HomeMy WebLinkAbout5994 - MINUTE ORDERS - 7/16/1997 MINUTE ORDER NO. 5994
ACCEPTING $50,000 AS PAYMENT IN ,
FULL FROM EMPIRE POLO CLUB FOR
THE BALANCE DUE ON THEIR PURCHASE
OF THE EQUESTRIAN CENTER EQUIP-
MENT AND BUILDINGS, PAYMENT TO BE
MADE WITH AN INITIAL INSTALLMENT
OF $40,000, PAYABLE IMMEDIATELY,
PLUS THREE (3) MONTHLY INSTALL-
MENTS OF $3,333.33 EACH.
i HEREBY CERTIFY that this Minute Order, accepting$50,000 as payment in full from
Empire Polo Club for the balance due on their purchase of the Equestrian Center
equipment and buildings, payment to be made with an initial installment of $40,000,
payable immediately, plus three(3) monthly installments of$3,333.33 each, was adopted
by the City Council of the City of Palm Springs, California in a meeting thereof held on
the 16th day of July, 1997.
JUDITH SUMICH
City Clerk