Cherokee Nation buys 2 properties in 2016
TAHLEQUAH, Okla. – The Cherokee Nation in 2016 bought two tracts of land for $681,000, while for the first time in several years, Cherokee Nation Businesses did not purchase any properties.
According to CN Communications, the tribe purchased 18.05 acres on May 20, 2016, for $675,000. The tract is located along Highway 82 across from the Tribal Complex, according to CN Communications.
The CN on Oct. 28 bought 10 acres in Delaware County for $6,000 from James Darby, officials said. They said the land tract sits amid CN-owned property. County officials said the property is in Kansas, Oklahoma.
According to CN Communications, there are no “specific projects in mind” for the properties and that the purchases were of “good value price, proximity and in preparation for future growth.”
The Cherokee Phoenix attempted to learn out of what tribal fund the properties’ moneys stemmed but did not receive an answer from CN Communications as of publication.
According to a Freedom of Information Act request, for the first time in several years neither CNB nor any of its entities bought any properties in 2016.