OK, gang, It is official. For the next 40 years SunCal will get 30% of the county's sales taxes, 10% of the property taxes and 50% of the state sales taxes from the first phase (4,000 acres) of their 57,000 acre development on the West side (bigger than Las Cruces and Santa Fe combined).
Think about it, we are subsidizing the development of a CITY!
It is such a shame that the Journal has not taken seriously its responsibility to inform the public about the TIDDs subsidies in a timely and detailed manner. Instead of researching why many other cities are turning against TIDDS, including Las Cruces, they have blindly followed Journal owner Lang's develop-at-any-cost agenda by printing SunCal's talking points and half truths like the following in today's paper.
On Jan 23, 2008, the ABQ Journal said, "County economic development coordinator Daniel Gutierrez said no taxes would be taken from other entities, such as Albuquerque Public Schools or University of New Mexico Hospital."
This is, of course, a sad half truth. When you reduce the amount of money going to the state, which provides APS' funds, you reduce the money available to go to APS.
Sigh.
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2 comments:
Gee, you people gave the keys to your city to what we here in Anaheim consider to be a dishonest developer. Too bad you people in New Mexico were asleep at the wheel and did not both to look into the background of how Suncal works. Believe me, the nightmare has just begun.
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