Belen to help new wind tower company
The Belen City Council unanimously approved a resolution spelling out its intent of issuing taxable industrial revenue bonds not to exceed $65 million for Arcosa.
Read Moreby Clara Garcia | News-Bulletin Editor and Julia M. Dendinger | News-Bulletin Assistant Editor | Mar 30, 2023 | Business, News | 0
The Belen City Council unanimously approved a resolution spelling out its intent of issuing taxable industrial revenue bonds not to exceed $65 million for Arcosa.
Read Moreby Clara Garcia | News-Bulletin Editor | Feb 9, 2023 | Business, News, Top Stories | 0
Starbucks will pay $260,000 up front for these infrastructure improvements, but city councilors agreed to forgo 100 percent of the business’ gross receipt taxes they would pay to Belen until that amount is reimbursed to the company — which is estimated to be about 14 years.
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