There should be some movement on the proposed $120 million Grand Canyon Escalade resort this quarter, revealed Deswood Tome, special adviser to President Ben Shelly, in an interview last week.
Tome said a master agreement has been finalized between the Navajo Nation and developers Confluence Partners LLC, and now needs a stamp of approval from the Navajo Nation Council before it goes forward.
“We’ve got everything ready and are just looking for a delegate willing to sponsor the legislation,” Tome said.
The project also needs investors, and Tome said he’s not aware whether Confluence Partners has managed to line up the capital. Shelly has said in previous interviews he will back the project only if it is funded and has community support.
How to get The Times:
Buy a Navajo times or http://navajotimes.com/politics/2014/0114/012314escalade.php#.UuVuBhDn-Cg