Navajo Council disapproves $220 million Bond

Navajo Council votes on $220 million Bond at 1:56 pm – as lunch is being delivered…
Speaker Naize says that 16 yes votes are needed and that there are 16 delegates on the floor.
9 in favor, 7 opposed so Legislation fails to be approved.

COUNCIL adjourns at 1:58 pm

Under Navajo law, the Council was required to approve the $220 million Bond legislation with a 2/3 vote in favor, which is 16 “Yes” votes since the Council consists of 24 members. And since the $220 million Bond didn’t receive the legally required 16 “yes” votes, it failed to be approved, which basically means it was disapproved and so now it’s dead legislation.

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