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Legislation Details

Resolution Number
Legislation Number
Legislation Title
An Action Relating to an Emergency and the Navajo Nation Council; Approving the Purchase of Property Offered for Sale to the Navajo Nation By the Owners of Goulding’s Monument Valley Lodge and Tours, Monument Valley, Utah; Approving the Expenditure of Fund Principal of the Land Acquisition Trust Fund to Purchase the Property; And Approving a Limited Waiver of Sovereign Immunity; And , Directing that Navajo Nation Hospitality Enterprise is to Be Self-Sufficient and Self-Sustaining in its Operation of the Property
Legislation Description
The purpose of this legislation is to approve the expenditure of the Land Acquisition Trust Fund “fund principal” in the amount of $59,500,000.00 for the purchase of the Goulding’s Lodge and Tours property, Monument Valley, Utah, plus any closing cost, and expenses consistent with the general terms of the Real Estate and Asset Purchase Agreement for this Property. The legislation will also approve a limited waiver of sovereign immunity.
Date Uploaded By Document Title
11/01/2023, 09:27 am Julissa Johnson CO-84-23.pdf