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THURSDAY, JULY 10, 2003

California's Cabazon Band of Mission Indians will receive $145 million in tax-exempt bonds from a state agency to build a 12-story hotel and convention center.

The deal is believed to be the second in the nation of its kind. The tribe created a public subsidiary and an independent board to oversee the project, and entered into agreements to provide revenues to and make improvements in local communities.

Get the Story:
Indian tribe issues municipal-style bonds to finance growth (AP 7/9)

Relevant Links:
Cabazon Band of Mission Indians - http://www.cabazonindians.com