Exhibit 10.42
SECOND AMENDMENT TO MASTER
LEASE
THIS SECOND AMENDMENT TO MASTER LEASE
(“Second Amendment”) is made on Sept. 17,
2001, by the City of Boonville, Missouri, a Missouri third class
city (the “City”), and IOC – Boonville, Inc.,
formerly known as Davis Gaming Boonville, Inc., a Nevada
corporation (“Tenant”).
The City and the
Tenant entered into a Master Lease dated , July 18, 1997, which was
amended by the amendment to the Master Lease dated April 19, 1999
(the First Amendment and the Master Lease, as amended by the First
Amendment, shall be referred to as the “Master
Lease”).
Attached to the
Master Lease as Exhibit B is the legal description of the Project
Site, as that term is defined in the Master Lease, as of the date
of the Master Lease. The Master Lease contains a provision
providing that “As additional parcels become part of the
Project Site, the legal description of such parcels will be added
to Exhibit B.”
The
Tenant and the City wish to add certain parcels (legally
described on Exhibit A attached hereto) to Exhibit B and the City
and the Tenant wish to set forth in this Second Amendment the terms
and conditions for adding these parcels.
NOW, THEREFORE ,
for and in consideration of the sum of ten dollars and other good
and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the City and the Tenant agree as
follows:
1. The land described
on Exhibit A is added to the Project Site.
2. The Master Lease is further
amended by deleting the attached “Exhibit B”
that was provided pursuant to the First Amendment and
substituting therefor the Second Revised Exhi