Cobell Lawsuit & Settlement | National

Fond du Lac Band expects $7.8M in Cobell land buy-back offers

A view of the Fond du Lac Reservation in Minnesota. Photo from Fond du Lac Band

The Fond du Lac Band of Lake Superior Chippewa Indians in Wisconsin held a kick-off meeting on Monday night for the Land Buy-Back Program for Tribal Nations.

Tribal members are expected to see about $7.8 million in offers for their fractional interests, WDIO reported. Any land that is acquired through the program will be transferred to the tribal government.

"The Fond du Lac Band is working closely with the Buy-Back Program and anticipates that purchase offers will begin going out to landowners [in] Spring 2016," Chairman Wally Dupuis said in a letter to the membership.

The $3.4 billion Cobell settlement provided $1.9 billion for Indian landowners who want to sell their fractionated interests. The Interior Department will pay "fair market value" as required by the Indian Land Consolidation Act.

As of January 8, the department has made nearly $1.8 billion in offers. Nearly 32,000 landowners have accepted and have received more than $733 million for their interests. The equivalent of nearly 1.5 million acres has been transferred to tribal governments.

Get the Story:
Fond du Lac Participates in Land Buyback Program (WDIO 1/11)

Join the Conversation

Related Stories:
Cobell plaintiffs offer update on distribution of settlement funds (01/06)
DOI signs Cobell buy-back agreements with two more tribes (12/16)
DOI schedules listening session for Cobell Land Buy-Back Program (12/08)
Landowners on Lummi Nation see $4M in Cobell buyback offers (11/17)
Landowners from Swinomish Tribe see $3.8M for Cobell buy-back (10/27)
Colville Tribes expect to see $27.7M in Cobell buy-back offers (10/26)
Quinault Nation to see $19M from Cobell land buy-back program (09/21)
DOI signs five more cooperative agreements for Cobell land buy-back program (09/15)
Native Sun News: Lower Brule landowners will see Cobell offers (09/10)
Native Sun News: Lower Brule Sioux Tribe misses Cobell deadline (08/28)
Land buy-back hits milestone with over $500M in purchases (06/26)
Confederated Salish and Kootenai Tribes see 4K acres from buy-back (06/18)
Landowners on Fort Peck Reservation see $54M in Cobell offers (06/11)
DOI sends over $230M in offers to Indian landowners in Montana (6/8)
Osage Nation expects to see offers from land buy-back program (05/28)
Cheyenne River Sioux Reservation sees $150M in land offers (05/07)
Cheyenne River Sioux Tribe prepares for Cobell buy-back offers (04/28)
Navajo Nation signs buy-back cooperative agreement with DOI (04/15)
Standing Rock Sioux Reservation sees $195M in buyback offers (04/06)
Navajo Nation considers agreement for land-buy back program (03/30)
DOI sends another $34M in offers on Rosebud Sioux Reservation (03/24)
Standing Rock Sioux Tribe seeks owners for buy-back program (3/19)
Lummi Nation signs cooperative agreement for Cobell buy-back (03/09)
DOI schedules listening session on buy-back program in Arizona (03/03)
Deadlines approaching for over $100M in land buy-back offers (02/24)
DOI signs land buy-back cooperative agreements with two tribes (01/30)
Osage Nation expects to see $7.4M in Cobell consolidation offers (1/27)
DOI sends $20M in land-buy back offers on Salt River Reservation (01/16)
DOI signs land buy-back agreements with Washington tribes (1/13)