In the Friday, Aug. 10 issue of The Grove Sun, the story concerning the sale of the Cherokee Queen did not include all of the details surrounding the sale.
A memorandum of agreement dated March 8, 2012, and a promissory note dated March 16, 2012, show Howard and Larry Steckline signed the documents approving the $8 million price tag [including interest] if the repayment schedule went the full 10 years.
Land deed documents filed in the Delaware County Courthouse indicate the official land purchase price - before interest and financing - came to $3.9 million.
Steckline said the tribe made payments on the first $1 million, before tribal leadership changed. Current tribal officials have refused to make subsequent payments, which led to the court action.
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