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Wood Village Casino Files Ballot Initiatives for 2008 Election

The Lake Oswego duo behind a proposed Wood Village casino has filed two sets of proposed initiatives for the November 2008 election.

Matthew Rossman and Bruce Studer hoped to bring the issue before voters in 2006, but withdrew their measures after deciding they did not have enough time to collect the necessary signatures to get the initiatives on the ballot.

The proposed measures, which are known as Parts 1 and 2 of the Oregon Revenue Enhancement and Protection Act of 2008, consist of two pairs of statutory and constitutional measures.

The statutory measures are identical, and if approved, will authorize the formation of a single commercial, taxable resort casino. Although they differ in the way the profits are divided, the two versions of the proposed statutory measures would repeal Oregon's ban on non-tribal casinos and allow project proponents to build a casino and entertainment center at the site of the former Multnomah Greyhound Park.

Although casino proponents would have liked to see the issue on the ballot in 2006, Studer believes pushing back the vote will allow voters to learn more about the opportunities and risks involved in operating a casino, and help them make informed decisions.

Studer and Rossman hope to reveal the names of the casino's ownership group by the end of they year.