17.2.27.040 Authorizations

(a) The Council hereby authorizes the Governor to negotiate and execute a Loan Agreement with SIS LLC for necessary improvements at the C-Stores.

(b) The Term of the Loan Agreement shall be for a five-year period beginning June 1, 2021 and ending on May 31, 2026 to match the term of the tribal tax subsidy.

(c) The Council hereby authorizes up to $450,000 of Pueblo funds for the Loan to be taken from available federal grant funds or other available funds.

(d) The Governor, or his designee, is authorized to take such actions as deemed necessary to carry out the intent this Act