The Albuquerque Journal is reporting today that New Mexico critics of a plan to subsidize SunCal with $408 million of tax revenues for their West Mesa project are asking why a state analysis of the deal omitted major concerns that were documented last year. Here in Alameda, SunCal has indicated that they will seek a similar tax increment financing mechanism to subsidize their estimated $700 million in infrastructure costs to develop Alameda Point.
Continue reading SunCal New Mexico Plan Might Not Generate as Much Tax Revenue as Promised
Recent Comments