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Volume 24
Number 9
CHROMY CIRI
CHROMY CIRI
Inside:
 
A Word from
the President
Page 2
 
AFN Convention
Page 2
 
Chairman's message
Page 3
 
CIRI Non-profit news
Page 4
 
Opportunity knocks
page 5
 
CIRI spotlight
page 5
 
A look back in history
Page 6
 
News you can use
Page 7
 
In touch
Page 8
Alaska Native and American Indian students attending Alaska Pacific University in summer 2001 will have a new option of living in a safe, secure and affordable on-campus housing facility at the CIRI House, a facility dedicated to helping Native students succeed while attending the university.
 
Frank Peratrovich, Jr., executive director of Cook Inlet Housing Authority, announced that plans for the facility have been developed and the project, which will house 40 students on the APU campus in Anchorage, should be completed within two years.
 
Peratrovich describes the CIRI House as a "first of its kind in the nation" and added that building the facility "clearly demonstrates CIRI's commitment to higher education for Native students."
 
In addition to providing a "home away from home," the CIRI House will offer Native students financial aid advice, academic support and counseling.
 

The CIRI House is being developed in partnership with CIRI, Cook Inlet Housing Authority, Cook Inlet Tribal Council and The CIRI Foundation. For more information, call Annette Zella at (907) 564-8213 or Kameron Holloway at (907) 564-8248 or visit the APU web site at www.alaskapacific.edu.

ciri house

CIRI House is scheduled to open in 2001 and provide a living and learning community for Alaska Native students attending Alaska Pacific University in Anchorage.

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CIRI HOUSE COMPLETION TARGETED FOR 2001
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DECEMBER DIVIDENDS ANNOUNCED
Special year-end dividend increases
 
The CIRI Board of Directors recently announced a fourth quarter dividend in the amount of $5.50 per share, or $550 for 100 shares. In addition, a special Christmas dividend for 1999 has been declared in the amount of $3.00 per share, or $300 for 100 shares. This is an increase of one dollar per share over the 1998 special dividend distribution.
 
"With the distribution of these December dividends, CIRI will have paid out a total of $15.6 million to shareholders in 1999," said Carl Marrs, CIRI president and CEO. "This is a 15-percent increase over the total 1998 distribution."
 
The fourth quarter dividend is scheduled for distribution Tuesday, December 14, while the special dividend will be distributed on Friday, December 17. All dividend checks can now be either mailed to shareholders at the address CIRI has on record or electronically deposited to a shareholder's designated bank account. Address changes must be submitted in writing with a signature and current telephone number and mailed to the attention of CIRI Shareholder Relations at PO Box 93330, Anchorage, AK 99509-3330.
 
 
Direct deposit of dividends now available
 
Beginning with the December dividends, CIRI shareholders now have the convenient option of
choosing direct deposit of their shareholder dividend
distributions. Direct deposit safeguards against misplaced, lost or stolen dividend checks and helps shareholders receive dividends faster. By signing up for the direct deposit program, funds are electronically transmitted into the shareholder account on the designated distribution date while a mailed voucher provides amount of deposit. There is no need to wait until a check arrives and no need to make a trip to the bank.
 
To take advantage of direct deposit, complete the form mailed to all shareholders earlier this month or contact the Shareholder Relations Department to request an "Authorization for Direct Deposit of Dividends" form. Return the completed form along with a voided check or deposit slip from your checking or savings account with any bank, savings and loan or credit union.
 
CIRI must receive the required documents by no later than 3 p.m. on Wednesday, November 17 in order to implement the direct deposit option for fourth quarter distribution. If shareholder documents are received after the cut-off date, applications will be kept on file and used to implement direct deposit in conjunction with the next distribution.
 
The Shareholder Relations Department can be reached at (907) 274-8638, or toll-free at 1-800-764-2474. For your convenience, the "Authorization for Direct Deposit of Dividends" form is also on the CIRI web site at www.ciri.com under shareholder services.