Marysville Appeal-Democrat

Hard Rock involved in casino site

Tribe seeks to issue $440 million in bonds to finance Yuba County hotel and gaming complex

- By Jake Abbott jabbott@appealdemo­crat.com

The Enterprise Developmen­t Authority, an agency of the Estom

WASHINGTON – In a victory for privacy in the digital era, the Supreme Court ruled Friday that the Constituti­on protects tracking data from a cellphone, requiring police to have a search warrant to obtain cell tower records that can show a person’s movement over days or weeks.

The justices, by a 5-4 vote, said the Fourth Amendment protects the tracking data, even though these records are collected and held by a private company, not by the individual who is the target of the search. Yumeka Maidu Tribe of the Enterprise Rancheria, has plans to issue $440 million in collateral­backed bonds to finance the constructi­on of a Hard Rock Hotel & Casino in Yuba County.

The plans were revealed in a recent credit rating released by S&P Global that stated the authority was in partnershi­p with Hard Rock Internatio­nal.

The report stated that the Enterprise Developmen­t Authority plans on using the senior secured notes, along with $12 million in new subordinat­ed loans, to fund the developmen­t and constructi­on of a Hard Rock Hotel & Casino, establish a funded interest reserve, fund pre-opening operating costs and cage cash, and fund transactio­n fees and expenses.

S&P Global gave Enterprise Developmen­t Authority a “B –” issuer and issue-level credit rating.

“The positive outlook reflects

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