Title
A RESOLUTION AUTHORIZING CHEROKEE NATION TO LEASE A PORTION OF TRIBAL TRUST LAND IN OCHELATA OKLAHOMA TO THE HOUSING AUTHORITY OF THE CHEROKEE NATION (HACN)
Body
WHEREAS, the Cherokee Nation since time immemorial has exercised the sovereign rights of self-government in behalf of the Cherokee people;
WHEREAS, the Cherokee Nation is a federally recognized Indian Nation with a historic and continual government to government relationship with the United States of America;
WHEREAS, the Housing Authority of the Cherokee Nation (HACN) wishes to lease a portion of the Cherokee Nation Trust Land located in Ochelata OK for a term of thirty (30) years beginning on the date of approval by the Bureau of Indian Affairs, with an option to renew for an additional thirty (30) years, subject to conditions set in the lease. The rental amount will be negotiated between the Cherokee Nation and the Housing Authority of the Cherokee Nation, no appraisal will be necessary. The Tribal Trust tract is located on part of Section 31, Township 25 North, Range 13 East, Washington County, Oklahoma;
WHEREAS, The Cherokee Nation requests a Waiver of Valuation and that the Negotiated Value between Cherokee Nation and the HACN used pursuant to 25 CFR §162.320(a).
1. Cherokee Nation has negotiated compensation satisfactory to the tribe.
2. Cherokee Nation waives valuation; and
3. Cherokee Nation has determined that accepting such negotiated compensation and waiving valuation is in the best interest of the Cherokee Nation.
WHEREAS, The Cherokee Nation believes that not having a Compensation Review or adjustment is in the best interest of the tribe pursuant to Title 25 CFR §162.328(a).
BE IT RESOLVED BY THE CHEROKEE NATION, that the Principal Chief of Cherokee Nation, Chuck Hoskin Jr., and/or his authorized designee(s) be authorized to enter into the above described leasing, with negotiated compensation, in accordance with 25 CFR § 162 Subpart C and the Bureau of Indian Affairs policy and procedure for leasing of land owned by United States of America in Trust for Cherokee Nation.