Cherokee considers Tennessee resort investment
Cherokee leaders are hoping to establish a lucrative business on a portion of the 300-plus acres of Interstate 40 frontage the tribe purchased in Tennessee earlier this year while also advancing plans for an adventure park on the Qualla Boundary, but first Tribal Council must sign off on the venture.
Council gives $50 million to tribal LLC
The Cherokee Tribal Council voted to allocate an additional $50 million to Kituwah LLC, the tribe’s economic development arm, during its regular monthly meeting Thursday, Aug. 1.
Tribe to purchase 198 acres in Tennessee
The Eastern Band of Cherokee Indians will enter into a $13.5 million contract to purchase 197.62 acres of land along Interstate 40 in Tennessee following a unanimous vote from Tribal Council July 11.
