Hassayampa Golf Club Update

The following is an update from Harvey Shrednick, President of the HCHOA Board of Directors:

"Based on a phone conversation with the Executive Vice President of Desert Troon, I was informed that the Golf Club has signed contracts with two prospective buyers, one with significant golf course management experience. Both potential buyers are completing extensive due diligence, with Desert Troon anticipating a Golf Club sale resolution within the next month. We will continue to keep you advised as more details become available."