Political Quotes

“this bill would approve an agreement among the Resolution Trust Corporation, the Salt River Pima-Maricopa Indian Community of Arizona, and the city of Scottsdale to divide 701 acres of land known as the Saddleback Mountain property. In 1989, the RTC, in its capacity as receiver for the Sun State Savings and Loan Association, acquired the Saddleback Mountain property and noticed the land for sale. The Pima Tribe submitted the highest cash bid for the property offering $6.5 million. In response to this bid, the city of Scottsdale filed suit against the RTC to acquire the property through eminent domain. Reacting to the suit, the RTC rejected all bids on the land and prepared to transfer the land to the city of Scottsdale at which point the tribe sued the city and the RTC for damages. Finally, all sides agreed to negotiate a settlement. The agreement will allow the tribe to receive the bulk of the land, the city of Scottsdale to obtain land for preservation purposes and to address traffic flow problems, and the RTC will receive the full amount originally bid. All parties support this agreement and both lawsuits will be dismissed upon its enactment. I support enactment of this bill and ask my colleagues to support this legislation.”