How Desire Paths can Transform your Digital Marketing
How Desire Paths can Transform your Digital Marketing
5 Steps to Creating Successful Ads

Potomac Horse Center to close July 22 [Video]

Categories
Startup Funding

Despite multiple attempts to keep operations running, the Potomac Horse Center decided it will close on July 22, after lease negotiations failed.

POTOMAC, Md. — Executives at the Potomac Horse Center (PHC) announced April 30, the permanent closing of its facilities effective July 22. The center representatives declared that they have tried to renegotiate the 1993 lease with the Maryland-National Capital Parks and Planning Commission (M-NCPPC), but have not reached an agreement. 

The Conditions

Potomac Horse Center staff indicated the decision was made after M-NCPPC insisted the lease renewal depended on PHC raising “three to five million dollars” to ameliorate M-NCPPS’s infrastructure with no clear assurance that PHC could keep using the facilities. 

In a statement, the Potomac Horse Center stated this might be a complicated move as PHC “simply cannot ask our clients to pay for and invest in a rapidly deteriorating infrastructure that PHC does not own.”

The Contract

PHC emphasized the …

The Implications of AI in Digital Marketing
The Implications of AI in Digital Marketing
12 Steps to Create Videos