Archives

Legal prohibition on Navajo assets as collateral

THE NAVAJO COUNCIL’S NAA’BIKI’YATI’ COMMITTEE STILL DEBATING PROPOSED $220 MILLION BOND/LOAN at 5:52 pm DELEGATE RUSSELL BEGAYE/amendment 3 I want to amend Delegate LoRenzo Bates’ amendment regarding Section 7 by including list of Navajo assets that cannot be used as collateral. The list was included in Bates’ amendment regarding Section 8. Where says “without limitations…legally […]

List of Navajo assets that are Untouchable

THE NAVAJO COUNCIL’S NAA’BIKI’YATI’ COMMITTEE CONTINUES DEBATING ON PROPOSED $220 MILLION LOAN/BOND DELEGATE LORENZO BATES offers second amendment which is to Section 8: go down section 8 and startes with language “without limitations” and insert after language “available assets” not include assets held by federal government, legally prohibited, including PTF, Reserves, Restrictred fedral and grant […]

Navajo Courts, not Arizona courts

THE NAVAJO NATION COUNCIL NAA’BIKI’YATI’ COMMITTEE CONTINUES TO DEBATE $220 MILLION BOND/LOAN: IT’S NOW 5:30 PM DLEGATE RUSSELL BEGAYE Why Arizona court? ORRICK LAW FIRM ATTORNEY DOUGLAS E. GOE Why Arizona? that was something negotiated in KeyBank loan and I think that that was Counsel for KeyBank wanted Arizona but no particular magic to Arizona. […]

Where no Navajo law exists

THE NAVAJO COUNCIL’S NAA’BIKI’YATI’ COMMITTEE CONTINUES TO DEBATE PROPOSED $220 MILLION BOND/LOAN DELEGATE LEONARD TSOSIE I would like to ask that we do roll call vote on any actions regarding proposed $220 million Bond/Loan. (The votes of Navajo Council standing committees are not recorded by name of committee member. The Council electronically records votes and […]

Naabi approves Delegate LoRenzo Bates’ amendment

NAABI CONTINUES DEBATE OVER PROPOSED $220 MILLION BOND/LOAN DELEGATE WALTER PHELPS Someone explain to me why Council has to specifically identify federal courts of New York. NAVAJO DEPT OF JUSTICE GOMEZ Federal courts are identified as courts of limited jurisdiction. For example, someone sued in California then know court in California. And New York well […]

“These are funds of Navajo people, land of Navajo people.”

NAVAJO COUNCIL NAA’BIKI’YATI’ COMMITTEE STILL DEBATING $220 MILLION BOND/LOAN: KEYBANK MANAGING DIRECTOR GEOFF URBINA asked to go over certain portions of $220 milion Bond/Loan and how KeyBank loan to Navajo Nation used: $60 MILLION LOAN WAS USED FOR: ? Gaming construction $3 m drought $30 m NTUA projects. IRS ruling that NTUA projects don’t violate […]

Collateralize $1.5 billion Permanent Trust Fund?

The Navajo Nation Council’s Naa’biki’yati’ Committee finally got a quorum at noon today. The first item on their agenda is the $220 million bond. Council Delegate Katherine Benally is the prime sponsor but other delegates can also sign on as sponsors. The co-sponsors are Delegates Leonard Pete, Joshua Butler, George Apachito, Walter Phelps, Mel R. […]

Loss of Quorum ends Naabi meeting

SPEAKER JOHNNY NAIZE asks Delegates Dwight Witherspoon, LoRenzo Bates, Katherine Benally if they can meet at 8:30 am on Monday, 9-30-13. The Naa’biki’yati’ Committee is still on recess because they lost a quorum of 13 delegates during Delegate Katherine Benally’s presentation of her legislation for a $220 million bond. I posted a link to the […]

Navajo Reservation 110 chapter projects

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 […]

Quorum problems

Navajo Council Delegate Katherine Benally finished presenting her legislation 0213-13: $220 million bond. DELEGATE DANNY SIMPSON We are probably out of order here cuz only 12 and we need 13. And special Council session on Monday is for this legislation. But again, we don’t have all the Council delegates here and so the delegates that […]