OCTOBER 1, 2002 Smoke Signals 5 Tribes Come Together For Opening of Fort Hoskins Project "This is a time of healing" Grand Ronde Tribal Chairwoman Cheryle Kennedy. - "1t ,0.: i 1 jrtJfcJ- ...... - i v.. W Maw!""! rr Opening The Ft. Hoskins Interpretive Center in Benton County was dedicated in an opening ceremony on Saturday, September 14th. The center includes a covered picnic area and multiple inter pretive panels that share a wealth of information with visitors. More panels are posted along the walking tour of the Oak Savannah Res toration area behind and below the shelter. Grand Ronde Tribal Chairwoman Cheryle Kennedy addressed the crowd that gathered and said the opening was a "time of healing." Kennedy said she hopes "we may never have to look back at a history like this again." Native drummers were part of several multi-cultural presentations that included a civil war re-enactment, tour and an open house at the Frantz-Dunn historic home. r 1 """"""V, " , .imj'.-.i .."P P I I 1 J 2 I 2 I Spirit Mountain Development Corporation Turns Profitable Brian Grant quickly shepherds agency from the red to the black. ... ys Brian Grant By Ron Karten The Spirit Mountain Development Corpora tion (SMDC) has been making investments aimed at diversifying beyond the casino since 1991. From 1996 through 1999, though, SMDC lost money. This year, after a lot of hard work -from the Tribal Council, SMDC staff, and the Board of Directors - the corporation turned prof itable. "In 2001, the new board promised that we would clean up the corporation, and within a year, it would be turning a profit and we've kept that promise," said Jan Michael Reibach, an SMDC board member and former board chair. Now in the real estate end of the Natural Re sources Division, Reibach stepped down from the chairmanship last year to finish his real estate education. Credit for the success, Reibach said, goes to Brian Grant, President of the Corporation. Grant came on in May 2001 as Chief Financial Officer (CFO) of SMDC and in October 2001, he replaced Gene Hill with the new title of Presi dent, which now incorporates the CFO position. At the time of Grant's arrival, the company had a number of investments that were not making money, including Gridco, an electrical contracting firm in Wilsonville, partial owner ship of strip malls in Salem and Redmond, and a loan to Coinless Systems Inc. based in Las Vegas. Gridco was closed, and the company sold its share of the strip mall properties to its part ner in those investments. SMDC completed Lakeview, a residential development in Albany, which was sold for a marginal profitable. Finally, in mid-2001, the Tribal Council merged the Tribe's local economic development efforts into the SMDC operation. Grant restruc tured the staff to avoid duplication and move forward. "I appreciate the support of the Tribal Council and the Board of Directors as we went through the process of restructuring," said Grant. "SMDC and the Community Fund have been our primary focus for the last two years, said Tribal Council Chair Cheryle Kennedy. "This is what we set out to do (with SMDC), and we're accomplishing it. We're on schedule," she said. Among success stories, the Gregory Project, a commercial and residential development in Portland's Pearl District (See Smoke Signals, 10 1501 and 21502 issues) has worked as planned for the Tribe. The residential units have all been sold, and SMDC continues to receive income from the commercial side. Also a continuing success are two businesses both managed by the same staff in Tangent, Oregon, south of Albany. Spirit Mountain Lo gistics, an inventory management and logistics firm, and Grand Ronde Industries, a light manufacturing company, both contract prima rily with Hewlett-Packard, and are cost-plus operations for the corporation. These last two companies benefit from the in terest that major companies and government en tities have in hiring minority firms. Although not many of the 20-30 employees in the Tangent firms are Indian, Indian ownership is the key, and said Grant, seeking more opportunities where minor ity presence is a plus will be the direction that SMDC investigates in the near future. "We're looking forward to more of these in vestments like the Hewlett-Packard," said Ed Larsen, Tribal Council member. "We're looking at some pretty exciting oppor tunities," Grant said. In general, the corpora tion is investigating opportunities in the manu facturing sector and the field of security. In terms of local opportunities, Grant said that preliminary work continues for the development of a job producing convenience store and gas station at the casino. Along with efforts to clean out the old, non performing investments and keep on top of suc cessful ventures, Grant has put in place some new rules. They will ensure that new ideas are well researched before investments are made, and carefully tracked once made. They also require that accepted accounting practices be followed. "It's a going concern now," said Reibach. "It's a viable business." B