Council approves Downtown TIF proposals with accountability changes

Albuquerque city councilors Monday night approved two tax increment financing (TIF) proposals for Downtown, but made some changes that Mayor Tim Keller’s administration says are “incredibly restrictive.”  After a lengthy discussion during their Monday meeting, councilors unanimously approved the tax increment financing measures which allow the Metropolitan Redevelopment Agency (MRA) to implement both property tax-based […]

Council approves Downtown TIF proposals with accountability changes

Albuquerque city councilors Monday night approved two tax increment financing (TIF) proposals for Downtown, but made some changes that Mayor Tim Keller’s administration says are “incredibly restrictive.”  After a lengthy discussion during their Monday meeting, councilors unanimously approved the tax increment financing measures which allow the Metropolitan Redevelopment Agency (MRA) to implement both property tax-based […]

City Council set to have packed agenda for last meeting of the year

Albuquerque city councilors will likely have an extensive agenda for their last meeting of the year, but are expected to consider several key bills, including proposals for tax increment financing, a new business licensing system, cooling requirements for rental properties and encampment regulations.  Downtown TIF Two proposals to implement tax increment financing (TIF) for Downtown […]

City Council set to have packed agenda for last meeting of the year

Albuquerque city councilors will likely have an extensive agenda for their last meeting of the year, but are expected to consider several key bills, including proposals for tax increment financing, a new business licensing system, cooling requirements for rental properties and encampment regulations.  Downtown TIF Two proposals to implement tax increment financing (TIF) for Downtown […]