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Copyright © 2021 Albuquerque Journal Bernalillo County’s first responders will have a new, custom-built training facility by 2023 under a newly approved $51.8 million deal with a local developer. The County Commission last week approved an agreement with FireEd LLC to build a 40,981-square-foot training academy in the South Valley for the Sheriff’s Office and Fire Department. The county will then rent the building for 30 years at a total cost of $51.8 million. It is the county’s first “build-to-suit” lease deal, an arrangement officials said they chose in part to avoid large upfront costs or potential new debt. The county already issued more than $40 million in bonds to help fund its new administrative headquarters in Downtown. Paying for the training academy via more bonds would have reduced the county’s borrowing capacity and potentially hindered needed projects in the years to come, Deputy County Manager for Finance Shirley Ragin said.

Jerry mosherShirley raginJan wilsonSteven michael quezadaGreg perezMorgas bacaCharlene pyskotyJulie morgas bacaFire departmentSheriff officeValley for the sheriff officeCounty commissionSouth valleyDeputy county managerFinance shirley raginManager julie morgas baca