If Tribe ran Shelter Bay
October 19, 2022
What would happen if Shelter Bay didn’t pursue a new lease with the Swinomish Tribe? I think that we should start looking at the possibility that in 2044 the Tribe will take over the community and possibly the management of the community. Why wouldn’t they want to? They have proven themselves to be good managers of businesses and can probably do a very good job.
One problem between now and 2044 is getting 30 year fixed rate mortgage loans. I don’t know what the mechanism would be for securing that but maybe a letter from the Tribal Senate to lenders that guarantees people will be abl...