Posted inAlbuquerque, City Hall, Downtown

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 […]

Posted inAlbuquerque, City Hall, Downtown

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 […]

Posted inAlbuquerque, City Hall, 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 […]

Posted inAlbuquerque, City Hall, 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 […]

Posted inAlbuquerque, City Hall, County Government, Downtown

Downtown TIF proposal sees incremental movement toward approval

Albuquerque city councilors will soon decide the fate of two proposals Mayor Tim Keller’s administration says will help revitalize Downtown.  After two years in the works, two tax increment financing (TIF) proposals for Downtown are expected to be on the City Council’s Dec. 16 meeting agenda. If passed by the council, the proposals would allow […]