Tribal Council OKs loan amendments

Tribal Council approved two resolutions on Wednesday, Oct. 22, that allow Tribally owned Ilihi LLC to defer principal payments on two Tribal loans and only pay monthly interest through October 2015.

The resolutions affect an $8.1 million loan from the Tribe to Ilihi in December 2013 and another loan that was not to exceed $5.5 million approved in June 2014. Ilihi, in turn, loaned the funds to MicroGREEN Polymers of Arlington, Wash.

Tribal members with questions were instructed to contact the Tribe's Economic Development Department at 503-879-1315 or Finance Officer Chris Leno at 503-879-2340 for more information.

In other action, Tribal Council re-appointed Portland businessman Sho Dozono, Oregon Secretary of State Kate Brown and former Congresswoman Darlene Hooley to the Spirit Mountain Community Fund Board of Trustees with terms expiring in September 2016.

Tribal Council also approved a blood quantum correction for one Tribal member and set the agenda for the Nov. 2 General Council meeting, which will be held in executive session to discuss the proposed 2015 budget.

Tribal Council member Jon A. George, Jan Looking Wolf Reibach, Travis Stewart, Cristina Lara and Eirik Thorsgard performed the cultural singing and drumming to open the meeting.

The meeting can be viewed on the Tribal website, www.grandronde.org, under the Video tab.