The Seminole Tribune
Volume XXIV Number 3
February 28, 2003

HEADLINES
* Tribe Sells Off Micco Assets
* 6th Annual Time Travel Tour: Charleston Reunion
* 2003 Little Mr. & Miss Seminole Contest
* Fifth Annual Kissimmee Slough Shootout & Rendezvous
* Tribe Celebrates Construction Milestone
* Ehricka Osceola Crowned Brighton Princess
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Tribe Sells Off Micco Assets

By Elrod Bowers
HOLLYWOOD — The Tribal Council sold off the assets of Estumkeda, Ltd. at the regular Council meeting on Feb. 18. Estumkeda Ltd. was the holding company for the assets of the Tribe’s Micco aircraft company.
According to Executive Administrator Ken Fields, the assets were sold to a local company for approximately $850,000. “That is $300,000 better than if we had liquidated the assets,” said Fields.
The Council also:
*Approved an operating lease agreement and systems licensing agreement with Sierra Design Group for new Class II gaming devices.
All of the machines currently in the Tribal casinos are supplied by Labtronix. Hollywood Councilman Max Osceola, Jr. asked Lyle Bell, Senior Vice President Information Systems for the Seminole Hard Rock Casinos, if these machines would supplement or replace the Labtronix machines.
Bell responded that, over time, the Labtronix machines would be completely replaced by the new machines.

 



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