Seller bringing the cash in WA TV deal

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$1M KSPS-TV Spokane WA from Spokane School District #81 (Mark Anderson) to Friends of KSPS (Leon J. Stevens et al). Station price set at $1M, but seller owes buyer $1,642,500 for construction/renovation agreement of 9/8/93 and will pay balance to buyer. Seller will also pay approximately $222K annually for program services provided by buyer. [FCC file date 4/18/13]