THE first cheque from the Shaolin Temple Foundation to the Shoalhaven City Council – worth $1 million – has been cleared.
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“It’s in the bank,” Shoalhaven Mayor Joanna Gash said.
“I’m very happy with the news.”
The council’s director of Corporate and Community, Craig Milburn, confirmed the cheque, the first of three post-dated cheques signed by Patrick Pang on behalf of the foundation last Friday and dated January 28, had cleared.
The second cheque, also for $1 million, was post-dated to January 29. The third cheque for $3.1 million is post-dated to February 23.