FOR IMMEDIATE RELEASE
CONTACT: Steve Tripp
(602) 307-9504
TRIBE ACQUIRES QUARTER CIRCLE J RANCH;
PLANS TO CONTINUE CURRENT LAND USAGE
PRESCOTT, Ariz. (August 12, 2002) -- The Yavapai-Prescott Indian
Tribe has significantly added to its portfolio of holdings with the acquisition
of the 1,245-acre Quarter Circle J Ranch, located 18 miles southwest of
Prescott in Skull Valley. This
acquisition was completed July 10, 2002.
In
conjunction with to the 1,245-acre purchase, the Tribe has also leased an
additional 2,272 acres adjacent to the ranch from the Bureau of Land Management
and the State of Arizona. Included in
the purchase are two homes and a small airstrip.Ý The Skull Valley fire station is also located
on the parcel.
"Our
board of directors initiated this land acquisition to provide our members with
revenue-generating opportunities for the near future, as well as for
generations to come," said President Ernie Jones, Sr. in announcing the
transaction.
At this
time, says Jones, the Tribe's Real Estate Department is conducting studies to
determine the best long-range use for the acreage and predicts no significant
usage changes. In the immediate future,
the Tribe plans to generate revenue through existing sand and gravel leases and
cattle grazing opportunities.
Located adjacent
to the central Arizona community of Prescott, approximately one hour north of
Phoenix, the Yavapai Prescott Indian Tribe consists of 160 members and occupies
a reservation of less than 1,500 acres. Tribal enterprises, including a business park, shopping center and two
casinos, provide more than 2,500 jobs for the local economy.
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