Navajos approve lease extension for power plant
Posted at: 07/20/2013 11:52 AM
By: Mike Anderson, KOB Eyewitness News 4
The Navajo Nation Council has approved a lease extension for a northern Arizona coal-fired power plant that sends water to the state's biggest cities.
The council voted 16-6 in favor of the legislation during its session late Thursday.
Under the measure, the lease for the Navajo Generating Station near Page would expire in 2044.
The agreement boosts yearly payments to the Navajo Nation from $3 million to $43 million.
Supporters say extending the lease preserves jobs and revenue to the tribe.
It also keeps the coal mine that feeds the plant in operation.
Salt River Project operates the plant.
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