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The Tribal Council voted on March 6th to approve the proposed construction budget for the tribe’s new cultural center to be built on the site of the old mound museum at the entrance to the reservation in Marksville.
The project will be financed from a variety of sources: $1.5M in tax revenues collected from the
Paragon Hotel and Gift Shop venues, $1.5M in HUD grant funds, $3.5M --USDA Direct Loan (at 4% for 40 Years), $3.5M--traditional bank USDA guaranteed loan (at 9.03% for a blended loan rate of 6.7%), a tribal match of $1.9M , for a total project cost of $11.9M.
Tribal officials met with representatives from the USDA the day before and for the first time, the agency appears ready to move on arranging the loans on their side. USDA agents suggested that the loans could close within 60 days meaning that construction could be underway by late spring, early summer.
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| Upcoming Meetings / Events |
May 17,2008 -Marksville, LA
June 14,2008 -Marksville, LA
July 26,2008 -Marksville, LA
August 9,2008 -Marksville, LA
September 13,2008 -Marksville, LA
October 4,2008 -Marksville, LA
November 8,2008 -Marksville, LA
December 6,2008 -Marksville, LA
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Tunica-Biloxi Chairman Honored as 'Louisiana Legend'
Chairman Earl Barbry Sr. of the Tunica-Biloxi Tribe was honored as a 2006 Louisiana Legend as the
longest term in office in Native Country ... Read More
Council Reviews Trust Programs
Tribal officials met with
legal and financial experts on
February 27th during their regular executive session... Read More
Criminal Activity Policies Developed
In January 2007, the
Tribal Council adopted the
Code of Ordinances for residing
on the reservation and on
tribal lands... Read More
Maintenance Requirement of Reservation
The tribe’s Housing
Authority requires that existing
homeowners or future homeowners for those planning to build on the reservation must maintain the lots where they reside or will reside... Read More
Indian Preference To Be Secured by Tribal Law
The Tunica-Biloxi Tribal
Council is nearing completion of a
tribal employment rights ordinance.
Work on the document began over
two years ago, and was postponed
periodically from time to time as
other issues became the focus of
the Council’s attention.
... Read More
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