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EXHIBIT 10.7  

 
 

SIXTH AMENDMENT TO THE
  
  
  AMENDED AND RESTATED DEVELOPMENT AGREEMENT
  
  
  BY AND AMONG
  
  
  THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION
  
  
  OF THE CITY OF
DETROIT AND
  
  
  MGM GRAND DETROIT, L.L.C.    
  

        THIS SIXTH AMENDMENT (the "Sixth Amendment") to that certain Amended and Restated Development Agreement, dated as of April 9, 1998, as amended by the First
Amendment dated June 25, 1998, Second Amendment dated December, 1999, Third Amendment dated November 30, 2000, Fourth Amendment dated November 30, 2001 and Fifth Amendment dated
March 29, 2002 by and among the City of Detroit (the "City"), The Economic Development Corporation of the City of Detroit ("EDC") and MGM Grand Detroit, L.L.C., a Delaware limited liability
company ("Developer") for the City of Detroit Waterfront Reclamation and Casino Development Project (the "Development Agreement") is made on this            day of April 2002 by and
among
the City, EDC and the Developer. 

        WHEREAS,
the City, EDC and Developer have previously entered into the Development Agreement; and 

        WHEREAS,
it is the desire of the parties to enter into this Sixth Amendment to amend certain provisions of the Development Agreement. 

        NOW,
THEREFORE, in consideration of the foregoing premises and the covenants herein contained, the parties agree as follows: 

	1.
	All
capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Development Agreement.

	2.
	Section 2.4(d)
of the Development Agreement is hereby amended by deleting the reference to "April 30, 2002" in such section and substituting in its place "June 15,
2002."

	3.
	Except
as amended by this Sixth Amendment, the Development Agreement is reaffirmed in all respects and shall remain in full force and effect.

	4.
	This
Sixth Amendment shall become effective on the date (the "Amendment Effective Date") on which all of the following have been accomplished: (a) this Sixth Amendment has been
executed by all parties hereto and (b) the City Council has duly approved the last of the following: (i) this Sixth Amendment; and (ii) a sixth amendment to the amended and
restated development agreements of each of the Other Land-Based Casino Developers containing substantially the same terms and conditions as set forth in this Sixth Amendment.

	5.
	This
Sixth Amendment may be executed in counterparts, each of which shall be deemed to be an original document and together shall constitute one instrument. 

        IN
WITNESS WHEREOF, the parties hereto have set their hands and had their seals affixed on the dates set forth after their respective signatures. 

	 	 	CITY OF DETROIT,

a municipal corporation
	

 	
 	

By:	

/s/  KWAME M. KILPATRICK      

	 	 	Its:	        

	 	 	 	 
	

 	
 	

THE ECONOMIC DEVELOPMENT

CORPORATION OF THE CITY OF DETROIT,

a Michigan public body corporate
	

 	
 	

By:	

/s/  ART PAPAPANOS      

	 	 	Its:	Authorized Agent

	

 	
 	

By:	

/s/  BRIAN J. HOLDWICK      

	 	 	Its:	Authorized Agent

	 	 	 	 
	

 	
 	

MGM GRAND DETROIT, LLC

a Delaware limited liability company
	

 	
 	

By:	

/s/  JOHN REDMOND      

	 	 	Its:	Chairman

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SIXTH AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT BY AND AMONG THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF DETROIT AND MGM GRAND DETROIT, L.L.C.QuickLinks
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EXHIBIT 10.8  

 
 

SEVENTH AMENDMENT TO THE
  
  
  AMENDED AND RESTATED DEVELOPMENT AGREEMENT
  
  
  BY AND AMONG
  
  
  THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION
  
  
  OF THE CITY OF
DETROIT AND
  
  
  MGM GRAND DETROIT, L.L.C.    
  

        THIS SEVENTH AMENDMENT (the "Seventh Amendment") to that certain Amended and Restated Development Agreement, dated as of April 9, 1998, as amended by the
First Amendment dated June 25, 1998, Second Amendment dated December, 1999, Third Amendment dated November 30, 2000, Fourth Amendment dated November 30, 2001, Fifth Amendment
dated March 29, 2002, and Sixth Amendment dated April, 2002 by and among the City of Detroit (the "City"), The Economic Development Corporation of the City of Detroit ("EDC") and MGM Grand
Detroit, L.L.C., a Delaware limited liability company ("Developer") for the City of Detroit Waterfront Reclamation and Casino Development Project (the "Development Agreement") is made on this 12th day
of June 2002 by and among the City, EDC and the Developer. 

        WHEREAS,
the City, EDC and Developer have previously entered into the Development Agreement; and 

        WHEREAS,
it is the desire of the parties to enter into this Seventh Amendment to amend certain provisions of the Development Agreement. 

        NOW,
THEREFORE, in consideration of the foregoing premises and the covenants herein contained, the parties agree as follows: 

	1.
	All
capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Development Agreement.

	2.
	Section 2.4(d)
of the Development Agreement is hereby amended by deleting the reference to "June 15, 2002" in such section and substituting in its place "July 31,
2002."

	3.
	Except
as amended by this Seventh Amendment, the Development Agreement is reaffirmed in all respects and shall remain in full force and effect.

	4.
	This
Seventh Amendment shall become effective on the date on which all of the following have been accomplished: (a) this Seventh Amendment has been executed by all parties
hereto and (b) the City Council has duly approved the last of the following: (i) this Seventh Amendment; and (ii) a seventh amendment to the amended and restated development
agreements of each of the Other Land-Based Casino Developers containing substantially the same terms and conditions as set forth in this Seventh Amendment.

	5.
	This
Seventh Amendment may be executed in counterparts, each of which shall be deemed to be an original document and together shall constitute one instrument. 

1

 

        IN
WITNESS WHEREOF, the parties hereto have set their hands and had their seals affixed on the dates set forth after their respective signatures. 

	 	 	CITY OF DETROIT,

a municipal corporation
	

 	
 	

By:	

/s/  KWAME M. KILPATRICK      

	 	 	Its:	Mayor

	 	 	 	 
	

 	
 	

THE ECONOMIC DEVELOPMENT

CORPORATION OF THE CITY OF DETROIT,

a Michigan public body corporate
	

 	
 	

By:	

/s/  ART PAPAPANOS      

	 	 	Its:	Authorized Agent

	

 	
 	

By:	

/s/  BRIAN J. HOLDWICK              

	 	 	Its:	Authorized Agent

	 	 	 	 
	

 	
 	

MGM GRAND DETROIT, LLC

a Delaware limited liability company
	

 	
 	

By:	

/s/  JOHN REDMOND      

	 	 	Its:	Chairman

2

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SEVENTH AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT BY AND AMONG THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF DETROIT AND MGM GRAND DETROIT, L.L.C.QuickLinks
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EXHIBIT 10.9  

 
 

EIGHTH AMENDMENT TO THE
  
  
  AMENDED AND RESTATED DEVELOPMENT AGREEMENT
  
  
  BY AND AMONG
  
  
  THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION
  
  
  OF THE CITY OF
DETROIT AND
  
  
  MGM GRAND DETROIT, L.L.C.    
  

        THIS EIGHTH AMENDMENT (the "Eighth Amendment") to that certain Amended and Restated Development Agreement, dated as of April 9, 1998, as amended by the
First Amendment dated June 25, 1998, Second Amendment dated December, 1999, Third Amendment dated November 30, 2000, Fourth Amendment dated November 30, 2001, Fifth Amendment
dated March 29, 2002, Sixth Amendment dated April, 2002 and Seventh Amendment dated June 12, 2002 by and among the City of Detroit (the "City"), The Economic Development Corporation of
the City of Detroit ("EDC") and MGM Grand Detroit, L.L.C., a Delaware limited liability company ("Developer") for the City of Detroit Waterfront Reclamation and Casino Development Project (the
"Development Agreement") is made on this 31st day of July 2002 by and among the City, EDC and the Developer. 

        WHEREAS,
the City, EDC and Developer have previously entered into the Development Agreement; and 

        WHEREAS,
it is the desire of the parties to enter into this Eighth Amendment to amend certain provisions of the Development Agreement. 

        NOW,
THEREFORE, in consideration of the foregoing premises and the covenants herein contained, the parties agree as follows: 

	1.
	All
capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Development Agreement.

	2.
	Section 2.4(d)
of the Development Agreement is hereby amended by deleting the reference to "July 31, 2002" in such section and substituting in its place "August 2,
2002."

	3.
	Except
as amended by this Eighth Amendment, the Development Agreement is reaffirmed in all respects and shall remain in full force and effect.

	4.
	This
Eighth Amendment shall become effective on the date on which all of the following have been accomplished: (a) this Eighth Amendment has been executed by all parties hereto
and (b) the City Council has duly approved the last of the following: (i) this Eighth Amendment; and (ii) a eighth amendment to the amended and restated development agreements of
each of the Other Land-Based Casino Developers containing substantially the same terms and conditions as set forth in this Eighth Amendment.

	5.
	This
Eighth Amendment may be executed in counterparts, each of which shall be deemed to be an original document and together shall constitute one instrument. 

1

 

        IN
WITNESS WHEREOF, the parties hereto have set their hands and had their seals affixed on the dates set forth after their respective signatures. 

	 	 	CITY OF DETROIT,

a municipal corporation
	

 	
 	

By:	

/s/  KWAME M. KILPATRICK      

	 	 	Its:	        

	 	 	 	 
	

 	
 	

THE ECONOMIC DEVELOPMENT

CORPORATION OF THE CITY OF DETROIT,

a Michigan public body corporate
	

 	
 	

By:	

/s/  ART PAPAPANOS      

	 	 	Its:	Authorized Agent

	

 	
 	

By:	

/s/  BRIAN J. HOLDWICK      

	 	 	Its:	Authorized Agent

	 	 	 	 
	

 	
 	

MGM GRAND DETROIT, LLC

a Delaware limited liability company
	

 	
 	

By:	

/s/  JOHN REDMOND      

	 	 	Its:	Chairman

2

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EIGHTH AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT BY AND AMONG THE CITY OF DETROIT, THE ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF DETROIT AND MGM GRAND DETROIT, L.L.C.

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