# CROW TRIBAL LEGISLATURE

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URL: https://www.frixlaw.com/law-library/documents/tribal%3Acrow_montana%3Afd3efc8124f8d3f5

## Record

- **Collection:** Tribal code
- **Document type:** Tribal code

## Text

CROW TRIBAL LEGISLATURE
JUNE 26, 2007 SPECIAL SESSION

JOINT ACTION RESOLUTION NO. JARO7-06

INTRODUCED BY CARL E. VENNE, CHAIRMAN
CROW TRIBAL EXECUTIVE BRANCH

JOINT ACTION RESOLUTION OF THE CROW TRIBAL LEGISLATURE
AND THE CROW TRIBAL EXECUTIVE BRANCH ENTITLED:

“RESOLUTION AUTHORIZING THE CHAIRMAN OF THE
EXECUTIVE BRANCH TO OBTAIN A TAX-EXEMPT LOAN FROM
FIRST INTERSTATE BANK, SECURED BY INTEREST FROM THE

107TH SETTLEMENT TRUST FUND, TO PROVIDE FUNDS FOR THE
COMPLETION OF ON-GOING CONSTRUCTION AT THE LITTLE
BIG HORN COLLEGE.”

WHEREAS, Little Big Horn College in Crow Agency, Montana is a public two-year
community college chartered by the Crow Tribe of Indians in 1980 pursuant to the Tribally
Controlled Community College Assistance Act of 1978 (25 U.S.C. § 1801, ef seg.), and is
listed in Section 532 of the Equity in Educational Land-Grant Status Act of 1994 (7 U.S.C.'§
301 note); and

WHEREAS, Little Big Horn College requires additional funds to continue and
complete the on-going construction of its Library-Archives-Administration Building and has
requested assistance from the Executive Branch in the amount of $3 million dollars which
funds are needed as soon as possible to avoid any disruption in the ongoing construction
project; and

WHEREAS, the Crow Tribal Executive Branch has agreed to provide financial
assistance to the Little Big Horn College in an effort to benefit its students and Crow Tribal
members, provided that revenue currently received by the College from the Tribal Tobacco
Tax shall be reduced by amounts necessary for the Tribe to make the payments on the loan;
and

June 26, 2007 Special Session
Resolution Approving FIB Loan for LBHC 6.26.07
Page 1 of 4

WHEREAS, interest income from the Crow Tribal Trust Fund established by the
Crow Boundary Settlement Act of 1994 (25 U.S.C. § 1776, et seq.) is available to
collateralize the loan and provide sufficient debt service because remaining balances on
previous Crow Tribal loans utilizing the 107" settlement fund interest income have been
significantly reduced, and this purpose qualifies as a use “for education, land acquisition,
economic development, youth and elderly programs or other tribal purposes” as required by
25 U.S.C. §§ 1776d(d)(1) and (e); and . .

WHEREAS, the Chairman of the Executive Branch has authority and responsibility
pursuant to the “enumerated powers” in Article IV, Section 3 of the Constitution and Bylaws
of the Crow Tribe of Indians to represent the Crow Tribe in negotiations with Federal, State
and local governments and other agencies, corporations, associations, or individuals in
matters of welfare affecting the Crow Tribe; to “negotiate and approve or prevent any sale,
disposition, lease or encumbrance of Tribal lands, interests in lands or other Tribal assets,
including buffalo, minerals, gas and oil with final approval granted by the Legislative
Branch;” and to “negotiate and approve limited waivers of sovereign immunity when such a
waiver is necessary for business purposes in accordance with Article V, Section 2(f) of [the]
Constitution;” and

WHEREAS, the Legislative Branch has authority and responsibility pursuant to its
“powers and duties” in Article V, Section 2(d) of the Constitution “to grant final approval or
disapproval of items negotiated by the Executive Branch of Government pertinent to the sale,
disposition, lease or encumbrance of Tribal lands, interests in lands or mineral assets,” and in
Article V, Section 2(f) to “grant final approval or disapproval of limited waivers of sovereign
immunity by the Executive Branch when waivers are necessary for business purposes;” and

WHEREAS, the Chairman of the Executive Branch has negotiated the terms of the
loan with First Interstate Bank as set forth on the attached Commitment Letter, including a
limited waiver-of sovereign immunity in Exhibit A to the Commitment Letter; and

WHEREAS, the tax-exempt nature of the loan, which results in much lower
financing costs for the Tribe, will require an opinion of a nationally-recognized bond
counsel, and the Tribe has retained the law firm of Dorsey & Whitney to provide such
opinion and to complete the drafting of the other loan documents along the lines of a
previous tax-exempt loan (copies of which have been provided to the Legislature);

June 26, 2007 Special Session
Resolution Approving FIB Loan for LBHC 6.26.07
Page 2 of 4

NOW, THEREFORE, BE IT RESOLVED BY THE CROW TRIBAL LEGISLATURE
AND THE.CROW TRIBAL EXECUTIVE BRANCH:

Section 1. That the Chairman of the Executive Branch of the Crow Tribe is
hereby authorized to obtain a tax-exempt loan for funding the construction of the
Library-Archives-Administration Building for Little Big Horn College in the amount of
Three Million Dollars ($3,000,000.00), and to pledge and/or assign a portion of the
interest from the Crow Tribal-Trust fund as security for the loan, all in accordance
with the Commitment Letter dated June 26, 2007 from First Interstate Bank, attached
hereto and incorporated herein by reference, and to execute the Commitment Letter on
behalf of the Crow Tribe, subject to final ratification of the final loan documents and
agreements by the Legislature as provided in Section 3 below;

Section 2. That the limited waiver of sovereign immunity in the form set
forth as Exhibit A to the Commitment Letter is hereby approved;

Section 3. That the Chairman of the Executive Branch is hereby authorized
to execute such additional documents and agreements and take such further actions on
behalf of the Crow Tribe of Indians that are necessary to complete and to administer
the loan transaction authorized in Section 1, including additional documents to be
prepared by bond counsel; provided, however, that the approval granted by this
Resolution is subject to final ratification by farther Resolution of the Legislature after
all the loan documents and agreements have been finalized and reviewed with the
Legislature for consistency with the Commitment Letter prior to the Chairman’s
execution of any such documents and agreements;

Section 4. | That the funds from the loan authorized by this Resolution shall
be used only for the Little Big Horn College Library-Archives-Administration Building
construction project and no other purpose (except for transaction costs of the loan), and
the loan documents shall so provide; and

Section 5. That the approval granted herein is effective on the date of
approval of this Resolution, and is subject only to final ratification of all the loan
documents and agreements by the Legislature after they have been finalized, and to
such further approvals as are required by Federal law for the pledge or assignment of
the Crow Tribal Trust Fund income as security for the loan.

June 26, 2007 Special Session
Resolution Approving FIB Loan for LBHC 6.26.07
Page 3 of 4

CERTIFICATION

I hereby certify that this Joint Action Resolution entitled “RESOLUTION
AUTHORIZING THE CHAIRMAN OF THE EXECUTIVE BRANCH TO OBTAIN A
TAX-EXEMPT LOAN FROM FIRST INTERSTATE BANK, SECURED BY
INTEREST FROM THE 107TH SETTLEMENT TRUST FUND, TO PROVIDE
FUNDS FOR THE COMPLETION OF ON-GOING CONSTRUCTION AT THE
LITTLE BIG HORN COLLEGE” was duly enacted by the Crow Tribal Legislature with a
vote of 16. in favor_0_ opposed, and _0__ abstaining and that a quorum was present on this

26" , day of June, 2007.

Speaker of the House
Crow Tribal Legislature ;
euelllrsas,
wea OF THe t.,
ATTEST: as Salas
7 ia oe
ist
Secretary cf tt Sea,
Crow Tribal Legislature ery bs:
aw
. Pree r
EXECUTIVE ACTION % Rope L ES
Thereby
prove or
veto.

This Joint Action Resolution for “RESOLUTION AUTHORIZING THE CHAIRMAN OF THE
EXECUTIVE BRANCH TO OBTAIN A TAX-EXEMPT LOAN FROM FIRST INTERSTATE
BANK, SECURED BY INTEREST FROM THE 107TH SETTLEMENT TRUST FUND, TO
PROVIDE FUNDS FOR THE COMPLETION OF ON-GOING CONSTRUCTION AT THE
LITTLE BIG HORN COLLEGE” pursuant to the authority vested in the Chairman of the Crow
Tribe by Article V, Section 8 and Article IV, Section 3(k) of the Constitution and Bylaws of the Crow

Tribe or Indians, on this £77 day of _) yal @_,2007.

Cot
‘arl E. Venne, Chairman

Crow Tribal Executive Branch

June 26, 2007 Special Session
Resolution. Approving FIB Loan for LBHC 6.26.07
Page 4 of 4

“Tax- Ex Loan-from First Tnterstate Boude
fay Pot, Complete On-Gomg Construchmn ot (BAe
Bill or Resolution Number JARG7-UipIntroduced by EteashyeDate of Vote June Zhe 2007
inch

Representative: Yes No Abstained

\

L. Plain Bull

O. Costa

V. Crooked Arm
M. Not Afraid

R. Iron

B. House
E. Fighter
L. Costa

L. Hogan

S. Fitzpatrick
K. Real Bird
M. Covers Up
L. Not Afraid
B. Shane

J. Stone

D. Wilson

R. Old Crow
Secretary of the House

D. Goes Ahead
Speaker of the House

EI AAIWKRARAAARKRY AK

© oO

Totals:

Result of Vote:

Passed Not Passed Tabled Veto Override

Signature Officer: Corelle 2a ile CPote: G- 26-07

First Interstate Bank

402 N. Center
. RO. Box 903
First Hardin, MT 59034-0903
i - 406-665-3822
e interstate www. firstinterstatebank.com
Bank
June 26, 2007

Mr. Carl Venne, Chairman
Crow Tribe of Indians

P.O. Box 129

Crow Agency, MT 59022-0129

Dear Mr. Venne:

Iam pleased to notify you that First Interstate Bank in Hardin, Montana
(“Lender”), has approved and commits to the Crow Tribe of Indians (“Borrower”) the
following Loan, subject to the terms and conditions set forth below:

BASIC CREDIT TERMS

Borrower: The Crow Tribe of indians
Amount: . $3,000,000.00 . :

Type and Purpose: Term loan, the purpose of which is restricted to fund or
reimburse the construction and acquisitions costs of the
following projects with the following approximate costs:

= Little Big Horn College Buildings ($3,000,000)

The Loan may be funded based approximately on the specific projects and their initial
start and completion dates. As determined by bond counsel some proposed projects and
their uses may not qualify for tax-exemption for federal income tax purposes and any
projects or funding thus determined will accrue interest as described in the second
sentence of the following Interest Rate section.

Interest Rate: Variable rate of five and thirty-six hundredths percent
(5.36%), adjusted semi-annually from and after the date of the
Loan with an index of the Prime Rate as published in the
Money Rate Section of the Wall Street Journal, Western
Edition (currently 8.25%) divided by 1.538, based on the
assumption that interest is excluded from gross income for
federal income tax purposes (discussed below) and that the
Borrower Note (defined below) is designated as a “qualified
tax-exempt obligation” under Section 265(b)(3) of the Code.
In the event there is a determination, ruling or decision that the

Fees:

Maturity and
Repayment:

Evidence of Loan;

Tax —Exempt Status:

Collateral:

interest is includable for federal income tax purposes in the
gross income of the Lender, the interest rate will increase to
the Prime Rate as published in the Money Rate Section of the
Wail Street Journal, Western Edition (currently 8.25%),
adjusted semi-annually from and after the date of the Loan
with an index.of the Prime Rate as published in the Money
Rate Section of the Wall Street Journal, Western Edition, with
such increase to be effective as of the date and time specified
in such determination, ruling or decision that such interest rate
becomes includable.

A loan origination fee of one percent (1%) of the principal
amount of the Loan.

Twenty (20) years from the date of closing of the Loan.
Borrower will make monthly payments of principal and
interest sufficient to fully amortize the Loan, the amount of
which payments shall be subject to the semi-annual
adjustments of the interest rate.

The Loan will be evidenced by Promissory Note (the __
“Borrower Note”) in form acceptable to Lender and Lender’s -
counsel. The Borrower will take all actions necessary to (i)
designate the Borrower Note as a “qualified tax-exempt
obligation” under the provisions of Section 265(b)(3) of the
Internal Revenue Code of 1986, as amended (the “Code”), and
(ii) to insure that interest on the Borrower Note is excluded
from gross income for federal income tax purposes and is not
an item of tax preference for purposes of the federal alternative
minimum tax imposed on individuals and corporations (except
to the extent that, for the purpose of computing the federal
alternative minimum tax imposed on corporations as defined
for federal income tax purposes, such interest is taken into
account in determining adjusted current earnings).

Third priority collateral assignment of payments or amounts
due to become due from the trust fund(s) created by the 107
boundary dispute settlement, subordinate in lien priority only
to the collateral assignment of payment or amounts due for the
1998 Crow Tribal Bonds and the 2000 Crow Tribal Notes,
acceptable to Lender and Lender’s counsel.

CONDITIONS PRECEDENT TO CLOSING

Tribal and Governmental Authorizations: The Borrower must provide
evidence satisfactory to the Lender that the Borrower has taken all necessary action under
Tribal and Federal law to authorize the transactions contemplated herein. In addition, the
Borrower must provide evidence satisfactory to the Lender that the Borrower has secured
all necessary Federal Government authorizations and approvals of the transactions
contemplated herein, including but not limited to confirmation and approval of the United
States Department of Interior, Bureau of Indian Affairs.

Documentation: The Borrower shall execute and deliver such documents and
instruments, and do such other acts and things as the Lender may require, to effect the
transaction described in this commitment. All proceedings, agreements, instruments,
documents and other matters relating to the making of the Loan and the transactions
herein contemplated shail be satisfactory in form and substance to the Lender and its
counsel. The Borrower shall pay all fees, costs, charges and other expenses incurred in
connection with the documentation of, preparation for and the closing of the Loan and
transaction herein contemplated, including but not limited to reasonable fees of the
Lender’s counsel and all recording and filing fees or charges, all whether or not the Loan
and transaction herein contemplated close.

No Material Adverse Change: Prior to closing, there shall not have occurred, in
the opinion of the Lender, any material adverse change in the Borrower’s financial
condition from that reflected in the Borrower’s financial statements dated September 30,

2005.

Financial Statements: During the term of the Loan, Borrower shall furnish
Lender with CPA-audited fiscal year-end financial statements within 270 days after the
end of each fiscal year.

Opinions of Counsel: Borrower shall provide a written opinion of nationallyrecognized bond counsel, dated as of the closing date and addressed to the Lender, in
form satisfactory to the Lender, to the effect that (i) the interest paid on the Borrower
Note will be excluded from gross income from gross income for federal income tax
purposes and is not an item of tax preference for purposes of the federal alternative
minimum tax imposed on individuals and corporations (except to the extent that, for the
purpose of computing the federal alternative minimum tax imposed on corporations as
defined for federal income tax purposes, such interest is taken into account in determining
adjusted current earnings), and (ii) the Borrower Note is a “qualified tax-exempt
obligation” within the meaning of Section 265(b)(3) of the Code, and that in the case of
certain financial institutions (within the meaning of Section 265(b)(5) of the Code), a
deduction is allowed for 80 percent of that portion of such financial institutions’ interest
expense allocable to interest on the Borrower Note. The opinion of bond counsel may be
subject to the condition that the Borrower comply with all requirements of the Code that
must be satisfied subsequent to the issuance of the Borrower Note in order that interest

thereon be, or continue tobe, excluded from gross income for federal income tax
purposes.

The Borrower shall also provide a written opinion of counsel, dated as of the
closing date and addressed to the Lender, in form satisfactory to the Lender, to the effect
that (i) the Borrower has taken all necessary action to execute and deliver the loan
documents, and to perform its obligations thereunder, (ii) the loan documents have been
duly executed and delivered and constitute valid and binding obligations of the Borrower,
and (iii) the-actions taken by the Borrower constitute an effective waiver of its sovereign
immunity as to all matters associated with the Loan, and that such immunity shall not
constitute an effective defense or bar to the Lender’s enforcement of the loan documents.

MISCELLANEOUS

Period for Acceptance: This commitment shall become effective upon
Borrower’s written acceptance below and our receipt of the accepted commitment on or
before June 27, 2007, and, upon the Borrower’s acceptance, shall remain effective until
September 24, 2007. Unless otherwise agreed in writing, the Lender shall have no further
obligation hereunder after September 24, 2007.

Assignment; Participations: This commitment is not assignable by the
Borrower. Subject to applicable federal and state securities laws, the Lender reserves the
right to sell to other banks or financial institutions participations in the Loan and to
disclose to the participants such information regarding the Borrower’s affairs as the
Lender may possess.

Governing Law; Jurisdiction; Limited Waiver of Sovereign Immunity: This
commitment and the Loan shall be governed by and construed in accordance with the
laws of the State of Montana, provided that this is not intended and shall not be
interpreted as a concession by the Borrower that the State of Montana has lawful
authority to regulate the project or any activities of the Borrower or its officers,
employees or agents. The loan documents shall specifically provide that any controversy
of claim arising out of, or in any way related to, the enforcement or subject matter of the
Loan shall be settled by binding arbitration administered by the American Arbitration
Association (“AAA”) under its Commercial Arbitration Rules, and judgment upon the
award rendered by the arbitrator(s) may be entered in a court(s) with jurisdiction of the
matter, all in accordance with the provisions set forth in Exhibit A attached hereto. The
parties shall waive any right to litigate such matters in any other court or tribunal, and the
Borrower shall grant a limited waiver of its sovereign immunity for the sole purpose of
enforcing the Borrower’s obligations in the form provided in Exhibit A.

Entire Agreement: The terms of this commitment supersede all prior written or
oral communications between the Lender and the Borrower with respect to the terms of
this commitment and the Loan to be made pursuant hereto. No modification or waiver of

any provisions hereof shall be effective unless set forth in writing and signed by the party
to be bound thereby.

If the terms of this commitment are acceptable to the Crow Tribe of Indians,
please evidence your acceptance by signing below in the space indicated, and return a
signed copy of this letter to me. We appreciate the opportunity to assist you in your credit
needs and look forward to a long and favorable relationship with you. If you have any
questions or comments on this commitment please contact me at (406) 665-3810.

Sincerely,

FIRST INTERSTATE BANK

Hardin Office

By: a sack be
Cc. fed Fist r
President

COMMITMENT ACCEPTED:

Date: , 2007

CROW TRIBE OF INDIANS

By:

Carl Venne, Chairman

Attest:

Secretary

EXHIBIT A

DISPUTE RESOLUTION
AND
LIMITED WAIVER OF SOVEREIGN IMMUNITY

1.1 Arbitration. (a) Any controversy or claim arising under the Loan Agreement(s),
the Notes or the Collateral Documents shall be settled by binding arbitration in accordance with
the Commercial Arbitration Rules of the American Arbitration Association (“AAA”) except as
otherwise modified herein, and judgment upon the award rendered by the arbitrator(s) may be
entered in a court having jurisdiction thereof as further provided in this Exhibit A.

(b) The arbitration shall be conducted in Billings, Montana. The arbitrator(s) shall
have authority to order specific performance and award appropriate injunctive, declaratory or
compensatory monetary relief, including interlocutory orders to mitigate damage or prevent
irreparable injury to a party, but shall not have authority to award punitive damages or other
noncompensatory damages. The Federal Rules of Evidence shall govern evidentiary matters in
any arbitration brought hereunder.

(c) The arbitrators’ fees and other all other costs of the arbitration shall initially be
borne equally by the parties, but ultimate responsibility for payment of such costs shall be borne
by the party against whom the award is rendered, except as the arbitrator(s) may otherwise
provide in a written decision.

(d) The award of the arbitrators shall be conclusive and binding on the parties with
respect to the matters decided, and shall be complied with by the parties. A party may enter an
award and institute Judicial Proceedings to enforce the award in accordance with Section 1.2 of
this Exhibit A. In such Judicial Proceedings, neither party, without the consent of the other party,
shall be entitled to contend that the award should be vacated, modified or corrected.

1.2 Judicial Proceedings. (a) A party may commence court proceedings (“Judicial
Proceedings”) only to compel the other party to participate in arbitration proceedings or to
enforce an arbitration award. All Judicial Proceedings conducted pursuant to this Exhibit A shall
be initially commenced in Crow Tribal Court. Any Judicial Proceedings conducted in Tribal
Court shall be conducted in accordance with the substantive law of the Federal Arbitration Act
and the procedural law of the Crow Tribal Court, to the extent that such procedural law is not
inconsistent with the Federal Arbitration Act and the procedures expressly provided herein.

(b) In the event that the Crow Tribal Court refuses to compel a party to participate in
arbitration proceedings or to enforce an arbitration award as written, or fails to perform said
functions within 60 days after commencement of Judicial Proceedings, or such further time as the
parties may mutually agree, either party may transfer (“remove”) the Judicial Proceedings from
Crow Tribal Court to the United States District Court for the District of Montana, or if it lacks
jurisdiction, to the Montana Twenty-Second Judicial District Court for Big Horn County,

Montana.

(c) Removal of Judicial Proceedings from Crow Tribal Court may be accomplished
by filing a-notice of removal in Crow Tribal Court and filing an appropriate application in the
appropriate federal or state court (the “Deciding Forum”) in accordance with the procedural rules
of that forum. The notice of removal and application need be executed on behalf of only the
removing party, and such removal shall not be opposed or contested by the other party. Upon
removal, all proceedings in Crow Tribal Court shall be stayed pending final resolution in the
Deciding Forum, and all Tribal remedies shall be deemed exhausted. Upon final resolution of
the matter, the order or judgment of the Deciding Forum may be entered in Crow Tribal Court.

(d) The parties waive any rights to pursue judicial proceedings related to the Loan
Agreement(s), Notes and Collateral Documents in any court except as provided in this Exhibit A.

3.°. Limited Waiver of Borrower’s Sovereign Immunity. The Crow Tribe as

Borrower unequivocally and irrevocably grants a limited waiver of its sovereign immunity from
suit or the limited purpose of enforcing the Borrower’s obligations under the Loan Agreement(s),
the Notes or the Collateral Documents by means of arbitration proceedings, Judicial Proceedings
instituted for the purpose of compelling participation in arbitration proceedings, and Judicial
Proceedings for the enforcement of arbitration awards, all in accordance with the provisions of
this Exhibit A; provided, however, that:

(a) _ this limited waiver shall only extend to the Bank, its successor and assigns, and no
other or third parties;

(b) __ this limited waiver shall not apply to proceedings in any court except the Judicial
Proceedings as provided in Section 1.2 this Exhibit A;

(c) this waiver shall extend only for a period of time until all the Borrower’s
obligations are satisfied under the Loan Agreement(s), Notes or Collateral Documents; and

(d) the monetary relief available against the Crow Tribe pursuant to this waiver shall
be limited to amounts that are expressly due and payable pursuant to the Loan Agreement(s),
notes or Collateral Documents (including the costs of arbitration if so awarded against the
Borrower pursuant to this Exhibit A), and shall not include any other indirect, consequential, tort,
punitive or noncompensatory damages, and in no event shall any judgment or other relief
awarded pursuant to this limited waiver result in the encumbrance of any Tribal property or
assets which are held in trust for the Crow Tribe by the United States of America except those
trust assets specifically pledged or assigned pursuant to the Collateral Documents.

Legislative Branch

Pryor:

Arrow Creek

Larry Plain Buil, Sr.
Oliver Costa

Carlson Goes Ahead
Speaker of the House

Big Horn:

Valley of the Give
Away

Vincent Crooked Arm
Marlin D. Not Afraid
Ralph Iron, Jr.

Dunmore:
Black Lodge
Bruce R. House
Ertis Fighter, Sr.
Larry Costa

Reno:

Center Lodge

Lloyd Hogan, Jr.
Sidney Fitzpatrick, Jr.
Kennard Real Bird

Lodge Grass:

Valley of the Chief
Manuel Covers Up, Sr.
Rudolph K. Old Crow
Secretary of the House
Leroy Not Afraid

Wyola:

Mighty Few
Beverly M. Shane
J.D. Stone,

Dana Wilson

Staff

Jackie Blacksmith,
Administrator

William Old Crow
Finance Officer/Admin.
Assist.

Noel Two Leggins
Legal Assistant

Kenny Pretty On Top
Maintenance/Custodian

Ronald Ameson, Esq.,
Attorney At Law

LEGISLATIVE BRANCH OF THE
CROW TRIBAL GOVERNMENT

P.O. Box 309 — MAKAWASHA Avenue
Crow Agency, Montana 59022
Phone: (406) 638-2023/2025/2238 Fax: (406) 638-2030

OFFICIAL CERTIFICATE OF DELIVERY

I, Rudolph K. Old Crow, Secretary of the Legislative Branch of the Crow Tribal
Government hereby this Transitional Action do deliver a True and Correct Official copy
Of the Final Approval for the following Bill:

INTRODUCED BY: CARL E. VENNE, CHAIRMAN
CROW TRIBAL EXECUTIVE BRANCH

‘JOINT ACTION RESOLUTION OF THE CROW TRIBAL LEGISLATURE
AND THE CROW TRIBAL EXECUTIVE BRANCH ENTITLED:

“RESOLUTION AUTHORIZING THE CHAIRMAN OF THE EXECUTIVE BRANCH
TO OBTAIN A TAX-EXEMPT LOAN FROM FIRST INTERSTATE BANK,
SECURED BY INTEREST FROM THE 107™ SETTLEMENT TRUST FUND, TO
PROVIDE FUNDS FOR THE COMPLETION OF ON-GOING CONSTRUCTION AT
THE LITTLE BIG HORN COLLEGE.”

Bill No. JARO7-06 to Taib— Tak
Position of: “1 bal Akfornay

Crow Tribal Executive Branch.

Done and dated this_Z pis day of Pye. 2007 @ 3 -€O amigm,)
aun K. Old Crow

Secretary of the House
Legislative Branch of the
Crow Tribal Government

in the

for the

Served by:

t/a

Legisltive Branch Staff

Ce: file

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/tribal%3Acrow_montana%3Afd3efc8124f8d3f5. Public record. Not legal advice.