California Governor Jerry Brown signed a compact with the tribe in 2016, which required it to negotiate an agreement with Amador County. But the county has been against the project since a casino was first proposed back in 1999, and progress has been stymied by constant litigation.<\/p>\n
The county has argued the federally recognized tribe is not a \u201creal tribe.\u201d The Me-Wuk Indians disappeared from the foothills of the Sierra Nevada 150 years ago.<\/p>\n
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The tribe that first floated the idea of a casino almost 20 years ago consisted of one middle-aged woman, Donnamarie Potts, and her two adult children.<\/p>\n<\/div>\n
Potts was later challenged by another woman, Rhonda Morningstar Pope, who claimed she was the last surviving adult member of the tribe. The Potts were found to have no Me-Wuk blood lineage and, to this day, Pope remains head of the tribal council.<\/p>\n
Regardless of its size, however, the Buena Vista Rancheria band is a federally recognized and the courts have sided with the tribe.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Buena Vista Rancheria band of Me-Wuk Indians has finally received financial backing for its long-cherished dream of a casino in Amador County, California. But unfortunately, it comes in the form of a junk bond with the highest interest rates seen since the financial meltdown. According to International Financing Review, the tribe will pay 14.425 […]<\/p>\n","protected":false},"author":42,"featured_media":72572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,1],"tags":[],"acf":[],"yoast_head":"\n
Tiny California Tribe Pays Astronomical Interest on Casino Junk Bond<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n