The college owned by the Cheyenne River Sioux Tribe of South Dakota is hoping to get its financial problems straightened out.
Si Tanka University missed payroll last month and is in foreclosure litigation over $6 million in loans. The school was also hit with a $2 million federal tax lien.
A lawyer says there are no plans to close the facility, located off the reservation. An announcement is expected on Monday about the future of the school but Ron Volesky, a local Indian attorney and city council member, is worried it will be closed. He has asked a judge to put the university in receivership until he buys the institution.
Get the Story:
Si Tanka workers still wait for pay
(The Sioux Falls Argus Leader 12/10)
Relevant Links:
Si Tanka University - http://www.sitanka.edu
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South Dakota tribe's college still in limbo
Friday, December 10, 2004
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