbitration. Any controversy or claim arising out of or relating to this contract, or the breach thereof, shall be settled by arbitration in accordance with the arbitration rules of the American Arbitration Association, and judgment upon the action rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. (14) Successors and Assigns. This Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and assigns, provided that neither party shall assign its interests in this Agreement without the written consent of the other. PASCUA YAQUI BINGO LEGAL DESCRIPTION Exhibit "A" A parcel of land on the Pascua Yaqui Indian Reservation, located in the northeast one-quarter of Section 21, T. 15 S., R. 12 E., G&SRBEM, Pima County, Arizona. The said parcel, as shown on the attached map is more particularly described as follows: Beginning at the northeast corner of said Section 24; thence S.00 00 41"W., along the east reservation boundary 322.67 fect to a point; thence N. 89°59'19"W., 75.00 feet to a corner No. 1 (the true point of beginning), which, on the westerly right-of-way line of Camino De Oeste; thence S.00°00'41"W., along the said right-of-way line 94.11 feet to corner No. 2; thence N.89°59′19′′W., 113.00 feet to corner No. 3; thence S.00°00'41"W., 313.00 to corner No. 4; thence N. 59°59′19′′W., 343.00 feet to corner No. 5: thence N.00 00'41"E., 680.52 feet to corner No. 6; thence N.°31′12′′E., 46.52 feet to corner No. 7; thence S.56°15′00′′E., 192.42 feet to corner No. 1 (the true point of beginning). The said parcel contains 5.03 acres, more or less. Included within the above described parcel is an alley. 20 feet in width, that is to be retained as a utility easement. The said alley, as shown on the attached map, is more particularly described as follows: Beginning at the southeast corner (corner No. 4) of the said Mr. Chairman and members of the Committee: My name is David W. Anderson, I am Chief Executive Officer of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians. I am pleased to be here today to present the views of the Lac Courte Oreilles tribe regarding the "Indian Gambling Control Act" H.R. 4566. We would like to commend the sponsors of this important measure and to Chairman Udall. In addition we would also like to recgnize the efforts of the National Task Force On Indian Gaming. The Lac Courte Oreilles tribe is located in northwestern Wisconsin and has operated for the last five years a competely tribally owned and operated bingo game. My tribe's experience with bingo operations and concern for the future of our bingo operation causes us to support the underlying purpose and intent of the Indian Gambling Control Act H.R. 4566 with the admendments as proposed by the National Task Force On Indian Gaming. |