The Isleta Tribal Council was considering buying the A.S. Horner property, which included an office building, a warehouse and 33 acres of land. This property is located in Albuquerque, just off of Bobby Foster Road. The original asking price of this property was in excess of 5 million dollars.
The Council was sharply divided on whether to buy the property. Some Council members wanted to use the building to house tribal programs and others thought they could lease out the property. Ultimately, the Council had no definite plan on how to use the property.
Nevertheless, at a prior meeting, the Council decided to get an independent appraisal on the value of the building. The Council hired Godfrey Appraisal Services to provide an assessment. Bryan Godfrey gave his report to the Council during their afternoon session on September 2, 2014.
After listening to Mr. Godfrey’s assessment, the Council excused him. Each Council member then briefly stated whether they were in favor of purchasing the property.
Some of the more interesting comments were:
Council member James Abeita – We try putting more lipstick on a pig every time we discuss this. But, it changes nothing. There will be too much in additional future costs and I do not support this.
Secretary Verna Teller – All of the concerns that some of us had with purchasing this building have been confirmed. I want to be clear, I’m not opposed to purchasing land. But, it has to make sense for our Pueblo. As for this, “it’s a big fat no.”
Council member Barbara Sanchez – The appraisal gave me more information. But, I see us giving out per capita and we spend 7.5 million dollars on that every time. For this, I’m gonna stay neutral.
Council member Joseph “Cougar” Lucero – The whole purpose of doing a due diligence it to allow us to make an educated decision. I don’t think it makes sense for us to purchase this property.
Vice-President Larry Jaramillo – I know, I’m out voted. But, I think this would be a good investment. I see Sandia purchasing things. We also need to venture out. I know we have the IBC (Isleta Business Corporation) but we haven’t seen anything out of them.
After everyone stated their position, Secretary Verna Teller made a motion to terminate purchasing the A.S. Horner Property and directed the Pueblo’s Treasurer to get back the Tribe’s $50K that was placed in escrow. Council member Josephine Padilla seconded the motion.
The Council voted as follows:
In Favor: Verna Teller; Opposed: Larry Jaramillo; Abstaining: Joseph “Cougar” Lucero Absent: Michael Allen Lente; &
Fernando Abeita; &
Barbara Sanchez; &
Juan Rey Abeita.
Joseph “Cougar” Lucero
Michael Allen Lente; &
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