The Suquamish Tribe of Washington paid $4.65 million for a golf course and land, far below the assessed value, The Kitsap Sun reports. The White Horse Golf Course and 159 undeveloped housing lots were valued at $7.55 million in 2010. In 2009, the property was valued at $16.06 million. About 110 acres of the property lies within the boundaries of the Port Madison Reservation. The tribe hasn't decided whether it will seek to have the land placed in trust. Get the Story:
White Horse's Future Tax Status Unclear (The Kitsap Sun 3/10)