Navajo Nation President Joe Shirley Jr. is seeking approval for a $500 million bond initiative that supporters compare to the New Deal.
The initiative has six components. They would fund capital improvement projects;
seven one-stop shop governmental complexes for public safety, judicial, and social services'
economic development projects to bring stores like Wal-Mart and Home Depot to the reservation; trauma systems; assisted living facilities; and scholarships,
according to The Farmington Daily Times.
Shirley says the bonds, if approved, would create 5,000 new jobs.
Get the Story:
A Navajo 'New Deal'?
( 3/10)
Relevant Links:
Navajo Nation - http://www.navajo.org
Related Stories:
Navajo Nation president promotes economic
plans (10/22)
Navajo president
promises Wal-Mart, Home Depot (10/16)
Navajo Nation seeks $500M to finance
development (09/04)
Navajo Nation $500M in bonds touted as New Deal
Wednesday, March 10, 2004
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