PIA will not buy TU properties
February 9, 2023
Amid much speculation, it was announced during Monday night's Tribal Council meeting that the Petersburg Indian Association will not be purchasing the two properties owned by the Trading Union.
According to Tribal Administrator Chad Wright, Trading Union General Manager Barry Morrison rescinded his offer to sell the properties that house the Trading Union and Evergreen Market Monday morning.
PIA had the two commercial properties at 401 N. Nordic Drive and 404 N. Nordic Drive appraised and would have potentially used American Rescue Plan Act funds to fund the purchase.
According to Morrison,...