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GERS Board Authorizes Administrator to File for Gaming License

(Thursday, November 20, 2014)
In the Regular Meeting of the GERS Board held on Thursday, November 20, Trustees voted unanimously to authorize Carambola Northwest, LLC through the Administrator, to file an application for a Gaming License for Carambola Beach Resort and Spa.

In the Regular Meeting of the GERS Board held on Thursday, November 20, Trustees voted unanimously to authorize Carambola Northwest, LLC through the Administrator, to file an application for a Gaming License for Carambola Beach Resort and Spa.

The Board also took the following actions: 

  • Approved the FY 2015 Budget which includes the revised and supplemental budget.
  • Pursuant to the authority vested on the Board of Trustees in accordance with the Reform Act, approved a motion to increase Tier 1 employees’ contribution rate at one percent (1%) per year for 3 years and to increase the employer rate at three percent (3%), effective January 1, 2015.

All Board Members were in attendance at Thursday’s meeting.

Click here to view this press release in PDF.