THE ALBUQUERQUE CITY COUNCIL MONDAY NIGHT DECLARED ALBUQUERQUE’S INTENT TO ISSUE SIX-MILLION DOLLARS IN INDUSTRIAL REVENUE BONDS TO SUPPORT TASKUS MOVING TO DOWNTOWN. EXPANDING TASKUS WILL ADD ANOTHER 700 JOBS TO ALBUQUERQUE’S ECONOMY AND THE IRB PACKAGE WILL FUNCTION AS A PROPERTY TAX BREAK.
COUNCILORS PREVIOUSLY DID APPROVE AN INCENTIVE PACKAGE FOR THE COMPANY . IT INCLUDES 2-MILLION DOLLARS FROM NEW MEXICO’S LOCAL ECONOMIC DEVELOPMENT ACT FUND AND ANOTHER MILLION FROM ALBUQUERQUE’S CLOSING FUND. COUNCIL PRESIDENT KEN SANCHEZ SAYS THE COMPANY WILL BE A VALUABLE PART OF THE CITY.
