Navajo Council Budget & Finance to vote on $300M to buy unknown “Company”, 6.23.20

Greetings Relatives/Frens/Humans: And Ahe’hee/Thank You for keeping yourself Informed about what your Navajo Nation government does in Your Name.

The Budget & Finance held a work session on Legislation 0127-20, which seeks the B&F approval of $300 million to buy an unknown named manufacturing “Company”, Monday, 6.22.20, and now 0127-20 goes before the B&F during their meeting today, 6.23.20, so they take action on it – approve or disapprove it.

The B&F have sole authority over 0133-20, which means this request for $300M, which has the support of the Navajo Nation Investment Committee, does not need to be approved by any other standing committee or the Navajo Nation Council.

PROPOSED AGENDA OF THE BUDGET AND FINANCE COMMITTEE OF THE NAVAJO NATION COUNCIL June 23, 2020
Special Meeting, 10 a.m.
Via Teleconference:
TELECONFERENCE CALL NUMBER: (425) 436-6375, PASSCODE: 805049
Presiding: Jamie Henio, Chairperson
Raymond Smith, Jr., Vice Chairperson

Place: Via teleconference, Window Rock, Navajo Nation, Arizona
Members Present:
_ Elmer P. Begay _ Jamie Henio
Nathaniel Brown _ Raymond Smith, Jr.
Amber K. Crotty _ _ Jimmy Yellowhair

  1. Call the Meeting to Order; the Roll Call; the Invocation;
  2. Recognize Guests and Visiting Officials
  3. Review and Adopt the Agenda
    M: S: Vote: Yeas: Nays
  4. Review and Adopt the Journal: none
    M: S: Vote: Yeas: Nays
  5. Receive Reports: none
  6. Old Business: none
    M: S: Vote: Yeas: Nays
  7. New Business:
    a. Legislation No. 0133-20: An Action Relating to the Budget and Finance Committee; Approving a Direct Equity Investment in Company as set forth in NNICJU-08-20 pursuant to the Navajo Nation Master Investment Policy. Sponsored by Jamie Henio and Seth A. Damon, Council Delegates
    M: S: VOTE: Yeas: Nay

Close of the Session; Written Announcements; Adjournment
Vote: Yeas: Nays
Next Regular Meeting: July 7, 2020
THIS AGENDA IS SUBJECT TO CHANGE. The public is advised that the Navajo Nation Council Agenda and the Agendas of the Standing Committees are not final until adopted by a majority
vote of the Navajo Nation Council or the Standing Committee at a Navajo Nation Council or a Standing Committee meeting pursuant to 2 N.N.C. ยงยง163 and 183, Navajo Nation Council Rule of

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