Three months after the memorandum of understanding between the tribe and developers expired, the proposed $120 million Grand Canyon Escalade resort is back on the table.
The MOU expired July 1, and since it specifically stated the proposed relationship between the tribe and developers Confluence Partners would be terminated “in the event the intended master agreement is not executed and delivered” by that date, the project’s opponents thought the proposed 420-acre resort on the rim of the Little Colorado Canyon was dead in the water.
However, Deswood Tome, special advisor to Navajo Nation President Ben Shelly, said in a recent interview there is a proposed master agreement on the table, along with a new MOU that will last to the end of 2014.
Shelly did not respond to an email asking for copies of the documents by press time.
Read at http://navajotimes.com/news/2013/1013/100313escalade.php#.Uk2K2SSsim4