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(Jim Thompson/Albuquerque Journal)
ALBUQUERQUE, N.M. Economic development was the star of the show during Monday’s Albuquerque City Council meeting, with most of the votes centering on large projects that sailed through without dissent.
“This is a great agenda,” Councilor Diane Gibson remarked at one point. “I wish we had agendas like this every single meeting.”
El Encanto better known to most of us as the tortilla-making, chile-processing Bueno Foods had two pieces of business on the agenda. The council approved both: $10 million in tax-exempt, city industrial revenue bonds and the city’s management of Bueno’s state-funded $500,000 Local Economic Development Act grant.