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Buyers line up for failed Si Tanka University campus
Wednesday, April 6, 2005
The U.S. Department of Agriculture is considering buyers for the failed Si Tanka University campus in Huron, South Dakota.
The USDA extended a $3.3 million loan to Si Tanka. The loan is now in default and foreclosure proceedings could start.
A USDA official said several parties are interested in bailing out the campus but wouldn't disclose names. Previously, Ron Volesky, a member of the Standing Rock Sioux Tribe, expressed interest.
The Cheyenne River Sioux Tribe, which chartered Si Tanka, is focusing on keeping the on-reservation campus in Eagle Butte afloat.
Get the Story:
Official says groups interested in Si Tanka
(AP 4/6)
Relevant Links:
Si Tanka University -
http://www.sitanka.edu
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