April 29, 2012

SandBoxBlogs; Durango Herald "Tribe’s dilemma: Splitting $43 million"

Emery Cowan and Heather Scofield:
"The Ute Mountain Ute tribe is abuzz with both hope and concern about how to spend a $43 million windfall stemming from a recent court settlement.

Since news broke that the Ute Mountain Utes would receive $42.6 million as a part of a $1 billion settlement with the federal government over the mismanagement of tribal money and trust lands, tribal leaders have held several meetings to discuss different options for the money. Meetings were held this week in Towaoc and Ignacio.

The Ute Mountain Utes are among 41 Native American tribes set to receive cash from the settlement, which was announced April 11.

Chatter about the money quickly fanned out across Twitter and Facebook after the announcement. And tribal members began circulating petitions and proposals outlining how the money should be distributed.

One proposal shared with The Durango Herald offers a three-pronged approach for distributing the money. It suggests splitting a portion of the money equally among tribal members, putting a portion back into the tribal organization and investing the rest.

The tribal council is expected to consider those proposals in the near future...."  (Read more?  Click title)

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