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| Volume XXIII Number 2 | February 1, 2002 |
Tribal Council Approves Hard Rock Café Agreements
By Elrod BowersHOLLYWOOD - In a special Jan. 16 Council meeting, the Tribal Council approved resolutions related to the Hollywood Hard Rock Café Casino and Hotel.
The Council:
*Approved changes in the form and structure of documents related to a series of bond issues that will raise $410 million to finance the construction of the Hard Rock Café Casino and Hotel.
*Approved an extension of an engagement letter with Merrill Lynch Pierce Fenner & Smith. The previous engagement had expired and the Council authorized an extension, approved the form of the letter and authorized Acting Chairman Mitchell Cypress to negotiate and execute the final version of the letter.
*Approved an agreement with the Town of Davie for the purchase of bulk water and sewage treatment services for the Hollywood Hard Rock Café Casino and Hotel. The agreement, which covers only the Hard Rock project and is separate from services covering the Hollywood reservation, is based on water consumption and a meter will be installed to measure the water consumption.
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