Title
A RESOLUTION AUTHORIZING CHEROKEE NATION TO LEASE TRIBAL TRUST LAND IN OCHELATA OKLAHOMA TO THE WASHINGTON COUNTY CHEROKEE ASSOCIATION (WCCA)
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 Washington County Cherokee Association (WCCA) wishes to lease a portion of the Cherokee Nation Trust Land located in Ochelata OK for a term of twenty-five (25) years beginning on the date of approval by the Bureau of Indian Affairs, with an option to renew for an additional twenty-five (25) years, subject to conditions set in the lease. The rental amount will be negotiated between the Cherokee Nation and the Washington County Cherokee Association. The Tribal Trust tract is located in part of Section 31, Township 25 North, Range 13 East, Washington County, Oklahoma;
WHEREAS, the Cherokee Nation Real Estate Services requests the Tribal Council to issue a waiver of said regulation requiring bonds on Cherokee Tribal Land Leases pursuant to regulations contained in 25 CFR ?162.434(f)(g). Cherokee Nation has determined that a waiver of performance bond or alternative form of security is in the best interest of the tribe, and;
WHEREAS, The Cherokee Nation requests a Waiver of Valuation and that the Negotiated Value between Cherokee Nation and the Washington County Cherokee Association be used pursuant to 25 CFR ?162.420(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 ...
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