Cobell Settlement Consultation in Phoenix Tomorrow

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Cobell Settlement

Native Brief: PHOENIX - On Thursday, September 29, the fifth regional government-to-government tribal consultation regarding the Trust Land Consolidation component of the Cobell Settlement will take place. The United States Department of the Interior (DOI) Solicitor Hilary Tompkins, Deputy Associate Secretary Meghan Conklin, and Deputy Assistant Secretary-Indian Affairs for Policy and Economic Development Jodi Gillette, will attend.

The Cobell Settlement will address the Federal Government's responsibility for an historical accounting of Individual Indian trust accounts and trust mismanagement claims on behalf of more than 300,000 individual Indians.

Background on Cobell Settlement

The $3.4 billion Cobell settlement was approved by Congress on November 30, 2010 (Claims Resolution Act of 2010) and signed by President Obama on December 8, 2010. The Cobell Settlement will address the Federal Government's responsibility for an historical accounting of Individual Indian trust accounts and trust mismanagement claims on behalf of more than 300,000 individual Indians. A fund of $1.5 billion will be used to compensate class members for their historical accounting, trust administration and asset mismanagement claims.

In addition, to address the continued proliferation of thousands of new trust accounts caused by the "fractionation" of land interests through succeeding generations, the Settlement establishes a $1.9 billion fund for the voluntary buy-back and consolidation of fractionated land interests. The land consolidation program will provide individual American Indians with an opportunity to obtain cash payments for divided land interests and free up the land for the benefit of tribal communities. Up to $60 million of the $1.9 billion will be set aside to provide scholarships for post secondary higher education and vocational training for American Indians and Alaska Natives.

More information and materials can be found at www.doi.gov/cobell »

WHAT:   Fifth Regional Tribal Consultation on Cobell Trust Land Consolidation Program

WHO:   Hilary Tompkins, Solicitor, DOI
Meghan Conklin, Associate Deputy Secretary, DOI
Jodi Gillette, Deputy Assistant Secretary-Indian Affairs for Policy and Economic Development
Tribal Leaders from the Western Region and Other Regions

WHEN:   Thursday, September 29

TIME:   Registration will begin at 7:00 am mst
Consultation will begin at 8:30 am - 4:00 pm mst

WHERE:   Sheraton Crescent
2620 W. Dunlap Avenue
Phoenix, Arizona

posted September 28, 2011 6:00 pm edt