Come and Get It! Free Money!
No, not you, silly. Not unless you’re a large multi-state developer or a defense contractor.
Discussion at the April 21 Council meeting swirled around who would get the biggest cut of tax money in the form of TIDDs (Tax Increment Development Districts). Public comment included nine speakers that asked the Council to oppose sentiments expressed by a Kirtland Air Force Base speaker, who seemed to prioritize money for more weapons systems above funding Social Security and Medicare.
In other actions, councilors directed Mayor Martin Chavez to study a proposed rate hike by the Public Service Company of New Mexico. Councilor Rey Garduño’s bill supporting the Mining Reclamation Act of 2007 passed. The new mining act would update the 1872 act that allows toxic contamination of water and destruction of public land while paying no royalties.
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