The Sandoval County Commission created a new $3 million economic development fund this month to help recruit, retain and expand businesses in Rio Rancho and other parts of the county.
The five-member commission unanimously approved a new Economic Development Project Account on June 1, using $1.06 million in interest earned on property taxes, plus $1.9 million in accumulated earnings from excess money paid by Intel Corp. on county-backed bonds approved in 2004...
...moreKen Notes: The funds are a good idea, but securing or buying land where you want development to occur is even better...
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- - Volume: 5 - WEEK: 25 Date: 6/22/2017 8:37:58 AM -