Shiprock President Duane “Chili” Yazzie is reading his legislation:”Stating an Objection to the Navajo Nation Council Approval to Grant BHP Mine’s a Waiver of All Liability in the BHP Navajo Mine Purchase by the Navajo Nation.” WHEREAS: The Shiprock Chapter of the Navajo Nation acts on this resolution pursuant to the authority conferred to the […]
DELEGATE DANNY SIMPSON Let’s forward this Legislation to Special Council Session so we will have all the appropriate administrators here to answer questions. And I ask for your guidance. SPEAKER NAIZE I understand your concerns and questions and Sponsor Benally said that her agents are not here today but that they wud be at the […]
NAABI CONTINUES DEBATING $220 MILLION BOND/LOAN DELEGATE WALTER PHELPS Challenge in my area is the ability of businesses to qualify for loans. Right now NFOIA is asking for RFPs and I know that Navajo Nation is member and I’d like to submit proposals. But there is question of qualifying for loan by providing security/collateral. Recently, […]
NAABI DEBATING $220 MILLION BOND/LOAN DELEGATE RUSSELL BEGAYE This proposed Bond/Loan is historic and I recall there was a recommendation to separate two bonds such as Convience stories and any other businesses. One wud be under fix fund and variable fund, which meant having two legislation for each of the bonds. And also the waiving […]
Greetings Relatives/Frens, I’m here at the Navajo Council’s Naabiki’yati’ Committee where legislative staff read LEGISLATION 0213-13, THE $220 MILLION BOND/LOAN. Sponsor Council Delegate Katherine Benally is talking about the history of LEGISLATION 0213-13. She also notes that LEGISLATION 0213-13 does not require Council action, which means the buck stops here. I posted information about the […]
The Navajo Nation Council Naabiki’yati’ Committee is meeting tomorrow, Nov. 7, and the first Legislation on their agenda is LEGISLATION 0213-13, the $220 million Bond/Loan. The official title of LEGISLATION 0213-13 IS “Relating to Resources and Development and Budget and Finance; Declaring its Official Intent to Reimburse Itself with the Proceeds of the General Obligation […]
It is now 7:36 pm and the Navajo Council’s Naa’biki’yati’ Committee has recessed for supper in the Council chamber where they have been meeting since noon today. The first item on their agenda was the $220 million Bond/Loan and the Committee has been debating since they got a quorum. Well, they broke for a couple […]
THE NAVAJO COUNCIL NAA’BIKI’YATI’ COMMITTEE CONTINUES TO DEBATE $220 MILLION BOND/LOAN LEGISLATION AND NOW COMMITTEE MEMBERS ARE FOCUSING ON THE LIST OF PROJECTS THAT WOULD BE FINANCED BY THE BOND/LOAN. DELEGATE DANNY SIMPSON I want to address projects listed for financing under Bond/Loan. Why was Crownpoint project been removed for first year. DELEGATE KATHERINE BENALLY […]
THE NAVAJO COUNCIL’S NAA’BIKI’YATI’ COMMITTEE IS STILL DEBATING $220 MILLION BOND/LOAN. IT’S NOW 6:47 PM. NAABI GOT QUORUM ABOUT NOON AND IMMEDIATELY TOOK UP BOND/LOAN LEGISLATION. We have to know what is going on, including refinancing. But we have to kow what has been finally negotiated. what happened today is that interest rate has not […]
THE NAVAJO COUNCIL’S NAA’BIKI’YATI’ COMMITTEE CONTINUES AMENDING PROPOSED $220 MILLION BOND/LOAN THAT LEGALLY PROTECT SPECIFIC NAVAJO ASSETS, ESPECIALLY $1.4 BILLION PERMANENT TRUST FUND, FROM BEING USED TO REPAY BOND IF NAVAJO NATION FAILS TO MAKE REPAY BOND/LOAN. DELEGATE LORENZO CURLEY/BUDGET & FINANCE COMMITTEE MEMBER Crate Section 9 DELEGATE LEONARD TSOSIE why was this important clause […]
