Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Cobell Buyback Update


February 3, 2017

(Nespelem, WA)- - Although the closing date for accepting Cobell Land Buy-Back offers from Colville Reservation land owners was January 26th, the Buy-Back Team has announced it will continue to process offers after that date. However, there is no guarantee that late offers will be accepted.

According to the Memorandum of Agreement entered into between Colville Tribes and the Cobell Buy-Back Program, the Buy-Back Program is responsible for Outreach, Land Research, Valuation and Acquisition. Questions regarding any of these four issues should be addressed to the Buy-Back Program at the Trust Beneficiary Call Center (888-678-6836).

Tribal employees can assist in answering some questions about information in the Buy-Back packets, but Tribal staff does not have information on appraised values. The Buy-Back Program can provide copies of appraisals upon request by the land owner.

The Colville Business Council encourages all land owners with Buy-Back offer packets to contact the Buy-Back Program if they have any questions.


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