« Deaths and ATV Sales | Main | Planning and Suing »

Friday, February 15, 2008

Comments

Marjorie

And it was close to $1 Billion given the inflation adjustment provision. Yes, Cisco is more popular than ever at the moment, in every sense!

pms1967

thank you coco for making me aware of this issue here as well on the radio ABQ1350. I hope New Mexicans appreciate Senator McSorley's filibuster for the states future economic well being. Keep the money in the citizens hand for the common good. Also support Sen. Chris Dodd in the all important FISA debate. Truth to Power.

Stan

Congratulations, The People of Anaheim sent Suncal packing when their lobbyists influenced three of our council members to change zoning in the Anaheim Resort Zone so they could build 1500 homes on 26 acres. It took the people of Anaheim a year before Suncal folded their tent but not without suing the landowner who has since sold that same 26 acres to a developer willing to build hotels and restaurants in compliance with our original zoning. Just make sure you watch your backs when it comes to Suncal. They are used to getting what they want and when they don't, they sue!

Hunter

The final paragraph from the Fiscal Impact Report. Expect SunCal to be back with more of the same at the next session. Of course, absent an improved economy, another denial should be a given (should be). Also expect a lot of SunCal money to appear in campaign finance disclosures.

WHAT WILL BE THE CONSEQUENCES OF NOT ENACTING THIS BILL
The DevCo TIDD would not be able to move ahead with bond issues. They will still receive the
tax increment revenues beginning in July 1, 2008, but would have to come back for approval at a
later date. The law is unclear as to what happens to the tax increment revenue if there is no
authority to issue bonds. DevCo does not plan on issuing any bonds for several years so the
impact would only be uncertainty to the investors but have no material impact on the planning.
DevCo is still able to issue bonds secured by the County property and gross receipts taxes
distributed to the TIDD.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)