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Per cap payout from Ute Mountain Ute boosts local businesses
Wednesday, November 14, 2012
Filed Under: Trust
More on: colorado, per caps, ute mountain ute
 
Members of the Ute Mountain Ute Tribe of Colorado have been boosting the local economy thanks to a per capita payout.

Each member received about $19,000 in three payments. The money came from the tribe's $42.6 million trust fund settlement.

“They are reaching for the stars because they have extra money,” the general manager of an auto parts store told The Durango Herald.

Cars, all terrain vehicles and firearms were reported to be some of the most common purchases at local businesses.

Get the Story:
Fed money bumps Cortez economy (The Durango Herald 11/14)

Related Stories:
Ute Mountain Ute chairman returns to job after per cap dustup (8/7)
Ute Mountain Ute Tribe leader faces recall over trust settlement (6/15)
Ute Mountain Ute Tribe distributes trust fund to its members (05/09)
Ute Mountain Ute Tribe accepts $42.6M in trust settlement (4/24)


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