{"id":403618,"date":"2023-12-27T14:00:00","date_gmt":"2023-12-27T14:00:00","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=403618"},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T14:00:00","slug":"Deadline-looms-for-IPI-to-pay-62M","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/Deadline-looms-for-IPI-to-pay-62M\/","title":{"rendered":"Deadline looms for IPI to pay $62M"},"content":{"rendered":"<p>This coming Saturday is the deadline for Imperial Pacific International (CNMI) LLC to pay some $62 million in casino license fees it owes the CNMI government, but it remains mum on the subject and there is no telling if the casino investor will be able to meet the deadline of the Commonwealth Casino Commission.<\/p>\n<p>IPI director\/manager Howyo Chi said yesterday there\u2019s no update yet about making any payments. He did not elaborate.<\/p>\n<p>The CCC will have its monthly meeting at the Springs Plaza in Gualo Rai this Thursday. Included in the agenda is IPI\u2019s outstanding casino license fees for the past four years\u2014from 2020 to 2023\u2014which is due this Saturday, Dec. 30.<\/p>\n<p>CCC board vice chair Rafael S. Demapan issued the 30-day notice of payment to IP\u2019s Chi last Nov. 30. The CCC board had determined that the reasonable deadline for IPI to pay the 2020, 2021, 2022, and 2023 casino license fees is 30 days from receipt of the notice.<\/p>\n<p>The casino license fee for each year is $15,502,570, for a total of $62,010,280 for the four-year period.<\/p>\n<p>Demapan stated in the 30-day notice that in determining what\u2019s deemed a \u201creasonable time,\u201d the commission considered the CNMI Supreme Court\u2019s ruling in CCC\u2019s lawsuit against IPI.<\/p>\n<p>The CCC board will also discuss during tomorrow\u2019s meeting r IPI\u2019s removal\/dismantling of three cranes at IPI\u2019s casino\/resort project site in western Garapan.<\/p>\n<figure style=\"width: 480px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.saipantribune.com\/wp-content\/uploads\/images\/imgupload\/37b56b97a9148a4a9f2723ea67c2c62e.jpg\" width=\"480\" height=\"360\" \/><figcaption class=\"wp-caption-text\"><\/p>\n<p>The Imperial Pacific International (CNMI) LLC&#8217;s casino\/resort project in western Garapan is seen in this file photo taken\u00a0 a few months ago.<\/p>\n<p>-FERDIE DE LA TORRE<br \/><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This coming Saturday is the deadline for Imperial Pacific International (CNMI) LLC to pay some&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-403618","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/403618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=403618"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/403618\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=403618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=403618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=403618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}