Black Hawk Gaming & Development Company Announces Closing of $6 Million Financing.BLACK HAWK Black Hawk (born 1767, Sauk Sautenuk, Va.—died Oct. 3, 1838, village on the Des Moines River, Iowa, U.S.) Sauk Indian leader. Long antagonistic to whites, Black Hawk was driven into Iowa from Illinois in 1831. , Colo.--(BUSINESS WIRE)--March 23, 1999--Black Hawk Gaming & Development Company, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NMS See NetWare Management System. : BHWK), operator and owner of the Gilpin Hotel Casino and The Lodge Casino at Black Hawk, both in Black Hawk, Colorado For other uses of Blackhawk/Black Hawk, see Black Hawk. The historic City of Black Hawk is a Home Rule Municipality in Gilpin County, Colorado, United States. The city population was 118 at U.S. Census 2000, making Black Hawk the least populous city in Colorado. , today announced the closing of a $6 million bond financing. The issuer of the bonds is the Black Hawk Business Improvement District, which is a quasi-municipal corporation and political subdivision of the State of Colorado, organized for the purpose, among others, of providing financing for public improvements, and services that primarily benefit the commercial properties within the District. The District consists of three parcels of property owned by Black Hawk/Jacobs Entertainment, L.L.C. and comprising the site of The Lodge Casino at Black Hawk. The cost of the improvements to be financed with the proceeds of the bonds, as well as the cost of issuing the bonds, will be assessed against the Lodge properties. The bonds are series bonds issued in the aggregate principal amount of $6 million and were placed by American Frontier Financial Corporation. The bonds carry an interest rate varying between 6.25% and 6.5% and mature at various times up to and including December of 2011. Stephen R. Roark, president and chief financial officer of Black Hawk Gaming & Development Company, Inc. said, "Our intent is to use this low cost financing to pay down on our existing debt with Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank, which is at a slightly higher interest rate. These bonds offer us very attractive interest rates and will serve to reduce our overall financing costs for future periods." The combined operations For the department of the British War Office during World War II, see . In the military, combined operations are operations conducted by forces of two or more allied nations acting together for the accomplishment of a single mission. See also
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