Future Issues & Developments
• An updated feasibility study may be needed on the second gas station and convenience store. A prior study was conducted in 2003 by Golden Eagle Management.
• Received HUD-ICDBG Grant for $584,500 for Water Storage Tank and Booster Pumps for fire flow to the USFS facility.
• A Community Economic Development Strategy “CEDS” document to Will Marshall, EDA, Los Angeles, CA. (March).

• All properties designated under the management of BPDC will need to have updated agreements/leases in place.
• Completed gas station renovation that includes additional retail square footage, walk in cooler, ceramic flooring, Manager office and employee lounge. Estimated cost $220,000.
• The development of a second gas station and convenience store on the corner of See Vee Lane and West Line Street.
• The development of additional 40-60 units of mini-storage.


Primary Activities

• To engage in any and all economic development activities which are mandated and in furtherance of the general economic plan adopted by the Tribal Council or the BPDC.
• To provide opportunities for income generation, management, ownership, training and employment of members of the Bishop Paiute Indian Tribe.
• Earn sufficient revenue to pay operating expenses and capital obligations, accumulated reasonable financial reserves, repay tribal-loaned funds.
•To provide employment opportunities for tribal members and contracting opportunities for Indian owned businesses and to assist Indian owned businesses by way of loans and or assistance
.

Results & Accomplishment
• BITC approved transfer of gas station to BPDC on October 10, 2002. Acquired the Bishop Paiute Gas Station from Tribe as of January 1st 2003. Including all equipment, environmental, accounting and personnel deficiencies.
• BITC in 2007 reacquired management of the Bishop Paiute Gas Station. BPDC has continued to be involved in renovation improvements, repair and maintenance on behalf of BPTC.
• Repaid short-term loan to BITC for shortfall of gas station expenses. ($120,000).
• Repaid $105,000 to BITC for loan to complete construction of gas station.
• Started construction of USFS in July 2002 and completed in May 2003.
• USFS and BLM moved into building on June 2003. Acquired and finalized a $3.5 million loan from Union Bank of California and $2 million loan from Bishop Tribe to construct the USFS Building. (June).
• BPDC enters into a one-year contract for electrical services with Ed Solarewicz. (March 2009)
•BPDC receiving lease payments of $47,000 for USFS Building (August 2003).
•Working with SCE to develop potential training and energy conservation assistance.
• Designs are completed for Expansion of Mini Storage.
• Reaffirmed the corporate authority between the BPDC and BITC at a joint meeting.
• BPDC currently administers a Revolving Loan Program in the amount of $60,000. This loan program is available to Bishop Paiute Tribal members that are seeking financial assistance in owning their own business. Funds can be used to expand new or existing businesses. The Loans are relatively small and are short term and when repaid will enable new loans on a continued basis. This loan program has been available to Tribal members since 2001.