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Transactions

Oct. 17, 2000

Crosby Heafey: INDIANS ARRANGE AGREEMENT FOR CONSTRUCTION OF CASINO

The Agua Caliente band of Cahuilla Indians and Miller & Schroeder Financial Inc. have closed a $70 million deal to finance the construction of a Las Vegas-style casino in Rancho Mirage. The cost of the casino will approach $90 million.

        The Agua Caliente band of Cahuilla Indians and Miller & Schroeder Financial Inc. have closed a $70 million deal to finance the construction of a Las Vegas-style casino in Rancho Mirage. The cost of the casino will approach $90 million.
        The Palm Springs-based Indian tribe also will operate and manage the casino, which will open in spring 2001. The casino will feature 950 class II...

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