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Red Lake Nation Agrees to $18.5 Million Settlement with Enbridge - Native News Online

31.12.15

Red Lake Nation Agrees to $18.5 Million Settlement with Enbridge - Native News Online: In exchange, the Band will designate one or more parcels of land within the 1863 treaty area/1889 agreement for Enbridge to purchase on behalf of the Band and will begin the fee to trust land exchange. Red Lake’s constitution and federal regulations require that the land coming into trust must be of equal or more value than the land coming out of trust. Once the land exchange is complete, the Band will take possession of the total value in the escrow account including any interest.

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