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MCRI > SEC Filings for MCRI > Form 8-K on 11-Apr-2013All Recent SEC Filings

Show all filings for MONARCH CASINO & RESORT INC | Request a Trial to NEW EDGAR Online Pro



Other Events

Item 8.01 Other Events.

On April 10, 2013, the Black Hawk City Council approved Monarch Casino and Resort, Inc.'s (the "Company") Planned Unit Development ("PUD") master plan application to rezone the Company's two land parcels (collectively, the "Site") in Black Hawk, Colorado. The Company's Riviera Black Hawk Casino is located on one of the parcels and the other parcel is undeveloped. The PUD, subject to certain conditions, allows for the master planned resort development of an expanded casino, a new hotel tower, a new parking structure and other associated ancillary uses on the Site.

Specifically, the PUD allows for a 335 foot hotel tower with 507 guest rooms and suites, a resort quality spa and pool facility, an approximate doubling of the existing casino space, four restaurants, additional bars, associated support facilities and a new ten story parking structure, that together with other facility parking, provides 1,551 parking spaces.

Among other conditions, the PUD is subject to Black Hawk City Council approval of a Site Development Plan and Certificates of Appropriateness for the construction of the Site improvements, demolition of the existing parking garage and the renovation of the exterior of the existing casino.

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