“Take it or leave it,” he says.
Despite forging a new “Memorandum of Understanding” with prospective developers of a resort at the confluence of the Little Colorado and Colorado rivers on the Navajo Nation, President Ben Shelly says he’s about ready to tell advocates to go jump off a cliff.
“I still have a problem with the project,” Shelly said in an impromptu interview with The Navajo Times on Saturday.
After more than two years of battles between local residents and Scottsdale-based Confluence Partners, LLC, not a single major investor has been identified, according to Shelly.That’s a major problem, since the project, which would include a gondola tram that would run down into Grand Canyon National Park, would cost more than $160 million — at a time when the tribe is said to only have $147 (that’s right: less than two hundred dollars) in its reserve funds.
“I’ve told Confluence Partners I’m insisting on 18 percent of gross revenues (for the Navajo Nation),” Shelly told the Times on Saturday.
See more at: http://navajotimes.com/politics/2013/0913/092113shelly.php.