Master Business Lease Fox Peak Centre Fallon Paiute Shoshone Tribe
The Master Business Lease approved by the Bureau of Indian on July 20, 2016 for the Fallon Paiute Shoshone Tribe on the behalf Fallon Tribal Development Corporation is the first for any Tribe in the State of Nevada. This lease provides long-term leasehold of the Property to the Fallon Tribal Development Corporation (FTDC), and establishes the process for decision making, development, construction, operation, termination, dispute resolution and other matters respect the provisions of the Lease and the Enterprises. Where the Fallon Tribal Development Corporation (FTDC) is a wholly-owned economic development instrument of the Fallon Paiute Shoshone Tribe, FTDC strives to achieve the following goals:
- Develop a sense of entrepreneurship in the Tribe and its members
- Earn sufficient revenue to meet FTDC’s operational and capital obligations and to enable FTDC to accumulate reasonable financial reserves
- Distribute any remaining funds to the Tribe; and
- Provide employment to qualified and available members of the Tribe and their immediate families, and contracting and subcontracting to qualified and available firms owned and controlled by the Tribe or its members
The Master Business Lease went through an extensive review by Bureau of Indian Affairs (BIA) as the Trustee of the Fallon Paiute Shoshone Tribe. This approval by the Bureau of Indian Affairs (BIA) of the Master Business Lease enables the Fallon Tribal Development to proceed forth with the development of the remaining acreages on the Fox Peak Centre property without any further BIA oversight. In addition, the Environmental Assessment for the development of remaining acreage on the Fox Peak Centre property has also been approved by all stakeholders including the State of Nevada.
WELCOME TO A NEW ELECTION YEAR!!
Election Committee Appointments
The Tribal Election Committee is looking forward to conducting the election process for the 2016 Election. The TEC is currently working hard to ensure that every election is held in a fair and impartial manner. We welcome any questions the community may have, if at any time we are unavailable, community members can contact FBC Secretary Laura Ijames/FBC Designee. Look for our upcoming election newsletters for information on upcoming deadlines and election news!
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