Cobell checks stimulate Pine Ridge Reservation economy - KOTA Territory News
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Cobell checks have arrived at the Pine Ridge Indian Reservation, and some say the money will be a stimulus for the reservation's economy.
The checks are payment from a settlement made with the federal government. Individuals who own land and applied for a Cobell check received $1,000. Economic Development Director David Mills says that $1,000 this time of year can mean a lot.
As another part of the settlement, the Pine Ridge Indian Reservation itself could receive $126 million. Mills says that money will most likely go to land acquisitions and education on the reservation. "Now is it going to help the economy, yes it will because as we grow we need more land, we need infrastructures, water, sewer, we need better education, we need better courts," said Mills.
Mills says the tribe will most likely meet in February to start deciding what to do with that settlement money.
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