Navajo Council’s Naabi Committee is working on proposed Legislation 0213-13: $220 million bond. (I have posted link to $220 m. Bond legislation at end of this blog.) But Naabi has lost quorum of 13 delegates. There are 12. And so Speaker Naize asked for report on Capital Improvement Projects by Navajo Nation Community Development director Casey Begay and Community Development Division Director Leonard Chee, a former Navajo Council delegate. (I have posted links to the CIP legislation & exhibits, which are the lists of chapter projects by agency, at the end of this blog.)

DELEGATE KATHERINE BENALLY
The way we have these “big ticket items” set up is how we will address Bond Financing and others. Legislation contains Bond Financing/Loan language. The proposed Bond projects are all revenue generating.

The CIP legislation (0118-13) are the projects endorsed by 110 chapters and supported by the various tribal programs. They are not revenue generating.

Delegate Danny Simpson’s legislation (0253-13) sets up payment, how to pay for $220 million bond.

COMMUNITY DEVELOPMENT CIP DIRECTOR CASEY BEGAY
Presentation includes process of how chapter projects got on list/legislation.

All the CIPs are online. We are transparent. We scanned all the chapter resolutions.

COMMUNITY DEVELOPMENT DIVISION DIRECTOR CHEE concurs with report by CIP Director Begay

DELEGATE KATHERINE BENALLY
Remember Naabi members that the Permanent Trust Fund requires five-year CIP plan and there was sufficient PTF interest since 2006 to fund a five-year CIP plan. Once this is passed, we will have access to percentage of interest from PTF to address these chapter needs.

DELEGATE LORENZO BATES
Introductions of financial representatives:
Douglas E. Goe, attorney with Orrick, Herrington & Sutcliff LLC of Portland, Ore., who is Navajo Nation Bond Counsel. “He works for us.” KeyBank officials: W. Mike Letty, Vice President Native Financial Services & Agribusiness and Geoff Urbina, Managing Director Public Finance. KeyBank representatives are here for bond and to address amendment to bond legislation and why the amendment is needed.

NAABI BREAKS FOR LUNCH AND TO WAIT FOR A QUORUM OF 13 DELEGATES

Here is the LINK for $220 m BOND legislation:
https://docs.google.com/file/d/0B7xhIWpNuJXiU1ZaUkMwc01GdTA/edit?usp=sharing

Here is the LINK for CAPITAL IMPROVEMENT PROJECTS legislation 0118-13:
https://docs.google.com/file/d/0B7xhIWpNuJXiUEFvQmRZaXU0SWs/edit?usp=sharing
The following LINKS are the Exhibits for the CIP legislation 0118-13:
Chinle Agency Chapter Projects:
https://docs.google.com/file/d/0B7xhIWpNuJXiOE1xSXRSVXpOR2c/edit?usp=sharing
Eastern Agency Chapter Projects:
https://docs.google.com/file/d/0B7xhIWpNuJXiLWdfbHNBMk9XVDg/edit?usp=sharing
Fort Defiance Agency Chapter Projects:
https://docs.google.com/file/d/0B7xhIWpNuJXiN2tQYWh2Z2dkZTA/edit?usp=sharing
Northern Agency Chapter Projects:
https://docs.google.com/file/d/0B7xhIWpNuJXiWlFiLXV6NVVubjQ/edit?usp=sharing
Western Agency Chapter Projects:
https://docs.google.com/file/d/0B7xhIWpNuJXiaGZ4aEU3UjMzUUE/edit?usp=sharing
THE FOLLOWING ARE THE COMMITTEE REPORTS FROM BUDGET & FINANCE COMMITTEE AND RESOURCES & DEVELOPMENT COMMITTEE:
https://docs.google.com/file/d/0B7xhIWpNuJXiRUd4SkZJTGNIbG8/edit?usp=sharing
https://docs.google.com/file/d/0B7xhIWpNuJXiVlI4ZzJnYmNuSHc/edit?usp=sharing

Here is the link to the proposed Navajo Council special session, 9-30-13:
https://docs.google.com/file/d/0B7xhIWpNuJXiQnFuc1dCMTU3TEE/edit?usp=sharing