|"Forget the Rest" blog|
Nov 15, 2016
forwarded from Sayrah N:
MAKE YOUR VOICE HEARD: New Mexico is not for sale!
TIDDS = CORPORATE WELFARE
While Bernalillo County has approximately $710 million dollars in unfunded infrastructure backlog, the Santolina developers are asking for taxpayers to dedicate 45% of all Property Tax Increment generated within the Districts, together with 45% of Gross Receipts Tax revenue to support Santolina!
Santolina developers will be asking for nearly $2 BILLION from NM taxpayers over the lifetime of their project when our state budget is currently facing a multimillion dollar shortfall!
And the Santolina Developers misled the public: attorney John Salazar, who represents Western Albuquerque Land Holdings (WALH), stated during hearings on Santolina back in May 2015 - “The developer has committed to pay 100 percent of the project infrastructure… And there’s no request for a subsidy. There’s been no request that the county provide incentives to bring this project to the county.”
But, just months later, Santolina developers have asked the county to divert much needed gross receipts and property tax money for Santolina that would REIMBURSE them for any public infrastructure it builds.
The rules governing this request require that this development be at NO NET EXPENSE to all taxpayers but a request for TIDDS violates the Developer’s pledge.
WHEN: Tuesday, Nov 15, 2016
WHERE: Civic Plaza – Rally Starts at 4:30 pm; Hearing starts at 5pm - Vincent E. Griego Chambers- basement level
WHAT: We need your public input on how Bernalillo County should NOT support the approval for TIDDS to reimburse Santolina Developers.
We need to be loud and clear that none of taxpayer money should pay for the Santolina Developer’s project!
Please wear your Contra Santolina shirts or wear yellow!
SHOW UP AND SPEAK OUT! STOP THE CORPORATE GREED AND CORPORATE WELFARE!
If you cannot attend the meeting, please help us spread the word. You can also call and/or email Enrico Gradi to voice your concerns - Email: firstname.lastname@example.org. Office: (505) 314-0350.
For more info, visit the Contra Santolina Facebook page - https://www.facebook.com/contrasantolina